Yes, that’s what they are known for, positive hints and fluff. Check the history of their “interim management” plays and reevaluate. This won’t end well.
(BTW, they are famous for “China” mergers that are hard to research and monitor).
Why do you think it will dip around end of June? I would think we would see some filings by June 30th to meet the September deadline. Reassuring investors confidence that they are trying to go through a merger.