Nearly all reverse mergers into shells have reverse splits now, and a 1 for 2 is about as good as you can get. The situation your referencing is a dying company that has to reverse split to maintain a price, what is happening here is a completely different situation. A new company is entering the market via this shell, and the r/s is a product of the agreed upon percentage ownership of the shells insiders in the the new company.
Good luck with that entry point the day after the merger approval meeting.
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