RedHawk Holdings Corp (fka SNDD)

[MNKD_RISE]

Yes, A reverse merger into a clean shell would let the private entity go public without ever having to revive SNDD itself. Existing SNDD holders could theoretically be rolled into the new shell through a share conversion, provided the structure allows it and they complete the required financials on the new entity—not on SNDD.


So yes, your description of how the mechanics work is spot-on.