SOHM Inc (SHMN)

[SLC-JD]

The non-operational thought is just a gut feeling, based largely on SHMN's cash reserves (or lack thereof) combined with their statement that this will be a cash (ie, no securities) transaction, and the fact that they have not disclosed closing on a financing instrument.

I would agree that it's not necessarily common to wait for EOY (and to be honest, I misspoke - the close date would be on or about 12/31, not 1/1 for tax/fins purposes), I've been party to more than one transaction that has indeed been structured to make a clean break at year's end. I think the driver there would be how entangled finances/books would be if they chose to move forward mid-year.