BTBD Shareholders Investigate Fairness of Merger with Aero Velocity Inc.

Wednesday, Sep 3, 2025 11:32 am ET2min read

Halper Sadeh LLC is investigating whether the merger of BT Brands, Inc. and Aero Velocity Inc. is fair to BT Brands shareholders. The firm is looking into whether the company and its board violated federal securities laws and breached fiduciary duties by failing to obtain the best possible consideration for shareholders and disclose all material information. Halper Sadeh may seek increased consideration, additional disclosures, or other relief for BT Brands shareholders.

Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of BT Brands, Inc. (NASDAQ: BTBD) and Aero Velocity Inc. is fair to BT Brands shareholders. The firm is looking into whether the company and its board violated federal securities laws and breached fiduciary duties by failing to obtain the best possible consideration for shareholders and disclose all material information.

The merger, announced on Wednesday, involves an all-stock transaction where Aero Velocity shareholders will hold approximately 89% of the combined company, while current BT Brands shareholders will retain about 11% on a fully diluted basis. The transaction also includes an equity contribution of $3 million to $5 million from Aero Velocity shareholders.

Halper Sadeh LLC encourages BT Brands shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether BT Brands and its board violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for BT Brands shareholders; and (2) disclose all material information necessary for BT Brands shareholders to adequately assess and value the merger consideration.

On behalf of BT Brands shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits. We would handle the action on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.

The merger, which received unanimous board approval from both companies, is expected to close in Q4 2025 or Q1 2026, pending shareholder and regulatory approvals. Aero Velocity operates under a Drones-as-a-Service model, offering aerial mapping, data collection, industrial inspections, and infrastructure cleaning. Its client base spans government agencies, corporations, and educational institutions in sectors such as agriculture, environmental monitoring, defense, and emergency response.

Mark Hastings, CEO of Aero Velocity, will assume leadership of the combined company after the merger closes. The combined company will be called Aero Velocity Inc. and will continue trading on the Nasdaq Capital Market.

The investigation by Halper Sadeh LLC is a reminder for investors to be vigilant and ensure their interests are protected in corporate transactions. The firm has a history of representing investors who have fallen victim to securities fraud and corporate misconduct, and has recovered millions of dollars on behalf of defrauded investors.

References:
- [1] https://investorshub.advfn.com/market-news/article/15664/bt-brands-shares-soar-following-merger-agreement-with-drone-technology-firm-aero-velocity
- [2] https://www.businesswire.com/news/home/20250903929556/en/BTBD-Stock-Alert-Halper-Sadeh-LLC-Is-Investigating-Whether-the-Merger-of-BT-Brands-Inc.-Is-Fair-to-Shareholders
- [3] https://finance.yahoo.com/news/bt-brands-stock-skyrockets-aero-142230340.html
- [4] https://seekingalpha.com/news/4491687-bt-brands-aero-velocity-to-merge-in-all-stock-deal

Comments



Add a public comment...
No comments

No comments yet