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NRXP ALERT: Levi & Korsinsky, LLP Announces an Investigation into the Fairness of NRx Pharmaceuticals Inc.'s De-SPAC Merger

Key Takeaway: Levi & Korsinsky, LLP has announced an investigation into the fairness of the 2021 de-SPAC merger involving NRx Pharmaceuticals Inc. (NRXP). The investigation aims to determine if any actions unfairly harmed stockholders and whether all material details were appropriately communicated during the merger process. Since the merger's completion, NRx stock has been on a downward trajectory, raising concerns among investors regarding the transaction's implications.

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CONCERNS & RISKS

  • The investigation implies potential wrongdoing in the merger process.
  • NRXP stock has been declining since shortly after the merger closed.
  • Concerns are raised about whether all material facts were disclosed to stockholders.

Full Press Release Details

NEW YORK, June 29, 2023 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:
To: All Persons or Entities who purchased NRx Pharmaceuticals Inc. (f/k/a Big Rock Partners Acquisition Corp.) ("NRXP" or the "Company") (NASDAQ: NRXP) stock prior to May 24, 2021 and still hold such stock.
You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of NRXP's 2021 de-SPAC merger. Shortly after the NRXP 2021 de-SPAC merger closed, NRXP stock began spiraling downwards.
To learn more about the action and your rights, go to:
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 NRXP 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.
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, Suite #427

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Frequently Asked Questions

What is the focus of Levi & Korsinsky's investigation?

The investigation focuses on the fairness of NRXP's 2021 de-SPAC merger.

Who should be concerned about this investigation?

All persons or entities that purchased NRXP stock before May 24, 2021, should be concerned.

How can I learn more about my rights regarding NRXP?

You can visit Levi & Korsinsky's website or contact Joseph E. Levi, Esq.

Is there any cost for contacting Levi & Korsinsky?

No, there is no cost or obligation to contact Levi & Korsinsky.

What does Levi & Korsinsky specialize in?

They specialize in securities litigation involving financial fraud.

Last updated: Jun 29, 2023