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Levi & Korsinsky, LLP has commenced an investigation into the fairness of the merger of EJF Acquisition Corp. (NASDAQ: EJFA) (“EJF Acquisition” of the “Company”) with Pagaya Technologies Ltd. (“Pagaya”). Under the terms of the merger, the combined company will be valued at an estimated enterprise value of approximately $8.5 billion at closing, Pagaya will become a publicly listed entity and trade under a new ticker symbol.
The EJF Acquisition merger investigation concerns whether the Board of EJF Acquisition has harmed stockholders by agreeing to enter into this transaction and whether all material facts have been properly disclosed to stockholders.
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