Engel Law PLLC is investigating whether fair value to Broadmark shareholders will result from the proposed merger of Broadmark Realty Capital Inc. (NYSE:BRMK) with Ready Capital Corporation, in which Ready Capital will acquire all outstanding shares of Broadmark common stock for 0.47233 shares of Ready Capital for each Broadmark share.
The Firm’s investigation concerns:
(i) whether the Company’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction;
(ii) whether the merger consideration adequately compensates the Company’s shareholders; and
(iii) whether all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.