$FMCI News possibly merger for 4th of july weekend.. has someone heard this? Please confirm. People where talking about it on whatsaap private investment group..
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@dmess20 @omid26 I could be wrong but my recollection was June 11th or 12th when the announcement was made public. I believe that starts the clock. This is just my understanding... I am certainly not the authority on this subject🤓
  • $FMCI News possibly merger for 4th of july weekend.. has someone heard this? Please confirm. People where talking about it on whatsaap private investment group..
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  • @omid26 there are many regulatory hurdles to overcome prior to putting the merger to a final vote. I don’t think this will take until September but I also don’t think they’ve had the necessary time for complete all necessary steps this quickly either. I suppose anything is possible but my thought is it will take 30-60 days from original announcement to finalize the deal.
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  • @dmess20 @omid26 I could be wrong but my recollection was June 11th or 12th when the announcement was made public. I believe that starts the clock. This is just my understanding... I am certainly not the authority on this subject🤓
  • @dmess20 @omid26 the LOI is not the starting point... the definitive agreement signed 6/11 is the official notice that initiates SEC filings. As far as my comments being unhelpful, I was merely trying to help you understand the timing wasn’t immediate. Nothing is absolute until Forum announces a date for the merger vote.