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MERGER ALERT - SKYS, SBPH, and CNXM: Levi & Korsinsky, LLP Reminds Investors of Investigations Concerning the Mergers of these Companies

Tuesday, 11 August 2020 11:33 AM

Levi & Korsinsky, LLP

NEW YORK, NY / ACCESSWIRE / August 11, 2020 / The following statement is being issued by Levi & Korsinsky, LLP:

Levi & Korsinsky, LLP announces that investigations have commenced on behalf of shareholders of the following publicly-traded companies.

Sky Solar Holdings, Ltd. (NASDAQ:SKYS)
Transaction Details: Under the terms of the tender offer, holders of American Depository Shares ("ADS") of Sky Solar will receive $0.30 per ordinary share or $6.00 per ADS. Upon completion of the tender offer, if the affiliate of Sky Solar has acquired 90% ownership of the Company, then the affiliate will conduct a short-form merger to acquire the remaining shares of the Company. This tender offer is proceeding without the approval of a special committee of the company's board of directors, in part because the special committee has not received sufficient information to evaluate the tender offer.

To learn more about the SKYS investigation and your rights, go to:
https://www.zlk.com/mna2/sky-solar-holdings-ltd-information-request-form

Spring Bank Pharmaceuticals, Inc. (NASDAQ:SBPH)
Agreement Announcement: July 29, 2020
Transaction Details: "). Under the terms of the merger, Spring Bank will issue shares of common stock to the owners of F-Star, with current holders of Spring Bank common stock controlling approximately 39% of the combined company. Following the closing of the proposed merger, the combined company will be re-named F-Star Therapeutics, Inc., and trade under the ticker symbol "FSTX."

To learn more about the SBPH investigation and your rights, go to:
https://www.zlk.com/mna2/spring-bank-pharmaceuticals-inc-information-request-form

CNX Midstream Partners LP (NYSE:CNXM)
Merger Announcement: July 27, 2020
Transaction Details: Under the terms of the agreement, each outstanding common unit of CNX Midstream that CNX Resources does not already own will be converted into 0.88 shares of CNX Resources common stock.

To learn more about the CNXM investigation and your rights, go to:
https://www.zlk.com/mna2/cnx-midstream-partners-lp-information-request-form

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.
[email protected]
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP

Topic:
Mergers and Acquisitions
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