Rumark, the mechanics of the acquisition are likely to be a bit different than that. Instead, FPVD will issue new shares (already authorized) to the target company as consideration thereby diluting all existing shareholders (including SRAX, us and others). That dilution, itself, will push SRAX below 50%. At the same time, I'd expect there also to be:
(a) a reverse split and/or shares retired;
(b) announcement of mid and long term vision and strategy to build BigT as leading data marketplace powered by and on the blockchain (i.e., their original whitepaper vision).
I still don't know what happened with Lou in all of this and still believe there's a nonzero chance that the acquisition is not blockchain centric and more of a pure ad tech platform play. The reason being that Lou always billed BigT as an ad tech and data company transforming to a blockchain and crypto centric company, but when he was terminated, the first and subsequent comments from Stella were about "returning to BigT's original vision" of essentially driving high ROI on ad spend. I'd be quite disappointed if that's the case.
Looking back at SRAX's history and Miglino's talks on BigT over the years, I watched how patient and methodical they've been, I still lean heavily towards blockchain play. But given Sequire's enormous growth, it's also possible Miglino just wants it off the books and is less interested/involved in the original moonshot vision with BigT.
