U.S. markets closed

  • S&P Futures

    4,206.00
    -17.00 (-0.40%)
     

  • Dow Futures

    33,914.00
    -103.00 (-0.30%)
     

  • Nasdaq Futures

    13,897.50
    -83.75 (-0.60%)
     

  • Russell 2000 Futures

    2,298.70
    -11.40 (-0.49%)
     

  • Crude Oil

    71.61
    -0.54 (-0.75%)
     

  • Gold

    1,818.30
    -43.10 (-2.32%)
     

  • Silver

    27.21
    -0.60 (-2.16%)
     

  • EUR/USD

    1.1990
    -0.0010 (-0.08%)
     

  • 10-Yr Bond

    1.5690
    +0.0700 (+4.67%)
     

  • Vix

    18.15
    +1.13 (+6.64%)
     

  • GBP/USD

    1.3976
    -0.0010 (-0.07%)
     

  • USD/JPY

    110.8000
    +0.1870 (+0.17%)
     

  • BTC-USD

    38,572.85
    -1,541.70 (-3.84%)
     

  • CMC Crypto 200

    955.26
    -37.21 (-3.75%)
     

  • FTSE 100

    7,184.95
    +12.47 (+0.17%)
     

  • Nikkei 225

    29,291.01
    0.00 (0.00%)
     

SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Decarbonization Plus Acquisition Corporation III (NASDAQ:DCRC)

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
·2 min read
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

BALA CYNWYD, PA / ACCESSWIRE / June 16, 2021 / Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of Decarbonization Plus Acquisition Corporation III (“Decarbonization III” or the “Company”) (NASDAQ:DCRC) for possible breaches of fiduciary duty and other violations of federal and state law in connection with a merger agreement pursuant to which Decarbonization III, a special purpose acquisition company, will combine with Solid Power, Inc. (“Solid Power”), an industry-leading producer of all-solid-state batteries for electric vehicles, and result in Solid Power becoming a publicly-listed company. Under the terms of the agreement, Decarbonization III shareholders will retain ownership of only 19% of the combined company.

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

If you own shares of Decarbonization III stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman, Esquire at Brodsky & Smith, Two Bala Plaza, Suite 805, Bala Cynwyd, PA 19004, visit https://www.brodskysmith.com/cases/decarbonization-plus-acquisition-corporation-iii-nasdaq-dcrc/, or call toll free 855-576-4847.

Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.

SOURCE: Brodsky & Smith, LLC



View source version on accesswire.com:
https://www.accesswire.com/652051/SHAREHOLDER-NOTICE-Brodsky-Smith-Announces-an-Investigation-of-Decarbonization-Plus-Acquisition-Corporation-III-NASDAQDCRC

Recommended Stories

  • First Look: Solid Power, a Ford-Backed QuantumScape Rival, Will Go Public via SPAC

    Many investors have been overwhelmed by the number of SPAC deals in the electric-vehicle space over the last year, and some have soured on the space now that a couple of last year's darlings have turned out to be, well, less than they seemed. Colorado-based Solid Power, founded in 2012, is one of several companies working to develop so-called solid-state batteries, which omit the liquid electrolyte used in the lithium-ion batteries that power most electric vehicles today.

  • Nvidia’s Takeover of Arm Faces Regulatory Delay in Europe – Report

    Nvidia (NVDA) will likely not be able to meet its March 2022 deadline to complete its $40 billion acquisition of Arm Ltd., according to Reuters. Shares of the multinational technology company designing graphics processing units for the gaming, mobile computing, and automotive markets were down 1.3% to close at $711.54 on June 15. The delay is due to European regulators’ unwillingness to look into the deal before the end of the summer holidays. The deal was first announced last year and led to an

  • Lumber Prices Are Falling Fast, Turning Hoarders Into Sellers

    Prices have dropped from record highs spurred by the economic reopening, potentially pointing to an eventual return to normalcy.

  • The Trade Desk Stock Split Is Imminent; Here's What Investors Need to Know

    Shares of The Trade Desk (NASDAQ: TTD) are about to get a whole heck of a lot cheaper, but it isn't because the company is in any sort of trouble. In a press release announcing the move, management said that the "goal of the split is to make The Trade Desk stock more accessible to our employees and a broader base of investors." Since The Trade Desk debuted on Sept. 21, 2016, at $28.75 a share, the stock has been on fire, climbing to roughly $592 as of this writing, gaining a massive 1,959%.

  • What lumber and gold prices tell us about the stock market’s next move

    FA CENTER Lumber prices have experienced one of their biggest and quickest plunges in history— with the spot futures contract dropping more than $670, or 40%, in just 25 trading sessions. It’s human nature to try to find meaning in this, since the alternative is to accept that price changes this momentous are nothing more than merely random fluctuations.

  • Is Occidental Petroleum Corporation (OXY) A Good Stock To Buy?

