Investigation announced for Investors in shares of AMCI Acquisition Corp. (NASDAQ: AMCI) over Takeover

An investigation was announced concerning whether the takeover of AMCI Acquisition Corp. is unfair to NASDAQ: AMCI stockholders.

Investors who purchased shares of AMCI Acquisition Corp. (NASDAQ: AMCI) and currently hold any of those NASDAQ: AMCI shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain officers and directors of AMCI Acquisition Corp. breached their fiduciary duties owed to NASDAQ: AMCI investors in connection with the proposed acquisition.

On October 13, 2020, Advent Technologies Inc. and AMCI Acquisition Corp. (NASDAQ: AMCI) announced that they have entered into an agreement and plan of merger (the “Merger Agreement”) for a business combination that would result in Advent Technologies Inc becoming part of a publicly listed company as a wholly-owned subsidiary of AMCI Acquisition Corp. Under the terms of the agreement, AMCI shareholders will retain ownership of only 31% of the combined company.

However, the investigation concerns whether the offer is unfair to NASDAQ: AMCI stockholders. More specifically, the investigation concerns whether the AMCI Acquisition Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.

Those who are current investors in AMCI Acquisition Corp. (NASDAQ: AMCI) shares have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.