Wait a second.....doesn't it take time for an S-1 to be filed....a lawyer has been retained...shares are trading but regardless it doesn't matter because during an SPO there is an offering price (see SPO) the underwriter guarantees. How do you know an underwriter hasn't been hired. If I were them I would have secured one beforehand and would now just be waiting for the filings to come through. I think all is well here.
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