If you’ve been involved in an RM before, this is exactly how it goes down. There will not be any attorney letter. Next there will be a name and symbol change, then audited financials from Saean and then an S-1. Saean has announced they are moving their headquarters to the US, they have announced to their Korean shareholders that they will receive 10 shares of US Saean for every share of Korean Saean. Based on the fact that the officers of EMPM are now those of Saean, indicates the merger is well underway. These mergers are slow, but are often incredibly profitable to shareholders of the shell company.
Do not rely on my opinions when making investment decisions. They are only opinions and I am probably no smarter than you!