Who knows. However, with IPO regulations and the length of time to get all that approved by the SEC under the current environment I tend to disagree with you. This is why so many Chinese companies in the past have used reverse mergers to go public in the US. It all depends on how quickly they need to do it plus this would circumnavigate a lot of the SEC scrutiny. A statement about wanting to uplist soon is also another breadcrumb regarding this.
The thing also you’re missing Imho is the fact that this would not be about being traded on a public exchange or the US stock markets. It also has nothing to do with raising capital if it happened. The goal would be basically to have a US entity stamped on DJI with as little government and SEC scrutiny as possible as quickly as possible so they could continue to have access to US government contracts and revenue in some shape or form. However, I will admit it’s a longshot and we can agree there. But under the current environment considering how much of the market is in the government sector in the United States(which. DJI is poised to lose a massive amount of) I really do see an outside chance you could see a company like DJI at the very least take a minority interest through some maneuvering in a company like RedCat. The move would be with the sole purpose of using Redcat in someway as a vehicle to continue to sell to the government market here. This would be no different then what Chinese businesses overall have done to get around embargoes and bans for years in other industries and sectors. Jmho. GLTA
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