Press release
Investors who lost money with Pardes Biosciences, Inc. (NASDAQ: PRDS) should contact the Shareholders Foundation
An investigation for investors in Pardes Biosciences, Inc. (NASDAQ: PRDS) shares over potential securities laws violations.
Investors who purchased shares of Pardes Biosciences, Inc. (NASDAQ: PRDS), 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 focuses on possible claims on behalf of purchasers of the securities of Pardes Biosciences, Inc. (NASDAQ: PRDS) concerning whether a series of statements by Pardes Biosciences, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Carlsbad, CA based Pardes Biosciences, Inc., a clinical stage biopharmaceutical company, focuses on discovering, developing, and commercializing novel therapeutics to improve the lives of patients suffering from life-threatening disease.
On December 23, 2021, Pardes Biosciences, Inc. entered into a definitive merger agreement to acquire FS Development Corp. II (NasdaqCM:FSII) from FS Development Holdings II, LLC, Daniel Dubin, Owen Hughes, Deepa Pakianathan, and others for approximately $320 million in a reverse merger transaction on June 29, 2021.
Shares of Pardes Biosciences, Inc. (NASDAQ: PRDS) declined to as low as $0.75 per share on November 29, 2022.
On January 19, 2023, NASDAQ: PRDS shares closed at $1.76 per share.
Those who purchased shares of Pardes Biosciences, Inc. (NASDAQ: PRDS) 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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