Verb Technology Company Inc (VERB)

[Cynomus]

This is what the S-1 says

(We anticipate forming an acquisition subsidiary into which Sound Concepts will merge in accordance with the provisions of a three-party merger agreement among Sound Concepts, our acquisition subsidiary, and us.)


nFusz + Sound Concepts = acquisition subsidiary

acquisition company = a new company

new company = IPO to NASDAQ? :)

I think you might be misinterpreting it.
1. form an acquisition subsidiary. (New wholly owned subsidiary of FUSZ)
2. Sound Concepts will merge with this new subsidiary.
3. Since nFUSZ owns this subsidiary, Sound concepts will be a wholly owned subsidiary of FUSZ.
4. nFUSZ merges the subsidiary back into the nFUSZ as a single company.

At least that's how I read it. In your version you seem to loosing that a subsidiary must be own/controlled by a parent holding company.