Zeons Corporation (ZEON)

[king oil]

I'm not sure if the calculation is right

I think the USSE and ONYI prices have to change until USSE price is 1.3 times that of ONYI.

Let's call the new company symbol COMBO

if you want 1 share of COMBO, you can buy 1 share of ONYI, or .77 shares of USSE. If you buy 1 share of USSE, you will get 1.3 shares of COMBO, so USSE shares should cost more than ONYI shares.

for example, if ONYI trades at 50 cents, USSE should trade at 1.3(50) = 65 cents. Since we don't know the value of COMBO, there's no way of knowing what USSE or ONYI should trade at today. If we take the recent PR's as a guide, then COMBO should trade at $12 per share. That means that ONYI should trade at $12.00 (since 1 ONYI = 1 COMBO) and USSE should trade at $15.60 (since 1 USSE = 1.3 COMBO).