Aurora Acquisition Corp (AURC)

[ibreken]

The stock price of SGDM would collapse way before that. It wouldn't be the AURC shareholders that would cause the collapse. They wouldn't have shares to sell when the selling starts. You see, it will be a 'future looking' deal as it always is. Whether they use a buyout first and then change it to merger (which is usually what these types do) or whatever. Once it is known (as suggested here) if Star is indeed the buyer, it's SP will collapse all on it's own. You see, the market has dismissed AURC as a scam. We can argue the reasons left and right, but in the end the market has spoken. Whether you believe it or not when the market cap of a company is 20 million dollars and they claim to have 8 billion dollars in assets that means the market is saying it is a scam. Scam doesn't mean it isn't a real company, it just means the market thinks they are lying through their teeth with all the silly claims they make.
When another company with an already thought to be overbloated share price buys or merges with what the market perceives as a scam, many owners of the bloated company would sell their shares to get out while the gettings good. That plus the shorters will make it an ugly day, in my opinion.
No homework needed. Pretty simple logic. Overpriced company says it's buying or merging with perceived scam, market sells and shorts overpriced company, as now it is an overpriced company and owner/merged with perceived scam.