Market News / Story
Envoy Medical reaches dismissal in Delaware Chancery litigation with no payment required
·
Envoy Medical reached a dismissal agreement in its Delaware Court of Chancery litigation with Atlas Merchant Capital SPAC Fund I LP, with all claims dismissed with prejudice and no payment required. Key Highlights: Dismissal Agreement resolves litigation over Atlas’ alleged redemption rights from the Sept 2023 business combination. All of Atlas’ claims will be dismissed with prejudice, ending further proceedings in the Litigation. Neither Envoy Medical nor any other…