Patient Access Solutions Inc (PASO)

[Stock Farmer]

Most likely the company name and ticker symbol will change to better reflect the company merging into PASO (CLXHealth). A company Name change will first show up as a name change with the SOS and a form has to be sent to FINRA because it’s a corporate action. Corporate Actions include mergers, company name changes, ticker symbol changes, dividends among several other things. There should be a new CUSIP number issued as well.

When a RM completes there should be a super 8K or a 8K at the very least. When the Company name change and ticker change take effect, the old PASO shares will need to be vacated and replaced by the new shares (CLXH or whatever the new ticker symbol is). This is done by the Depository Trust Company (DTC). Imagine a store employee replacing an expired gallon of milk with a new gallon.

You will not need to exchange your shares yourself. This is done automatically. Sometimes there can be some issues with buying/selling shares during a ticker change, but everything is usually resolved in a few hours or By the next trading day.

They could stick with PASO since it is still somewhat apropos, but I would think that the BOD elects to change the company name and ticker symbol.

A new CUSIP number and a company name change with the SOS will be the first hints we will likely see.