Nov. 24 at 3:54 PM
$KOAN
Penny Stock 101 – LOIs and Merger News
Ever wonder why merger news in penny stocks doesn’t move the stock overnight? Let’s break it down.
When you hear about companies like KOAN or ApolloBiowellness merging with Revive, the public is only seeing the tip of the iceberg. Before a merger closes, there are private discussions, NDAs, and a Letter of Intent (LOI) that outlines the basic terms. Then comes due diligence, regulatory filings, and, if required, shareholder approval. Only after all these steps is the merger officially finalized—and that can take months.
Investor takeaway: Don’t chase the hype. Knowing the timeline helps you stay patient, avoid panic, and make smarter decisions. Merger news is important, but understanding when it actually matters is what separates savvy penny stock investors from the crowd.