PR Newswire | Dec 22, 2020 07:32PM EST

12/22 18:32 CST

SHAREHOLDER ALERT: WeissLaw LLP Investigates FinServ Acquisition Corp. NEW YORK, Dec. 22, 2020

NEW YORK, Dec. 22, 2020 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of FinServ Acquisition Corp. ("FinServ" or the "Company") (NASDAQ: FSRV) in connection with the Company's proposed merger with Katapult Holding, Inc. ("Katapult"), a privately-held e-commerce focused financial technology company. Under the terms of the merger agreement, FinServ will acquire Katapult through a reverse merger that will result in Katapult becoming a public company trading on the Nasdaq under the new ticker symbol "KPLT." The transaction reflects an implied pro forma enterprise value of approximately $1 billion for the combined company.

If you own FSRV shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:

https://www.weisslawllp.com/FSRV/

Or please contact: Joshua Rubin, Esq.WeissLaw LLP 1500 Broadway, 16th Floor New York, NY 10036 (212) 682-3025 (888) 593-4771stockinfo@weisslawllp.com

WeissLaw is investigating whether FinServ's board acted in the best interest of FinServ's public shareholders in agreeing to the proposed transaction, whether the board was fully informed as to the valuation of Katapult, and whether all information regarding the process undertaken by the board and the valuation of the transaction will be fully and fairly disclosed to FinServ 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

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SOURCE WeissLaw LLP