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Sept. 2, 2021, 12:39 p.m. EDT

MERGER ALERT - GNOG, and RFL: Levi & Korsinsky, LLP Reminds Investors of Investigations Concerning the Mergers of these Companies

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September 02, 2021 (ACCESSWIRE via COMTEX) -- NEW YORK, NY / ACCESSWIRE / September 2, 2021 / 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.

Golden Nugget Online Gaming, Inc. /zigman2/quotes/212688524/composite GNOG -5.42%

Merger Announcement: August 9, 2021Transaction Details:Under the terms of merger, Golden Nugget shareholders will receive a fixed ratio of 0.365 shares of newly issued DraftKings Class A common stock for each share of Golden Nugget owned. Upon completion of the merger, Golden Nugget shareholders will own only 7% of the combined company.

For details on the GNOG investigation or if you want more information about your rights as a shareholder, complete this brief submission form:

https://www.zlk.com/mna2/golden-nugget-online-gaming-inc-information-request-form

Rafael Holdings, Inc. /zigman2/quotes/206275218/composite RFL -7.99%

Agreement Announcement: August 16, 2021Transaction Details:Under the terms of the merger, Rafael Pharmaceuticals, Inc. shareholders will own approximately 48% of the combined company.

For details on the RFL investigation or if you want more information about your rights as a shareholder, complete this brief submission form:

https://www.zlk.com/mna2/rafael-holdings-inc-information-request-form

WHY LEVI & KORSINSKY: 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 U.S. and internationally. Founded by Joseph Levi and Eduard Korsinsky over 20 years ago, Levi & Korsinsky has achieved remarkable results, fighting for shareholders who have been wronged by corporations and winning cases worth hundreds of millions of dollars. Levi & Korsinsky was ranked in Institutional Shareholder Services' ("ISS") SCAS Top 50 Report for 7 years in a row as a top securities litigation firm in the United States. The SCAS Top 50 Report identifies the top plaintiffs' securities law firms in the country, and year after year, ISS has recognized Levi & Korsinsky as a leading firm in the area of securities class action litigation.

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, LLPJoseph E. Levi, Esq. jlevi@levikorsinsky.com 55 Broadway, 10th Floor New York, NY 10006Tel: (212) 363-7500Fax: (212) 363-7171 www.zlk.com

SOURCE: Levi & Korsinsky, LLP

View source version on accesswire.com: https://www.accesswire.com/662574/MERGER-ALERT--GNOG-and-RFL-Levi-Korsinsky-LLP-Reminds-Investors-of-Investigations-Concerning-the-Mergers-of-these-Companies

COMTEX_392642909/2457/2021-09-02T12:38:43

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Copyright 2021 ACCESSWIRE

/zigman2/quotes/212688524/composite
US : U.S.: Nasdaq
$ 6.98
-0.40 -5.42%
Volume: 797,198
Jan. 27, 2022 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$577.32 million
Rev. per Employee
$657,905
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/zigman2/quotes/206275218/composite
US : U.S.: NYSE
$ 3.57
-0.31 -7.99%
Volume: 170,247
Jan. 27, 2022 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$80.16 million
Rev. per Employee
$171,478
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