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Levi & Korsinsky, LLP has commenced an investigation into the fairness of the merger of Rosecliff Acquisition Corp I (“Rosecliff” or the “Company”) (NASDAQ: RCLF) with GT Gettaxi Limited (“Gett”). Under the terms of the merger, Rosecliff public shareholders will own only 22% of the combined company.
The Rosecliff merger investigation concerns whether the Board of Rosecliff 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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