I dont’t know…. But I’m looking at the positive possibilities!
Both companies checking of all requirements to make the merger a success.
I can imagine from both sides, that requires more time than anticipated.
XTI will have many expectations, Xeriant is working on other deals.
So ‘valuation’ of both entities may possibly be something that could take a while in negociations.
XTI will not merge ‘for free’, Xeriant will not want to pay ‘too much’ for XTI.
XTI will want guanrantees that Xeriant will be able to bring the Trifan to the market.
So enough to negociate about which could take time.
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