ASTS ALERT: Levi & Korsinsky, LLP Announces an Investigation into the Fairness of AST SpaceMobile Inc.'s De-SPAC Merger

PRNewswire 25-May-2023 9:00 AM

NEW YORK, May 25, 2023 /PRNewswire/ -- The following statement is being issued by Levi & Korsinsky, LLP:

To: All Persons or Entities who purchased AST SpaceMobile Inc.  (f/k/a New Providence Acquisition Corp.) ("ASTS" or the "Company") (NASDAQ:ASTS) stock prior to April 1, 2021 and still hold such stock.

You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of ASTS' 2021 de-SPAC merger.

 To learn more about the action and your rights, go to:
https://www.zlk.com/mna2/ast-spacemobile-inc-information-request-form

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. There is no cost or obligation to you.

The ASTS de-SPAC merger investigation concerns whether this transaction unfairly harmed stockholders and whether all material facts were properly disclosed to stockholders.

Levi & Korsinsky is a nationally recognized firm with offices in New York, Connecticut, California, and Washington, D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

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SOURCE Levi & Korsinsky, LLP