Bergamo Acquisition Corp. (BGMO)

[Investman432]

The SEC moves slowly, so it could be years before a civil case is filed, or never. SEC already ran its investigation, which resulted in the two week trading suspension (the maximum allowed by statute) and triggering of onerous trading requirements that effectively bans BGMO from OTC Markets for good. This may be end of SEC actions, but more commonly the SEC persevere to ban HH and SP for life from involvement as an officer or director of a public company. From the SEC's point of view, HH/SP have run a campaign of false and misleading statements, flouting the forward looking statement safe harbor rules, failed to provide material information to investors, provided grossly false and unsubstantiated financial disclosures, exhibited gross negligence and willful misconduct in their management, etc. Therefore they are not competent to serve as officer/director of public company.

The SEC doesn't need to meet with BGMO, as they have already reached a final decision. The game is over.