We are  investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Spartan Acquisition Corp. II (“SPRQ” or the “Company”) (NYSE: SPRQ) in connection with the Company’s proposed merger with Sunlight Financial LLC (“Sunlight”), a privately-held residential solar financing company.  Under the terms of the merger agreement, SPRQ will acquire Sunlight through a reverse merger that will result in Sunlight becoming a publicly listed company.  The transaction represents an implied pro forma equity valuation for Sunlight of approximately $1.3 billion.

WeissLaw LLP is investigating whether SPRQ’s board acted in the best interest of SPRQ’s public shareholders in agreeing to the proposed transaction, whether the board was fully informed as to the valuation of Sunlight, and whether all information regarding the process undertaken by the board and the valuation of the transaction will be fully and fairly disclosed to SPRQ public shareholders. WeissLaw 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 stockinfo@weisslawllp.com