Yes it is isn't it
Takes a lot of time to digest everything in that filing, masses amount of data.
None of which can be deciphered in a way that shows a run before a split. After that massive split, then they'll need to start converting to get paid, before any appeal is made. So it looks not too far off for this thing to do 'something', then 'something' else.
Disclaimer: Everything I post is opinion and is not to be taken as investment advice. You make your own decisions based on your own judgement. Do your own DD = 'Due Diligence' = Your trade, Your responsibility.