Wednesday, May 01, 2024 2:11:22 PM
You then updated it to state:
Applying for a loan and receiving funds are separate events. Since they haven't closed any financing EVER, yes, I'm beginning to believe that it is designed to artificially prop up a share price that they know they cannot support and that the share price will collapse.
You also omit the following statements from your linked Stellantis PR:
So they don't have any purchase agreement with Stellantis "at all". They have an agreement to conduct due diligence and negotiate terms. Actual purchase agreements include terms of the agreement.
"There can be no assurance that any binding agreement will be entered into on the terms described herein or at all."
So Stellantis can just walk away if they choose. That isn't a purchase agreement.
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