Although the box is checked that states are the sale of these shares for a merger or an acquisition and the box is checked NO... that does not mean that down the road the money cant be used for that but at this point in time its not specifically for that purpose.
Took this from the filing itself Section 10:
10. Business Combination Transaction
Is this offering being made in connection with a business combination transaction, such as a merger, acquisition or exchange offer? Yes X No Clarification of Response (if Necessary):
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