Yes. How soon hard to exactly say. From their PR they used the phrase "and expects a merger to be completed in the near future". From my calculations the S8 that was out for 100M shares has likely had about 70M eaten up. This too is a very positive thing that should not be underestimated. Shares are on sale today due to the S8. Once they are gone the price will rise rapidly. What could cause them to "be done"? Buying from more progress with the merger. Just like the LOI appeared out of the blue conclusion of the LOI could hit equally as quick. Then the remaining S8 shares go poof, and the price moves upward due to increased demand and lack of S8 shares to fulfill buys.
Before you criticize a man, walk a mile in his shoes. That way, if he gets angry, he's a mile away and barefoot.
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