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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: NRx Pharmaceuticals Inc. is under investigation by Levi & Korsinsky, LLP regarding the fairness of its 2021 de-SPAC merger. The inquiry follows a noticeable decline in NRXP stock shortly after the merger's completion. The firm is scrutinizing whether the transaction harmed shareholders and if all relevant facts were disclosed to them. Investors who purchased stock prior to May 24, 2021, are encouraged to learn more about their rights in this matter.

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CONCERNS & RISKS

  • Investigation into the fairness of NRXP's 2021 de-SPAC merger raises concerns.
  • NRXP stock began to decline shortly after the merger was completed.
  • Investors may have been harmed if material facts were not properly disclosed.

Full Press Release Details

NEW YORK, July 18, 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 NRXP de-SPAC merger investigation about?

The investigation assesses if NRXP's 2021 de-SPAC merger harmed stockholders unfairly.

Who is conducting the investigation into NRXP?

Levi & Korsinsky, LLP is leading the investigation into NRXP's de-SPAC merger.

How can NRXP stockholders learn about their rights?

Stockholders can visit the provided website or contact Joseph E. Levi, Esq. for details.

Is there a cost to participate in the investigation?

There is no cost or obligation for stockholders to join the investigation.

Where is Levi & Korsinsky, LLP located?

The firm has offices in New York, Connecticut, California, and Washington, D.C.

Last updated: Jul 18, 2023