BTCS Inc (BTCS)

[towerclimber92]

The merger is subject to execution of a definitive agreement, due diligence by each party and our approval of BCG’s US GAAP audit upon delivery. Although we submitted a definitive agreement in October to BCG, we did not receive comments until November 21 st . Further, BCG has not delivered documents necessary to complete due diligence. Ninety-one days following closing all existing anti-dilution and price protection provisions of our securities will expire. There can be no assurances that the closing conditions including our approval of the audit and preparation and execution of a definition agreement will occur.