Kehoe Law Firm, P.C. is investigating whether certain executive officers or directors of Osprey Technology Acquisition Corp. (“Osprey”), now known as BlackSky Technology Inc. (“BlackSky Technology”) (NYSE: BKSY), breached their fiduciary duties of disclosure, candor, and requirements to act in good faith, and whether Osprey’s shareholders suffered damages as a result.
On September 8, 2021, Osprey shareholders of record, as of July 16, 2021, approved a merger between Osprey and BlackSky Technology. After the merger, BlackSky Technology announced that it missed the forecast in the merger proxy for full-year net profit by roughly $200 million. The stock price has declined by over 85% since the merger.
BLACKSKY TECHNOLOGY SHAREHOLDERS WHO HELD OSPREY STOCK ARE ENCOURAGED TO CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, [email protected], [email protected], TO DISCUSS THE BREACH OF FIDUCIARY DUTIES INVESTIGATION AND POTENTIAL LEGAL CLAIMS.