VinFast Auto Ltd. f/k/a Black Spade Acquisition Co. Lawsuit Submission Form
Company: VinFast Auto Ltd. f/k/a Black Spade Acquisition Co.
Ticker: (NASDAQ) VFS
Deadline
Passed
Lead Plaintiff Deadline: June 11, 2024
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Allegations
The filed complaint alleges that VinFast Auto Ltd. f/k/a Black Spade Acquisition Co. made materially false and/or misleading statements and/or failed to disclose that: (i) VinFast lacked sufficient capital to execute its purported growth strategy; (ii) VinFast would be unable to meet its 2023 delivery targets; (iii) accordingly, VinFast had overstated the strength of its business model and operational capabilities, as well as its post- merger business and/or financial prospects; and (iv) as a result, the offering documents and defendants’ public statements throughout the class period were materially false and/or misleading and failed to state information required to be stated therein.