According to the Complaint, GigCapital3, Inc. is a special purpose acquisition company formed for the purpose of effecting a merger, stock exchange, acquisition, reorganization or similar business combination with one or more businesses.
Recent Security Class Actions
According to the Complaint, Clover Health Investments, Corp. purports to be a Medicare Advantage insurer that uses its software platform, the Clover Assistant, to provide America’s seniors with PPO and HMO insurance plans. On January 7, 2021, Clover merged with SPAC Social Capital Hedosophia Holdings Corp. III and began to trade under the symbol CLOV on NASDAQ. On February 4, 2021, Hindenburg Research issued a report stating that prior to the merger, Clover has been under active investigation by the U.S. Department of Justice for issues ranging from kickbacks to marketing practices to undisclosed third-party deals.
According to the Complaint, Tyson Foods, Inc. is purportedly the largest U.S. producer of processed chicken, beef, pork, and protein-based products.
According to the Complaint, S&P Global Inc. provides credit ratings, benchmarks and analytics in the global capital and commodity markets, offering ESG solutions, deep data and insights on critical business factors.
According to the Complaint, iRhythm Technologies, Inc. is a digital healthcare company that seeks to "redefin[e] the way cardiac arrythmias are clinically diagnosed by combining [the Company's] wearable biosensing technology with cloud-based data analytics and deep-learning capabilities." iRhythm offers a portfolio of ambulatory cardiac monitoring services on its platform, called the Zio service.
According to the Complaint, Aerojet Rocketdyne Holdings, Inc. is a world recognized aerospace and defense leader that provides propulsion systems and energetics to the space, missile defense and strategic systems, and tactical systems areas, in support of domestic and international customers.
According to the Complaint, NTN Buzztime, Inc. delivers interactive entertainment and innovative technology that helps its customers acquire, engage and retain patrons.
According to the Complaint, Exxon Mobil Corporation explores for and produces crude oil and natural gas in the U.S. and abroad. One of the Company’s most important oil and gas properties is in the Permian Basin, which is currently the highest-producing oil field in the U.S. In 2017, the Company acquired acreage in the Permian Basin, in an area called the Delaware Basin, for $6.6 billion.
According to the Complaint, Astrazeneca PLC is a multinational biopharmaceutical company and was one of the early front-runners in the race to develop a COVID-19 vaccine. In April 2020, the Company partnered with Oxford University to develop a potential recombinant adenovirus vaccine for the virus, later dubbed AZD1222.
According to the Complaint, Voyager Therapeutics, Inc. is a clinical-stage gene therapy company focused on the development of treatments for patients suffering from severe neurological diseases. Included in the Company’s preclinical programs is VY-HTT01 for Huntington’s Disease.