    Is Occidental Petroleum Corporation (NYSE:OXY) a good place to invest some of your money right now? We can gain invaluable insight to help us answer that question by studying the investment trends of top investors, who employ world-class Ivy League graduates, who are given immense resources and industry contacts to put their financial expertise to […]

  • 2 Stocks That Are Flirting With a Bottom; Analysts Say ‘Buy’

    Every investor knows that the path toward profits lies in buying low and selling high. That’s a basic precept of any economic trading system. The trick, however, is recognizing when the stock is low enough to buy in. The prime moment to buy is when the stock hits bottom; that will maximize returns when the share price starts to rise again. Wall Street’s analyst corps know this, and they are not shying away from recommending stocks that may have hit bottom. Using TipRanks database, we pinpointed

  • Here’s Why Miller/Howard Investments Dumped its Verizon (VZ) Stake

    Miller/Howard Investments, an investment management firm, published its first quarter 2021 investor letter – a copy of which can be downloaded here. Miller/Howard’s Infrastructure Strategy remains well-positioned to capitalize on momentum toward value and income stocks. The strategy has a yield over twice that of the S&P 500 and is trading well-below the broader market’s […]

  • Cristiano Ronaldo just made Coca-Cola stock interesting

    Soccer great Cristiano Ronaldo sends a jolt to Coke's investors.

  • Stock market news live updates: Stock futures extend declines after Fed outlook signals rate hikes

    Stock futures opened lower Wednesday evening as investors contemplated the Federal Reserve's latest monetary policy decision and updated projections, which signaled a quicker path to higher interest rates than previously anticipated. Contracts on the S&P 500, Dow and Nasdaq added to earlier losses.

  • Torchlight Energy Is Rocketing Higher; Let’s Find Out Why?

    Shares of Torchlight Energy Resources (TRCH) surged 41.6% to close at $5.07 on June 15. Torchlight Energy is an oil and gas Exploration and Production (E&P) company with a market cap of approximately $950 million. Over the past month, the stock has skyrocketed over 135% and is up a whopping 1,107% over the past year. Reasons for the Spike in the Share Price Torchlight has been one of the most-mentioned stocks on StockTwits recently, and that enthusiasm among the traders appears to be sending its

  • 10 Best Tech Stocks to Buy According to Billionaire Julian Robertson

    In this article, we will take a look at the 10 best tech stocks to buy according to billionaire Julian Robertson. You can skip our detailed analysis of Robertson’s history, investment philosophy, and hedge fund performance, and go directly to 5 Best Tech Stocks to Buy According to Billionaire Julian Robertson. Julian Robertson is an American […]

  • Stocks post record run under Biden: Here’s what could happen next

    Stocks have tallied historic gains under Biden since Election Day thanks to massive stimulus and a booming economy. Here’s what could happen next.

  • Hertz Stock Is Rallying as Its Exit From Bankruptcy Nears. Here’s Why.

    (HTZGQ) shares have been rallying amid investor enthusiasm for the rental-car company ahead of its planned emergence from bankruptcy on June 30. Investors appear to be attracted to Hertz because of strong rental-car pricing, a discounted valuation relative to rival (CAR) (ticker: CAR), and expectations that the company will have greater financial and operational flexibility once it exits bankruptcy. Hertz shares (HTZGQ) rose 23 cents, or 3%, to $7.91 on Tuesday after hitting a new 52-week high of $8.89.

  • 10 Best Dividend Stocks to Buy According to Billionaire Richard Chilton

    In this article, we discuss the 10 best dividend stocks to buy according to billionaire Richard Chilton. If you want to skip our detailed analysis of Chilton’s history and hedge fund performance, go directly to the 5 Best Dividend Stocks to Buy Now According to billionaire Richard Chilton. Note that all hedge fund data is […]

  • 2 Great Reasons to Buy This Cancer Treatment Stock Now

    The S&P 500 is chugging along nicely with a 14% gain year to date, but stocks like Apple (NASDAQ: AAPL) and Amazon (NASDAQ: AMZN) -- both of which came out with mind-blowing revenue and earnings numbers earlier in the year -- have somehow failed to climb. Clovis Oncology (NASDAQ: CLVS) may fit that bill. As a biotech aimed at improving and saving lives, Clovis is focused on advancing the fight against cancer with treatments for patients across the U.S., Europe, and internationally.

  • Should You Keep Your Taiwan Semiconductor (TSM) Position?

    ClearBridge Investments, an investment management firm, published its “International Growth ACWI ex-US Strategy” first quarter 2021 investor letter – a copy of which can be downloaded here. The ClearBridge International Growth ACWI ex-US Strategy underperformed the benchmark MSCI ACWI ex-U.S. Index for the first quarter. The Strategy sustained losses across seven of the nine sectors […]

  • Why Citigroup Stock Is Down By 4% Today

    The stock made an attempt to settle below the $70 level.

  • Bionano: Breaking Down BTIG’s New Bullish Call

    Until recently, Bionano Genomics (BNGO) was a name flying under Wall Street’s radar. Yet, investors have taken a shine to the life sciences company in the past year and in tandem with some mighty share gains, there is a growing awareness that the company could be a force to be reckoned with in the field of cytogenetics. The latest analyst to present investors with the opportunity is BTIG’s Sung Ji Nam. “We believe BNGO is on the cusp of disrupting the cytogenetics testing market currently served

  • Biden just canceled hundreds of millions in student loan debt — do you qualify?

    His administration is giving relief to borrowers who brought claims against their school.