GRAB; GRABW Deadline Alert: Bronstein, Gewirtz & Grossman, LLC Reminds Grab Holdings Limited Investors of Class Action and Lead Plaintiff Deadline: May 16, 2022

Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Grab Holdings Limited (โ€œGrabโ€ or the โ€œCompanyโ€) (NASDAQ: GRAB, GRABW) on behalf of purchasers of Grab securities between August 2, 2021, and March 3, 2022, both dates inclusive (the โ€œClass Periodโ€). Such investors are encouraged to join this case by visiting the firmโ€™s site: www.bgandg.com/grab.

This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.

The complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Companyโ€™s business, operations, and compliance policies, and made false and/or misleading statements and/or failed to disclose that: (1) Grabโ€™s driver supply declined during the third quarter; (2) as a result, Grab continued to invest heavily in driver and consumer incentives to โ€œpreemptively recalibrate driver supplyโ€; (3) as a result, the Companyโ€™s financial results would be adversely impacted, including, among other things, a significant decline in revenue; and (4) as a result of the foregoing, Defendantsโ€™ positive statements about the Companyโ€™s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firmโ€™s site: www.bgandg.com/grab or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in Celsius you have until May 16, 2022, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firmโ€™s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts

Bronstein, Gewirtz & Grossman, LLC

Peretz Bronstein or Yael Nathanson

212-697-6484 | info@bgandg.com

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