Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against GigaCloud Technology Inc. (GCT)
In August 2022, GigaCloud conducted its IPO, selling 3,381,000 Class A ordinary shares at $12.25 per share, receiving net proceeds of approximately $34.2 million.
- In August 2022, GigaCloud conducted its IPO, selling 3,381,000 Class A ordinary shares at $12.25 per share, receiving net proceeds of approximately $34.2 million.
- On September 28, 2023, before the market opened, Culper Research published a report alleging “numerous glaring flaws” in GigaCloud’s public reporting.
- If you purchased or otherwise acquired GigaCloud securities, you may move the Court no later than December 4, 2023 to request appointment as lead plaintiff in this putative class action lawsuit.
- To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.