They have a year to perform the RS. They aren't required to do so. They can do it without announcement, but you will see it the evening before through FINRA and they will announce the day of. Shares will reduce by the ratio of the RS, 1 for 500 announced. It can take anywhere from next day to 19 days before receiving tradable shares, depends on broker, TA, etc...with the massively bloated OS and the fact that the majority of retail US brokers are sell only, IMO shares should take at least 4 trading days to be received by most. Given lifetime performance, IMO, the PPS will drop a minimum of 40% before shares are received by most and will likely print without hesitation until the next filing, due 3/30, with extension, around 4/14.
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