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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of 36Kr Holdings Inc. - KRKR

Wednesday, 12 August 2020 11:10 PM

Pomerantz LLP

Topic:
Lawsuits

NEW YORK, NY / ACCESSWIRE / August 12, 2020 / Pomerantz LLP is investigating claims on behalf of investors of 36Kr Holdings Inc. ("36Kr" or the "Company") (NASDAQ:KRKR). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980.

The investigation concerns whether 36Kr and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

[Click here for information about joining the class action]

On November 8, 2019, 36Kr commenced its initial public offering ("IPO"), selling approximately 1.4 million American depositary shares ("ADSs") at $14.50 per ADS. In the months since the IPO, 36Kr's ADS price has closed as low as $3.21 per ADS, representing a decline of 77.86% from the offering price.

The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.

SOURCE: Pomerantz LLP

Topic:
Lawsuits
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