NEW YORK, April 28, 2023 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, PC, a nationally recognized shareholder rights law firm, is reminding investors that class action lawsuits can be filed on behalf of shareholders of BurgerFi International, Inc. BFI BFIIW))), Hesai group HSAIand Plug Power Inc. PLUG. Shareholders have until the deadlines below to petition the court to appear as lead plaintiffs. For more information on each case, see the link provided.

BurgerFi International, Inc. BFI BFIIW)))

Class Period: December 17, 2020 – November 15, 2022

Lead Plaintiff Deadline: June 5, 2023

BurgerFi previously operated as a blank check company, also referred to as a Special Purpose Acquisition Company (“SPAC”), which is a development-stage company operating for the purpose of entering into a merger, stock swap, asset acquisition, stock purchase, recapitalization , reorganization or other similar business transactions with one or more operating companies or entities.

On December 17, 2020, the Company announced that it had completed a business combination with BurgerFi International, LLC (“Legacy BurgerFi”), a Delaware private limited company known as “one of the fastest growing concepts for better burgers.” (the “Business Combination”). As a result of the business combination, the Company, among other things, acquired 100% of the membership interest in Legacy BurgerFi, resulting in Legacy BurgerFi becoming a wholly owned subsidiary of the Company, and the Company changed its name to “BurgerFi International, Inc.”

Post the business combination, the Company, along with its subsidiaries, owned and franchised fast casual and premium casual dining restaurants.

On November 4, 2021, the Company completed the acquisition of Anthony’s Coal Fired Pizza & Wings (“Anthony’s”) for $156.6 million (the “Anthony’s Acquisition”). Defendant Ophir Sternberg (“Sternberg”), the company’s Executive Chairman, hailed the acquisition of Anthony as “a significant…