DS I don't see a sense of urgency here to get to a merger. They could have gone much faster to amend and get up to date. The ECOS financials are not all that hard to get right.
I have never believed that LRS needs to be public to achieve their goals. I also don't think GS and Maple Partners invested as part of a going public merger as both of their principal investment thesis are aimed at private companies. The investment by GS is not thru GS the Investment Bank but thru their quasi PE arm which invests in smaller public companies.
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