there is no mention of a share structure change as of right now
"The basic agreement outlines the two companies will merge all assets, and BioCentric Energy Holdings, the publicly traded company, will be the surviving entity, BioCentric's name will be changed to a mutually agreeable new name, along with the filing of SEC Form 10 registration document to become a reporting entity along with a Form 15c-211 filing to enable the company to emerge as a fully reporting Bulletin Board company.
looks like biocentric is going to uplist to good old way without a otc shell and preserving share structure. If anyone is privy to information that supports or denies this let me know.