No they can’t. Section 13 and 15(d) of the Securities Exchange Act of 1934.
A “closing” is the last step in an acquistion. It starts with a binding LOI or Purchase Sales Agreement, both of which are “material definitive agreements” discussed under Item 1.01 for current report Form 8K.
And the company has filed NOTHING.
Understanding Securities Law can help avoid mistaken assumptions.
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