Brad Gerstner, Altimeter Capital founder and CEO, joins 'Squawk Box' to discuss the latest market trends, what to make of the recent market turmoil, impact of policy uncertainty, President Trump's tariff policy, fate of Trump tax cuts, and more.

Brad Gerstner, Altimeter Capital founder and CEO, joins 'Squawk Box' to discuss the latest market trends, what to make of the recent market turmoil, impact  of policy uncertainty, President Trump's tariff policy, and more.

NEW YORK , Feb. 14, 2025 /PRNewswire/ --  Levi & Korsinsky, LLP and Pomerantz LLP announce that the United States District Court for the Southern District of New York has approved the following announcement of a proposed class action settlement that would benefit purchasers of Grab Holdings Limited securities (NASDAQ: GRAB) or Altimeter Growth Corp. securities (formerly NASDAQ: AGC): SUMMARY NOTICE OF PENDENCY OF CLASS ACTION, PROPOSED CLASS ACTION SETTLEMENT, FINAL APPROVAL HEARING, AND MOTION FOR ATTORNEYS' FEES AND EXPENSES To: All persons and entities who: (i) purchased or otherwise acquired public shares in Grab (including by way of exchange of Altimeter Growth Corp. ("AGC") shares) pursuant to or traceable to the proxy/registration statement that Grab filed with the SEC on Form F-4 on August 2, 2021, and that was thereafter amended on Forms F-4/A on September 13, 2021, October 18, 2021, November 12, 2021, November 17, 2021, and November 19, 2021, and incorporated into the final prospectus on Form 424(b)(3) filed on November 19, 2021, as amended (the "Proxy/Registration Statement"); (ii) who exchanged AGC shares for Grab Class A Ordinary Shares rather than redeeming the same pursuant to the Proxy/Registration Statement; or (iii) purchased or otherwise acquired public Grab Class A Ordinary Shares or other public Grab or AGC securities between August 2, 2021 and March 3, 2022, both dates inclusive. Excluded from the Settlement Class are: (a) Defendants and their immediate families; (b) current and former directors or officers of Grab or AGC; and (c) claims relating to the purchase or acquisition of Grab shares subject to a Lock-Up Agreement referenced in the Proxy/Registration Statement.

NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky, LLP and Pomerantz LLP announce that the United States District Court for the Southern District of New York has approved the following announcement of a proposed class action settlement that would benefit purchasers of Grab Holdings Limited securities (NASDAQ: GRAB) or Altimeter Growth Corp. securities (formerly NASDAQ: AGC): SUMMARY NOTICE OF PENDENCY OF CLASS ACTION, PROPOSED CLASS ACTION SETTLEMENT, FINAL APPROVAL HEARING, AND MOTION FOR ATTORN.

Shares of Grab Holdings tumbled on its first trading day on the Nasdaq, after completing the world's biggest ever merger involving a special purpose acquisition company, or SPAC.

Grab has seen its shares lose over a fifth of their value on its first day in trading in New York, per a Wall Street Journal (WSJ) report Thursday (Dec. 2). The ride-hailing and delivery company has been set back shortly after its merger with a special purpose acquisition company (SPAC).

Grab's Nasdaq debut Thursday (Dec. 2) is off to a bumpy start, with shares dropping throughout the day from the opening price of $13.06 each, hitting $9.37 at midday, the Associated Press (AP) reported. Singapore-based Grab is Southeast Asia's largest ride-haling company, according to the report.

After completing the richest deal yet for a special-purpose acquisition company, Grab Holdings Ltd. shares experienced an initial pop Thursday, their first day of trading in the U.S., but then slumped to a decline of more than 20%.

Grab, the Singapore-based ride-hailing giant swiftly growing its footprint as a super app, is making its U.S. debut on the Nasdaq exchange today (Dec. 2). And now, we might say, the hard part begins.

SoftBank-backed ride-hailing giant Grab began trading on the Nasdaq on Thursday, becoming the largest-ever company to close a SPAC merger and go public.