I just started looking into this recently, I would not be totally shocked to find out this merger has gone tits up, I really don't think you'd let your filings go delinquent, if you were anywhere close to getting a deal done, as there is almost no way FINRA would approve it.
Instead, I'm wondering what the chances are of Bithumb going public through their JV US partner seriesOne instead...?? Would make a lot of sense, as they are experts on US securities regulation, and working on a security token exchange in the U.S. together....there are some things that could point in that direction IMO.
For some reason seriesOne mysteriously abandoned their IPO in late 2018, and instead, purchased a US shell company in May 2019, presumably to do a RM.
Bithumb has already publicly stated they were going to be shareholders in seriesOne when they went public. I'm just speculating, but what about a reverse triangular merger with those 3 entities...and Bithumb as the target company...??
Maybe wishful thinking...lol.
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