I've never seen the DTCC approve two RS in a year, but I've seen the DTCC turn down companies many times for trying a 2nd RS too soon.
Additionally, I was in $PNPL before and after their RS a few months ago. My cost basis was something like $1.30 and it ran to $42.00 a couple of weeks ago. An RS isn't always a bad thing.
Especially under these circumstances where a company changes their name and operations, then starts paying off toxic notes.