SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Arogo Capital Acquisition Corp. (Nasdaq – AOGO)

BALA CYNWYD – April 27, 2022 /Globe Newswire/ – Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of Arogo Capital Acquisition Corp. (“Arogo Capital” or the “Company”) (Nasdaq – AOGO) for possible breaches of fiduciary duty and other violations of federal and state law in connection with a merger agreement pursuant to which Arogo Capital, a special purpose acquisition company, will combine with EON Reality Inc., a virtual and augmented reality and knowledge metaverse company, and result in EON becoming a publicly-listed company. Under the terms of the agreement, Arogo Capital shareholders will see significant dilution in their ownership of the combined company.

The investigation concerns whether the Arogo Capital Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including the dilution of ownership interest in the combined company.

If you own shares of Arogo Capital stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman, Esquire at Brodsky & Smith, Two Bala Plaza, Suite 805, Bala Cynwyd, PA 19004, or call toll free 877-534-2590.

Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.