Apr. 25 at 12:26 PM
$RZLV $CMRC The "Hostile Bid" Math is Broken. Rezolve’s offer is a 1-for-2 share swap. With RZLV at
$2.62, the offer is worth
$1.31. but, CMRC is trading at
$3.00. No rational investor trades a
$3.00 asset for a
$1.31 asset. Unless RZLV adds cash (which they don't have much of) or the stock doubles, the deal is dead.
The "Poison Pill" Deadline is this Monday, April 27, is the record date for the CMRC Rights Plan. If Dan hasn't "sweetened" the deal by then, the hostile bid collapses. When a merger fails, the "arbitrage" traders who bought RZLV as a hedge will dump their shares, creating a massive sell-off on RZLV. That's just how it works. The paid pumpers, like the con artist Iveee will never tell you this brutal honesty. 🤣