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NEW YORK , May 30, 2024 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in VinFast Auto Ltd. f/k/a Black Spade Acquisition Co. ("VinFast Auto" or the "Company") (NASDAQ: VFS) of a class action securities lawsuit.

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of VinFast Auto investors who were adversely affected by alleged securities fraud between August 15, 2023 and January 17, 2024 . Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/vinfast-auto-ltd-f-k-a-black-spade-acquisition-co-lawsuit-submission-form?prid=81934&wire=4 VFS investors may also contact Joseph E.



Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.

CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) VinFast lacked sufficient capital to execute its purported growth strategy; (ii) VinFast would be unable to meet its 2023 delivery targets; (iii) accordingly, VinFast had overstated the strength of its business model and operational capabilities, as well as its post- merger business and/or financial prospects; and (iv) as a result, the offering documents and defendants' public statements throughout the class period were materially false and/or misleading and failed to state information required to be stated therein. WHAT'S NEXT? If you suffered a loss in VinFast Auto during the relevant time frame, you have until June 11, 2024 to request that.

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