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Levi & Korsinsky, LLP has commenced an investigation into the fairness of the merger of Forum Merger III Corporation (“Forum Merger” or the “Company”) (NASDAQ: FIII) with Electric Last Mile, Inc. (“ELMS”). Upon closing of the transaction, the combined company will be named Electric Last Mile Solutions, Inc. and will continue to be listed on the Nasdaq Capital Market under the new ticker symbol, “ELMS.”
The Forum Merger merger investigation concerns whether the Board of Forum Merger 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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