Wednesday, March 14, 2018 9:03:43 AM
it does require a registration at the new company but so do most mergers that file s-4s. it may not be attractive to small shareholders who want to keep their liquidity, but for large shareholders i would this it would be worth the wait for the higher price. the $0.78 deal allows a shareholder to pull out if the stock moves higher. and the deal allows a put for cash. why wouldn't everyone sign this if they are accredited? the company is now filing these form 4s. so I guess we will find out.
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