As I said, there probably weren't that many people holding shares when they bought the shell, and I'm sure they never expected to be discovered until they were ready to announce the r/m. When you buy a used ship, there will be a few barnacles compared to a brand new ship, hence one of the reasons for the discounted price compared to an IPO. I do wonder if part of the strategy is to scrape some of the barnacles off prior to launch, as they didn't count on so many additional barnacles latching on before their big reveal. That could explain the confusion and delays, imo.