Well it's all speculation at this point, no one knows 'exactly' except the insiders themselves, however, I can say two things with near 100% certainty.
A) it's HIGHLY risky, the SEC is suspending companies who are delinquent in their reporting, and who have not filed a Form 15(Notice of Termination of Registration) at a maddening pace right now.....it could literally be suspended at any given moment.
B) The Crypto Company is not going public through RM_RK and they do not need to merge into RM_RK......they are already a public company through CRCW.
It's blows my mind that folks can't grasp that, especially now it's actually trading....lol. I mean it was foolish enough when it wasn't trading, but now it's just absurd. Hell I bought shares of CRCW yesterday.
Once FINRA assigns your ticker symbol, your done, this is basically the last step in the going public process. You don't get a ticker unless a market maker has submitted a Form 211 on the your behalf to FINRA, after a ticker is assigned, and you receive a clearance letter from FINRA you can start trading.......of course you also need a shareholder who has obtained an opinion letter, has deposited their shares with a broker, and is willing to sell them as well, but the bottom-line is that CRCW is publicly tradeable.
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