Monday, June 14, 2021 11:44:23 AM
Could they essentially spin off HeliosDx instead of Rushnet, Inc with a SEC Form 10 Spin-Off where they set the new capital structure, register with the SEC, and register with an exchange to trade with its new ticker, etc., and then all existing RSHN shareholders get a ratio of new Helios shares per share of RSHN. Such as 1 share for every 1,000. That would be how RSHN shareholders WIN. We would have the same structure and same company, but rshn shareholders will be the sole owners of the newly registered, low float stock.
I have been reading up on Spin-Offs. Lots of information out there to learn about some of the ways this could play out.
Curious to hear some others thoughts? This is truly a unique situation for a stock that has a massive following.
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