HighCape Stockholder Settlement

What happened

Shareholders of HighCape Capital Acquisition Corp. filed a class action lawsuit against HighCape Capital, LP and related defendants alleging misconduct. The defendants deny all claims and allegations of wrongdoing. The parties have agreed to settle for $7,600,000 in cash, pending court approval.

Do you qualify?

All record and beneficial holders of HighCape Capital Acquisition Corp. Class A common stock between May 10, 2021, and June 10, 2021, including their successors-in-interest who obtained shares by operation of law. Excluded are defendants, their immediate family members, affiliated entities, and their legal representatives who held shares during the class period.

What you can claim

Read from the official settlement notice. Confirm the terms that apply to you on the administrator's site before filing.

• Base amount per unredeemed share

  $0.10 each

  All Class members who held shares as of June 7, 2021 that could have been but were not redeemed receive a base amount of $0.10 per share.

• Fixed loss recovery for held shares

  $8.14 each

  Class members who held converted New QSI shares through May 16, 2024 receive compensation based on the stock price decline from the $10.00 redemption price to the May 16, 2024 closing price.

Who is in the class

All record and beneficial holders of HighCape Class A Common Stock who held such shares during the Class Period, including their successors-in-interest who obtained shares by operation of law, but excluding: (i) Defendants and the members of the Individual Defendants' immediate families; (ii) any Person, firm, trust, corporation, or any entity related to or affiliated with any of the foregoing individuals or entities, or in which any of the foregoing individuals or entities has a controlling interest; (iii) the legal representatives, heirs, successors, or assignees of any such Excluded Persons - in each case, only to the extent such Persons or entities held shares of HighCape Class A Common Stock during the Class Period; and (iv) any trusts, estates, entities, or accounts that held shares of HighCape Class A Common Stock for the benefit of any of the foregoing.

Quoted from the settlement notice.

How to file

Submit a Proof of Claim and Release form by May 7, 2026. The claim form can be obtained from this website or by contacting the Claims Administrator at 1-888-825-1232, info@HighCapeStockholderSettlement.com, or by mailing to HighCape Stockholder Settlement, c/o JND Legal Administration, P.O. Box 91220, Seattle, WA 98111. Payments will be made only after court approval, resolution of any appeals, and completion of claims processing.