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Wednesday, May 10, 2023 5:50:17 AM
I would assume Isiah would want a non-cash transition here. It seems like a reverse merger would be an option but that is usually done technically as an acquisition where preferred shares are issued for the acquired company giving it a majority in the process.
The only thing about this option would be that OWPC would still face all the uplisting challenges and processes.
If it is Isiah International that Thomas wants to bring public as well as bring it to a higher exchange it is going to have to be done through some type of consolidation prior to an IPO or a SPAC-type deal.
With the legal team, they are using, Clear Think Capital, and Terry Buffalo on contract it is probably going to be more complex than a standard RM.
Recent OWPC News
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 07/05/2024 09:31:57 PM
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