I think it would be safe to say that you should refer to UNQT's future as a "reverse merger". That is, in executing this merger (and I do believe the merger prospect is real), I would think negotiations have to include a reduction in shares in the new company each UNQT holder would get.
Typically, a reverse merger is completed by a private company wishing to have a "quick" listing designation and willing to pay for acquiring an existing reasonably "clean" shell - to bypass the long and demanding process of applying for their own symbol designation.
UNQT is basically a shell company with a LOT of O/S which need to also be reduced to enable the new company to start with a lower A/S and O/S. Grandfathered in owners of UNQT shares will have their existing shares appropriately reduced while the pps in the new merged company will likewise increase proportionately.
The idea then is for the pps of the new shares in the new company to remain stable or even increase. This will occur IF the new company has substance AND (best) an existing history of profit.
All depends folks, all depends.