What a mess. I think they can move these shares into the other stock. Don’t they still have that other ticker? They prob wouldn’t move them at the same SS. Could be a quite a hair cut. But years from now if it happens at all and after the lockout time has passed and people know all the old shareholders will dump on day 1 so they dump before everyone then people here will be happy to get whatever they can out. It’ll feel like free money at that point.
But if they did move the shares into that other one wouldn’t the debt follow? Maybe it’s more lucrative to start leave that other ticker free of FKA PNTV baggage? IDK
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