Spartan DeSpac $8 Million Securities Class Action Settlement
Public stockholders who held Spartan Acquisition Corp. II Class A common stock as of 5:00 PM EDT on July 6, 2021, either of record or beneficially, and who did not redeem all of their shares in connection with the merger with Sunlight Financial Holdings, LLC.
Public stockholders who held Spartan Acquisition Corp. II Class A common stock as of 5:00 PM EDT on July 6, 2021, either of record or beneficially, and who did not redeem all of their shares in connection with the merger with Sunlight Financial Holdings, LLC. Payout: Net Settlement Fund based on number of eligible shares held divided by total eligible shares. No proof of purchase is required to file. Checked against the official settlement source by SettleSignal on June 19, 2026.
Who may qualify
You self-certify the basics when you file — the settlement administrator makes the final eligibility decision.
Public stockholders who held Spartan Acquisition Corp. II Class A common stock as of 5:00 PM EDT on July 6, 2021, either of record or beneficially, and who did not redeem all of their shares in connection with the merger with Sunlight Financial Holdings, LLC.
This summary is based on available official settlement sources. The settlement administrator determines eligibility and payment approval.
New to the terms? Plain-English: claim deadline, proof of purchase, administrator, pro rata.
Proof requirements
Proof requirement is currently marked as No.
Review the official claim form before submitting any information.
Important dates
How hard is this claim to file?
Watch out for
- This is a non-opt-out class — you cannot exclude yourself from the settlement class.
- Payment amount varies per person based on your number of eligible shares relative to all eligible shares; there is no fixed per-person amount.
- Only shares held immediately after the Redemption Deadline that were NOT submitted for redemption qualify as Eligible Shares.
- Defendants are excluded from the class; immediate family members and entities in which defendants have a controlling interest are also excluded.
- Payment will only be issued after the court grants final approval and any appeals are resolved — timing is not guaranteed.
We prepare — you file on the official site yourself. This is not legal advice and is not an eligibility decision; the administrator and court decide.
How do I file a claim for this settlement?
No claim form is needed — Epiq Systems, Inc. (Spartan Stockholder Settlement) issues this refund automatically; confirm your eligibility and contact details on the official source.
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1Confirm you held Spartan Acquisition Corp. II Class A common stock as of the Redemption Deadline and did not redeem all of your shares in connection with the Merger.
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2Take no action to receive your payment — the Settlement Administrator will distribute funds directly to eligible class members without requiring a claim form.
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3If your shares were held in a brokerage account, expect the settlement payment to be deposited into that same account.
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4Contact the Settlement Administrator at info@SpartanDeSPACStockholderSettlement.com or call the listed number if you have questions about your eligibility or payment.
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5If you wish to object to the Settlement, submit a written objection by the deadline stated in the notice.
New to settlement claims? How to file safely → · Worried it might be fake? Run the 60-second legitimacy check →
When will I get paid?
- Claims open You are here
- Court approval
- Payments sent
- Distribution complete
Claims are still being accepted. Class-action payouts typically begin only after the claim deadline, final court approval, and any appeals.
Verify it yourself
How we verified this record
Optional, but it's the whole point — every field below traces to a named official source we re-check on a schedule.
- Payout details the official settlement website · Jun 19, 2026
- Eligibility the official settlement website · Jun 19, 2026
- Proof requirement the official settlement website · Jun 19, 2026
- Administrator the official settlement website · Jun 19, 2026
- Court case the official settlement website · Jun 19, 2026
- Payment status the official settlement website · Jun 19, 2026
- Claim deadline queued for re-check
- Official claim link queued for re-check
Every published record clears our source-verification bar; remaining fields are checked one by one on our weekly re-verification pass.
Cross-checked against 1 official source on file.
Checked fields are matched against a named official source and re-checked on a schedule. We show the authority and the date, never our internal evidence link.
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Eligibility summary
Public stockholders who held Spartan Acquisition Corp. II Class A common stock as of 5:00 PM EDT on July 6, 2021, either of record or beneficially, and who did not redeem all of their shares in connection with the merger with Sunlight Financial Holdings, LLC.
Verified Jun 19, 2026 · against the official settlement website
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Proof requirement
No
Verified Jun 19, 2026 · against the official settlement website
Eligible Class Members (defined in Paragraph 29 below) do not need to submit a claim form in order to receive a distribution from the Settlement, if approved by the Court.
