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Investigation announced for Investors in shares of Supernova Partners Acquisition Company, Inc. (NYSE: SPNV)

09-03-2021 02:56 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of investors in Supernova Partners Acquisition Company, Inc. (NYSE: SPNV) shares was announced.

An investigation on behalf of investors in Supernova Partners Acquisition Company, Inc. (NYSE: SPNV) shares was announced.

An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at Supernova Partners Acquisition Company, Inc.

Investors who purchased shares of Supernova Partners Acquisition Company, Inc. (NYSE: SPNV) 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 Supernova Partners Acquisition Company, Inc. officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

Washington, DC based Supernova Partners Acquisition Company, Inc. does not have significant operations.

On October 20, 2020, Supernova Partners Acquisition Company, Inc. announced the pricing of its upsized initial public offering (“IPO”) of 35,000,000 units at a price of $10.00 per unit.

On March 25, 2021, it was announced that residential real estate solutions provider Offerpad has entered into a merger agreement with Supernova Partners Acquisition Company Inc., a publicly-traded special purpose acquisition company. The business combination values Offerpad at a post-transaction equity value of approximately $3.0 billion.

Shares of Supernova Partners Acquisition Company, Inc. (NYSE: SPNV) declined from $12.40 per share on February 19, 2021, to $9.83 per share on April 20, 2021.

Those who purchased shares of Supernova Partners Acquisition Company, Inc. (NYSE: SPNV), have certain options and should contact the Shareholders Foundation.

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 lawsuits, 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.

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