Also. Spinola may have various contracts and licenses that make it difficult to acquire . They may be part of the subsidiary which allows these licensing and contracts to flow seamlessly into nasdaq entity. Maintaining existing contracts and licenses and how it’s acquired is a big part of the reverse merger triangle strategy
$HDUP we all have an opinion. Had Spinola been acquired by Parsec then as a Nasdaq listed entity they would have had to announce that.
It would also make HDUP guilty of posting about their integration with Spinola as a fraudulent statement.
I could be wrong but Spinola merges with HDUP along with all of the other entities that HDUP has announced and then they merge with PSXCU, with the surviving entity being HDUP Global.
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