We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Novus Capital Corporation (“NOVS” or the “Company”) (NASDAQ: NOVS) in connection with the Company’s proposed merger with AppHarvest, Inc (“AppHarvest”), a privately-held company.  Under the terms of the merger agreement, NOVS will fold into AppHarvest and cease to exist, resulting in one publicly-traded entity traded under a new ticker symbol on the NASDAQ.  The transaction implies an equity value of $1.00 billion for AppHarvest on a pro forma basis.

WeissLaw is investigating whether NOVS’s board acted in the best interest of NOVS’s public shareholders in agreeing to the proposed transaction, whether the board was fully informed as to the valuation of AppHarvest, whether the deal’s equity split is fair to NOVS shareholders, and whether all information regarding the valuation of the transaction will be fully and fairly disclosed.\n\nWeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties.  We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases.  If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at [email protected]