SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Regarding Whether the Merger of Monocle Acquisition Corporation with AerSale Corp. is Fair to MNCL Shareholders

NEW YORK, NY / ACCESSWIRE / December 10, 2019 / The following statement is being issued by Levi & Korsinsky, LLP:

To: All Persons or Entities who purchased Monocle Acquisition Corporation ("Moncocle" or the "Company") (NASDAQ:MNCL) stock prior to December 9, 2019.

You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the merger of Monocle with AerSale Corp. ("AerSale"). When Monocle and AerSale merge, the combined company will be named AerSale Corporation and will be publicly traded on the Nasdaq Stock Market. Following the merger, AerSale owners Leonard Green & Partners, Florida Growth Fund and members of AerSale's management team will hold a 42% stake in the combined company. Public stockholders, including the founders of MNCL, will hold the remaining shares of the combined company. To learn more about the action and your rights, go to:

https://www.zlk.com/mna/monocle-acquisition-corporation

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. There is no cost or obligation to you.

The Monocle merger investigation concerns whether the Board of Monocle breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction and whether the merger with AerSale undervalues Monocle shares, thus unlawfully harming Monocle shareholders.

Levi & Korsinsky is a national firm with offices in New York, Connecticut, California, and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP

ReleaseID: 569735