Saturday, December 21, 2024 2:30:31 PM
What is your thoughts on using this shell to go public with Phoenix Group. Personally I am trying to weigh the pros and cons. I think a SPAC is out the question. Therefore, would a direct listing be better or a reverse merger? I know they would have to dilute at least 40 million worth of shares with the shell but they wouldn’t have to jump on the Nasdaq and only sell the shares they currently own. Which would allow for more growth and control which they seem to feel very confident and committed that they will grow a lot in the next 5 years. And a firm commitment of 40 million worth of shares wouldn’t even be that much dilution. Not to mention that with timing seeming to be of importance here then a reverse merger would be much easier to manage rather than a traditional IPO. What do you think? I know it’s all speculation but understanding the dynamics at play, what makes more sense here knowing that they are now announcing a commitment to get on the Nasdaq and the changes this past week. Plus the shell seems to be very clean and well managed. After writing that I probably have an idea considering you position but hearing your thoughts would be nice.
Recent TCRI News
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 03/30/2026 03:14:32 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/05/2025 08:56:34 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/12/2025 02:07:41 PM
