I don’t think that’s really correct. They wouldn’t need to create a subsidiary to sell their assets, trtc would just sell them and the proceeds would be cash on Trtc’s books.
And even if they did create a subsidiary to sell them, it would still be wholly owned by trtc and it’s shareholders, so the cash would still go back on their books.
It sounded like there would be a special dividend or something along those lines to return the cash to shareholders.
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