Sounds like you're assuming Brito has already completed the conversion therefore the restructuring. If he has then Brito must inform the market within 10 business days as it would be a material event. Either through a filing or Press Release or both.
Failing disclosure inside 10 business days would risk locking horns with the SEC. Failure risks include tier downgrade, Rule 15c2-11 issues, or SEC scrutiny under antifraud rules (10b-5).
If Oscar Brito and William Gonyer are still converting shares with Stephen Hicks (every likelihood). Then why would you up the value of the share price when you didn't need too, or much less want too?
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