New York-based law firm WeissLaw said it is “investigating possible breaches of fiduciary duty and other violations of law” by the board of directors of Collective Growth Corporation in connection with the company’s proposed merger with Innoviz Technologies. Read more.
Related Posts
GreenVision Extends Merger Deadline With Cash Infusion
GreenVision announced that it has deposited $575,000 into its trust account to extend the deadline to complete a business combination from Nov. 21 to Feb. 21.
Astrea Acquisition Sets Vote Date on HotelPlanner and Reservations.com Deals
The deal is expected to provide HotelPlanner with more than $120 million in cash proceeds to its balance sheet, assuming no redemptions.
Zanite Confirms Negotiations with Eve Urban Air Mobility
Zanite's statement follows earlier reporting that the two companies were in talks about a merger that could value the combined entity at $2 billion. The SPAC raised nearly $240 million in a November IPO.
Bridgetown 2 Shareholders Approve $1.78B PropertyGuru Deal: Report
The Bloomberg report did not mention redemptions, if any, and the SPAC has yet to file details of the shareholder vote with the SEC.