Jan. 27 at 7:52 AM
$ABVE The 20-F becomes the foundation document for the reverse merger
In a reverse merger, the target’s public company disclosures get scrutinized hard by:
The private company merging in
Their investors
Lawyers, auditors, and the exchange
Filing later lets ABVE:
Make sure the 20-F is rock-solid and defensible
Avoid having to re-open or amend disclosures during the merger (huge headache)
Amending a 20-F during a reverse merger = 🚩🚩🚩
Now I understand why so many bearish posters in here want to rush, the faster the 20F was released the more chances there were for errors, that would have been only in the benefit of shorts.
$TSLA $BYND $AI $BTC.X
