Sunday, September 01, 2019 8:42:17 PM
A LOI is not a material agreement. Even “binding” ones are typically non-binding from a legal standpoint.
They would not have to file an 8K announcing the deal was off, if it was indeed off.
Case in point, their last deal. No 8K was filed announcing the deal was off. It was instead mentioned in passing weeks later in their 10Q
Recent PCTL News
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- Form 15-12G - Securities registration termination [Section 12(g)] • Edgar (US Regulatory) • 07/13/2023 04:32:57 PM
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