San Diego, CA -- (SBWIRE) -- 01/24/2023 -- An investigation was announced over potential securities laws violations by Otonomo Technologies Ltd. f.k.a. Software Acquisition Group Inc. II.

Investors who purchased shares of Otonomo Technologies Ltd. (NASDAQ: OTMO), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on whether a series of statements by Otonomo Technologies Ltd. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Israel based Otonomo Technologies Ltd. provides an automotive data service platform and marketplace that enables car manufacturers, drivers, and service providers to be part of a connected ecosystem. On August 13, 2021: Otonomo Technologies Ltd. and Software Acquisition Group Inc. II (Nasdaq: SAII) announced the completion of their business combination.

Shares of Otonomo Technologies Ltd. (NASDAQ: OTMO) declined to as low as $0.20 per share on October 13, 2022.

Those who purchased shares of Otonomo Technologies Ltd. (NASDAQ: OTMO) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About The Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.