That is incorrect - the 8k out reflecting the merger makes it clear in no uncertain terms that the OS via the 1:1 share exchange is now 30.5M shares. The float in this remains microscopic, so moves will be volatile, but the valuation is calculated using the entire OS.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.