Jul. 28 at 4:08 PM
$SONM Quoted from the 7/22/25 prospectus: “The Asset Purchase Agreement permits the Company to pursue a reverse merger (“RTO”) with the currently anticipated target or an alternative target, provided that any such transaction is complementary to and not a substitute for the transactions contemplated by the Asset Purchase Agreement.”
The current price essentially gives a zero chance of the reverse merger or the
$5,000,000 earn out occurring. Pretty ridiculous.