Asberry 22 Holdings Inc (ASHI)

[bernardsamuel]

White Lightning, I believe that while the deal will be announced on or around February 15, the execution of that deal will require a couple of months to effectuate, because there likely will need to be formal notification to VHUB shareholders of a stockholders meeting, plus proxies in favor of the transaction to be secured. So I don't think there'll be a symbol-change for some time.

At face value of the 8K, there won't be a symbol at all shortly after the transaction has been done, because PLY is an LLC and can't be publicly traded. After the asset acquisition, VHUB itself will be nothing but a load of cash, slightly reduced from the proceeds of the asset acquisition as some liabilities, like tax withholdings, will need to be paid off. That load of cash would be distributed to VHUB shareholders, and that would mark the end of VHUB.

However, we've been debating on this board for a few weeks, off and on, whether PLY will somehow go public using the remaining "shell" of VHUB once PLY has acquired VHUB's assets.

I may be wrong on lots of the stuff I've written above, as I'm much more of a theoretician on corporate finance than a practitioner. My career path was CFO of a nonprofit organization. Hopefully, others on this board will chime in with their views and expectations.