The details are not very clear yet, but from what I have been able to put together, it appears they could be merging with a pubco affiliated with Trent Daniel who will be the CEO of the pubco.
Trent posted this on Twitter a few days ago: "In the near future, I will accept CEO position at public company, ****. As CEO, I will work with S. Torres on an equity, tech, funding, and expansion partnership w/ TONR!"
Hopefully soon they can share all details with investors.
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