Bergamo Acquisition Corp. (BGMO)

[old man river]

I would beg to differ.

In a recent VSTA filing with the SEC they had raised some concerns over BGMO's ability to deliver the funds as contracted. An SEC filing ranks a lot higher on the accountability scale than a press release.

As for the retractions, every BGMO target company other than one has ever publicly repudiated the share purchase agreement that they executed.

There are many reasons why they would not say publicly that the deals with BGMO are dead. Possible reasons included:

- the implication that the target company management made an error signing on with BGMO
- praying that somehow and someday that BGMO would deliver (but never comes)
- by not announcing a dead deal with BGMO that they can try to shop around for a better deal (this one with cash)

In the VSTA case, they have reported to their shareholders and the SEC of their concerns with BGMO. This mitigates any reasonable level of recourse from shareholders and the SEC should BGMO not deliver.