Read page 11. https://www.pwc.nl/nl/assets/documents/pwc-mergers-acquisitions.pdf They wouldn't want to let everyone know there's a merger, there are certain rules in place. The Monitor Report very clearly can't release that information and assets have been sold so why is it taking 2 more months? It can take a company from just a few weeks to up to four months to complete a reverse merger. By comparison, the IPO process can take anywhere from six to 12 months. That's why they cancelled the Share offering in February.