Very possible, depends what they plan to do here... are they merging in the whole business? Do they plan to R/S the ticker? Will they step into the market and buy free trading shares out of the float? There's a ton of unknowns. On the positive side, this PR from 1 year ago says 10M users, which is pretty interesting. "Mr. James Dang, CEO of Hahalolo USA, shared that the app had attracted nearly 10 million users within two years" https://www.globenewswire.com/news-release/2022/08/26/2505048/0/en/Hahalolo-App-leads-the-way-for-global-tourism-s-revival-after-Covid-19.html IDK how to evaluate something like that properly without knowing revenues and margins. I believe that facebook has 3B active users and market cap over 600B. This is a massive oversimplification but that equates to $200 in market cap per active user. If somehow this is a real deal merger and they're not planning on some kind of shady rugpull R/S scam then even with 7B A/s and just $50 market cap per user that's .07 per share which would be an insane run from trips. Unlikely but hey you never know.
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