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Investigation announced for Investors in shares of Breeze Holdings Acquisition Corp. (NASDAQ: BREZ) over potential Wrongdoing

04-20-2022 09:18 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of investors in Breeze Holdings Acquisition Corp. (NASDAQ: BREZ) shares over potential wrongdoing.

An investigation on behalf of investors in Breeze Holdings Acquisition Corp. (NASDAQ: BREZ) shares over potential wrongdoing.

An investigation was announced for long-term investors in shares of Breeze Holdings Acquisition Corp. (NASDAQ: BREZ) over potential breaches of fiduciary duties by certain directors at Breeze Holdings Acquisition Corp.

Investors who purchased shares of Breeze Holdings Acquisition Corp. (NASDAQ: BREZ) 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 the Breeze Holdings Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including the dilution of ownership interest in the combined company.

On January 27, 2022, D-Orbit S.p.A. announced that it will become publicly listed through a business combination with Breeze Holdings Acquisition Corp. (NASDAQ: BREZ). Under the terms of the agreement, Breeze Holdings shareholders will retain ownership of 8.4% of the combined company.

Shares of Breeze Holdings Acquisition Corp. (NASDAQ: BREZ) closed on February 24, 2022, at $10.28 per share.

Those who purchased shares of Breeze Holdings Acquisition Corp. (NASDAQ: BREZ) 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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