It would be converted into shares of the ACQUIRED company.
Yes...there could be a three way merger, but UNGS is worthless and brings nothing to the table, not even as a trading company as the other shell would have that.
No matter how Wayne twists it though, it is jjust a scam.
Whooo Hoooo! Mo Divvy, Mo Divvy, Mo Divvy. Wayne keeps firing away With Factual Filings, Deal After Deal Day after Day pretty soon he is bound to knock one out of the park. Yes UNGS acquires and spins off AMDAQ to UNGS shareholders.
Now UNGS files this December 8, 2017, the Company's Board of Directors approved a change into the method of taking AMDAQ Corp public. Management has elected to take AMDAQ Corp public through a reverse merger or to be acquired as a wholly owned subsidiary of a blockchain technology company.