NEW YORK, Sept. 9, 2020 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Haymaker Acquisition Corp II ("HYACU" or the "Company") (NASDAQ: HYACU), a special purpose acquisition corporation, in connection with the Company's proposed merger with Arko Holdings Ltd. ("Arko"), a privately-held company. Under the terms of the merger agreement, HYACU will acquire Arko through a reverse merger that will result in Arko becoming a public company listed on the Nasdaq Capital Market under the new ticker "ARKO." The proposed transaction has a pro forma enterprise value of approximately $2 billion.
If you own HYACU shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:
http://www.weisslawllp.com/haymaker-acqusition-corp-ii/
Or please contact:
Joshua Rubin, Esq.
WeissLaw LLP
1500 Broadway, 16th Floor
New York, NY 10036
(212) 682-3025
(888) 593-4771
[email protected]
WeissLaw is investigating whether HYACU's board acted in the best interest of the Company's public shareholders in agreeing to the proposed transaction, whether the board was fully informed as to the valuation of Arko, whether the deal's equity split is fair to HYACU shareholders, and whether all information regarding the valuation of the transaction will be fully and fairly disclosed to HYACU's public shareholders.
WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at [email protected]
SOURCE WeissLaw LLP
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