Investor sues to block vote for Goldman SPAC's Mirion merger

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Indonesia Berita Berita

Investor sues to block vote for Goldman SPAC's Mirion merger
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A GS Acquisition Holdings Corp II investor has sued the Goldman Sachs-backed special purpose acquisition company to block a vote required to close its $2.6 billion merger with radiation detector maker Mirion Technologies Inc.

filed in Wilmington, Delaware, on Friday, SPAC investor Joel Newman accused the SPAC of violating Delaware law by calling for different shareholder classes to vote together on a share increase.

The lawsuit was filed as other blank-check firms have faced similar bids to block share increase votes. Newman’s attorneys, Donald Enright and Jordan Cafritz of Levi & Korsinsky, did not immediately respond to requests for comment on Friday. Neither did representatives for the Goldman SPAC or Mirion.in June that it had agreed to combine with Mirion.

As part of the deal, the blank check company is seeking shareholder approval to increase its Class A shares from 500 million to 2 billion, according to the complaint.

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