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Payment status
Final approval pending
Verified Jun 19, 2026 · against the official settlement website
ATTEND A HEARING ON MAY 1, 2026, AT 11:00 A.M., AND FILE A NOTICE OF INTENTION TO APPEAR SO THAT IT IS RECEIVED NO LATER THAN APRIL 17, 2026.
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Estimated payout
Net Settlement Fund based on number of eligible shares held divided by total eligible shares.
Verified Jun 19, 2026 · against the official settlement website
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Administrator
Epiq Systems, Inc. (Spartan Stockholder Settlement)
Verified Jun 19, 2026 · against the official settlement website
Spartan Stockholder Settlement, c/o Epiq Systems, Inc., PO Box 2258, Portland, OR 97208-2258.
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Court
Court of Chancery of the State of Delaware
Verified Jun 19, 2026 · against the official settlement website
Show all 6 more verified fields
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Objection deadline
April 17, 2026
Verified Jun 19, 2026 · against the official settlement website
OBJECT TO THE SETTLEMENT BY SUBMITTING A WRITTEN OBJECTION SO THAT IT IS RECEIVED NO LATER THAN APRIL 17, 2026.
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Automatic refund
Yes — automatic, no claim needed
Verified Jun 19, 2026 · against the official settlement website
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Class period end
July 6, 2021
Verified Jun 19, 2026 · against the official settlement website
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Court case number
2023-0694-PAF
Verified Jun 19, 2026 · against the official settlement website
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No-claim explanation
Non-opt-out class settlement; payments distributed automatically to eligible shareholders via DTC Participants based on share ownership records.
Verified Jun 19, 2026 · against the official settlement website
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Case name
Timothy McCants, Laurențiu Ovidiu Cernahoschi, and Thomas Joseph v. Geoffrey Strong, et al.
Verified Jun 19, 2026 · against the official settlement website
Common questions
Is the Spartan DeSpac $8 Million Securities Class Action settlement legitimate?
Yes — the Spartan DeSpac $8 Million Securities Class Action settlement is a real claims process that SettleSignal tracks from its official source. It is administered by Epiq Systems, Inc. (Spartan Stockholder Settlement) under case 2023-0694-PAF in Court of Chancery of the State of Delaware. File only through the official settlement website (www.spartandespacstockholdersettlement.com); a genuine settlement administrator never charges a fee to file. SettleSignal last checked this record against the official source on June 19, 2026. Always confirm the current details on the official site before filing.
Who may qualify for this settlement?
Public stockholders who held Spartan Acquisition Corp. II Class A common stock as of 5:00 PM EDT on July 6, 2021, either of record or beneficially, and who did not redeem all of their shares in connection with the merger with Sunlight Financial Holdings, LLC.
How much can I get from the Spartan DeSpac $8 Million Securities Class Action settlement?
Net Settlement Fund based on number of eligible shares held divided by total eligible shares. The exact amount you may receive is decided by the settlement administrator based on your valid claim and is not guaranteed; a total settlement-fund figure is shared among all eligible claimants, not paid to each person.
Do I need proof to claim?
Proof requirement: No. The settlement administrator determines what documentation, if any, is required.
What is the current payment status?
Current payment status: Final approval pending. Payments are issued by the administrator after the court process concludes.
When will Spartan DeSpac $8 Million Securities Class Action Settlement pay out?
Current payment status: Final approval pending. Class-action payouts typically begin only after final approval and any appeals. See our payout timeline guide.
Where is the official Spartan DeSpac $8 Million Securities Class Action Settlement claim form?
No claim form is needed — Non-opt-out class settlement; payments distributed automatically to eligible shareholders via DTC Participants based on share ownership records. Never pay a fee to claim a settlement payment.
Where to act
When you are ready, you open the official claim form yourself. SettleSignal does not file claims or determine eligibility.
No claim needed — payment is automatic
If you qualify, the settlement pays you automatically. There's nothing to file — just keep an eye on your mail or account around the payment date.
Not ready to file today? Track it free — we'll remind you before the deadline, and keep your claim details in one place.
Listed on the official settlement website (Epiq Systems).
Status history
Every status and verification change we have recorded for this settlement, newest first. We log the date we made each change; we never publish the underlying evidence link.
- Settlement published after verification.
- Verified field details updated from an official source.
Disclaimer
SettleSignal summarizes publicly available settlement information and links to official settlement sources. We are not a law firm, do not provide legal advice, do not submit claims on your behalf, and do not determine eligibility or payout approval. You open the official claim form yourself. Only file a claim if the information you provide is accurate.