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space1230

11/12/23 9:57 PM

#8193 RE: trader59 #8191

Ok, that's about 5% generalization about going public and mergers. OK, draw some more negatives. You're not going to find any here with SONG

If this company was really "rolling in dough" and didn't need to sell stock to the public, why'd they merge into this shell? Companies don't go public just to be public, they go public to get access to the capital markets, sell stock for cash to invest in growing the business