Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Xos, Inc. (NASDAQ: XOS) and ElectraMeccanica Vehicles Corp. is fair to Xos shareholders. Upon closing of the proposed transaction, ElectraMeccanica shareholders are expected to own approximately 21% of the combined company.
Halper Sadeh encourages Xos shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.
The investigation concerns whether Xos and its board violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Xos shareholders; and (2) disclose all material information necessary for Xos shareholders to adequately assess and value the merger consideration. On behalf of Xos shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
Halper Sadeh encourages Xos shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.
Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
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