1. Will SofPulse Be Public or Private?
Initial Status: SofPulse, Inc. will remain private at the time of acquisition completion.
Future Plans:
SofPulse intends to meet the regulatory requirements for a NASDAQ listing, suggesting that it plans to become a publicly traded company in the near future.
2. If SofPulse Is Going Public, Will They Have an IPO or Buy a Shell?
Likely Approach:
Based on the announcement, SofPulse plans to go public through a direct listing or IPO on NASDAQ. This process involves filing with the SEC and meeting NASDAQ's listing criteria.
There is no indication of using a reverse merger with a shell company, though it could remain an option if a direct listing proves challenging.
3. Would ENDV Shareholders Get Restricted SofPulse Shares? If Restricted, When/How Can They Sell?
Restricted Shares:
The shares issued to ENDV shareholders will likely be restricted, meaning they cannot be sold immediately upon receipt.
Restriction Period: Restricted shares typically have a lock-up period (commonly 6–12 months) during which they cannot be traded.
Selling Process:
After the restriction period expires, shareholders may need to comply with Rule 144 of the Securities Act to sell their shares, including filing appropriate documentation.
4. If ENDV Shareholders Get a Dividend... Where Will the New SofPulse Entity Get $40 Million?
Source of Funds:
Stock, Not Cash: The $40 million dividend will be issued in SofPulse restricted stock, not cash. SofPulse, Inc. is not required to have $40 million in cash on hand to fulfill this
commitment.
Capital Raise: SofPulse plans to raise up to $500,000 in a pre-money valuation of $10 million. Future funding rounds or operational revenue may support the valuation and company growth.
Valuation-Linked Payment:
If the updated third-party valuation exceeds $50 million, the additional amount will be paid through a senior note convertible into NASDAQ-listed marketable securities.
Market Data 
Markets 
AI
