Mar. 10 at 3:46 PM
$AEVA has agreed to settle with investors over claims that it misled them during its March 2021 merger with InterPrivate Acquisition Corp.
Who's eligible?
Anyone who purchased
$AEVA shares between March 9, 2021 and March 7, 2024.
Do I need to sell my shares to qualify?
No — you are eligible whether you sold your shares or still hold them.
How much is the payout?
The payout per share is
$0.03 — but normally only ~25% of eligible investors file, the effective payout could increase to
$0.12.
Can I still file?
Yes — claims are currently being accepted.
When do payouts happen?
Typically within 8–12 months after court approval of the settlement.
To file your claim: https://11th.com/cases/aeva-investor-settlement