WILMINGTON, Del., Dec. 15, 2020 (GLOBE NEWSWIRE) -- Rigrodsky & Long, P.A. announces that it is investigating GigCapital3, Inc. (“GigCapital3”) (NYSE: GIK) regarding possible breaches of fiduciary duties and other violations of law related to GigCapital3’s agreement to merge with Lightning Systems, Inc. (“Lightning Systems”). Under the terms of the agreement, GigCapital3 will issue a number of shares of GigCapital3 common stock to stockholders of Lightning Systems. Upon the closing of the merger, stockholders of Lightning Systems will own approximately 66% of the outstanding shares of the combined company.
To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-gigcapital3-inc.
You may contact Seth D. Rigrodsky or Gina M. Serra cost and obligation free at (888) 969-4242 or info@rl-legal.com.
Rigrodsky & Long, P.A., with offices in Delaware and New York, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in securities fraud and corporate class actions nationwide.
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