Spartan Acquisition Corp. II [SPRQ] is 28.98% higher this YTD. Is it still time to buy?

Spartan Acquisition Corp. II [NYSE: SPRQ] price surged by 21.34 percent to reach at $2.52. The company report on January 26, 2021 that SHAREHOLDER NOTICE: Brodsky & Smith, LLC Announces an Investigation of Spartan Acquisition Corp. II (NYSE – SPRQ).

Get the hottest stocks to trade every day before the market opens 100% free. Click here now.

Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Spartan Acquisition Corp. II (“Spartan” or the “Company”) (NYSE:SPRQ) for possible breaches of fiduciary duty and other violations of federal and state law in connection with a merger agreement pursuant to which Spartan, a special purpose acquisition company, will combine with Sunlight Financial LLC (“Sunlight”), a premier U.S. residential solar financing platform, and result in Sunlight becoming a publicly-listed company. Under the terms of the agreement, Spartan shareholders will retain ownership of only 26% of the combined company.

The investigation concerns whether the Spartan Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including the dilution of ownership interest in the combined company.

A sum of 17674912 shares traded at recent session while its average daily volume was at 351.12K shares. Spartan Acquisition Corp. II shares reached a high of $16.66 and dropped to a low of $13.60 until finishing in the latest session at $14.33.

Guru’s Opinion on Spartan Acquisition Corp. II [SPRQ]:

The Average True Range (ATR) for Spartan Acquisition Corp. II is set at 1.36

SPRQ Stock Performance Analysis:

Spartan Acquisition Corp. II [SPRQ] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 28.98.

Insight into Spartan Acquisition Corp. II Fundamentals:

Get the hottest stocks to trade every day before the market opens 100% free. Click here now.

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on skype
Skype
Share on reddit
Reddit

Leave a Comment

Your email address will not be published. Required fields are marked *

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

100% free. stop anytime no spam

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

100% free. stop anytime no spam