Merger
$MTPP New CEO and Possible New company moving into ShellFrom Grey to Pink last year Form D filed in February for new CEO
The company "ME Renewables Limited" might be moving into the shell
opencorporates.com
archive.fast-edgar.com
100 Million preferred shares was also given to the new CEO so we shall see what they have in store for us here.
$CHSO Paul Moody Custodian Same one that did $NXMH $SENY$CHSO Is a Paul Moody custodianship one of the best Custodian players on the market. His most recent one $NXMH (Previously $TKSI) went from .01 to $14.50
$DBMM Sec Case if Not Submitted could see Pink Current and 100x $DBMM Is Currently on the Expert Market and is Awaiting to see if their case with the Sec is filed if not it will be dismissed and it would come off the expert market and become immediately pink current following several other tickers that have and went 100x the PPS they had on the grey sheets or expert market. Huge gamble with a PT of .10 within a few days if it happens.
DKNGDISH Network Corp. DISH, +2.12% and DraftKings Inc. DKNG, -3.30% announced Wednesday an agreement in which DraftKings' fantasy experiences and sportsbook will be provided directly to DISH customers. Shares of DISH surged 7.3% in premarket trading and DraftKings rose 2.7%. As part of the agreement, DraftKings' app will be integrated on the DISH TV Hopper platform. "We're thrilled to work with DraftKings to amplify the sports-fan experience, and extend the DraftKings footprint across our unique suite of services, including SLING TV and Boost Mobile, with potential applications across our 5G wireless buildout in the future," DISH TV Group President Brian Neylon. DISH shares have dropped 11.0% over the past three months, while DraftKings stock has rallied 37.0% and the S&P 500 SPX, -0.68% has advanced 5.6%.
$LTUS New Officers, S/S Updated and Small Float$LTUS Has all the makings of a runner and has been getting steadily accumulated the last few days. Keeping an eye here. PT with the current S/S $5+
$CBGH Continues Ahead of Merger and Acquisition PT $10$CBGH Management put out a tweet on the 25th of February stating that they now have 3 candidates on the short list out of 10 for Mergers and Acquisition and that the process was still in the negotiation stages.
twitter.com
Price target $10+
$VMHG Follows Breakout Pattern to a T as it heads over $3+$VMHG Has been on a steady breakout since our alert around the .15-.25 range The company HQ'ed in Miami Florida, has been making strides in the boating and yacht industry becoming the exclusive distributor for Chaparral and Robalo boats in Costa Rica.
www.otcmarkets.com
Currently all filings are in and the attorney letter is anticipated to drop this week with pink current by early next week after which institutional buying should ramp up sending the stock to our price target of $10 (Which we have now revised with everything factored in and seeing that the current float is actually 2.8 Mil and not the unrestricted shares we see on OTC markets to a new PT of $20)
More DD on the company are in past posts below check them out!!!
$JCS Announces Agreement to Merge with Pineapple Energy, LLCCommunications Systems, Inc. Announces Agreement to Merge with Pineapple Energy, LLC
$JCS ("CSI" or the "Company"), an IoT intelligent edge products and services company, today announced that it entered into a definitive merger agreement with privately held Pineapple Energy, LLC ("Pineapple"), a growing U.S. operator and consolidator of residential solar, battery storage, and grid services solutions.
Pineapple recently signed definitive agreements to acquire Hawaii Energy Connection ("HEC") and E-GEAR, both Hawaii-based sustainable energy solution providers.
This transaction will pave the way for the combined company to effectively raise capital and use stock as a currency to acquire other leading regional solar, storage and energy services companies."
CSI expects the sale proceeds from any pre-merger divestitures to be distributed in the form of a cash dividend to existing CSI shareholders prior to the effective date of the merger. In addition to any proceeds from pre-merger divestitures, CSI expects to distribute to the pre-merger shareholders a cash dividend of at least $1.00 per share prior to the closing of the merger. The Company also intends to make additional cash dividends from cash, cash equivalents, and investments and proceeds from the sale of legacy CSI assets and businesses sold after the merger through the CVRs.
Each CSI shareholder as of the merger record date, will receive Contingent Value Rights ("CVRs") that reflect the right to receive that shareholder’s percentage of the net proceeds from the sale of legacy CSI businesses and assets, after the closing.
Additionally, current CSI shareholders will retain shares in the combined company, initially holding approximately 37% of total shares outstanding. This ownership is expected to decrease over time due to earnouts to Pineapple shareholders and capital to be raised through potential future equity offerings.
Other information about the Merger and Related Transaction
The transaction is structured as a statutory reverse triangular merger under Delaware law under which a new CSI subsidiary will be merged with and into Pineapple. Pineapple will survive the merge r and become a wholly-owned subsidiary of CSI.
The Members of Pineapple will receive base consideration of 15.6 million shares of CSI common stock. The base consideration will be increased for any outstanding convertible notes issued by Pineapple in a pre-closing financing, which will convert into additional shares of CSI common stock at a rate of $2.00 per share and be decreased for any outstanding indebtedness of Pineapple in excess of $22.5 million, which will reduce the base consideration at a rate of $2.00 per share;
In addition to the base consideration, Members of Pineapple may receive additional shares pursuant to an earnout. Additional shares of common stock will be issued to Members of Pineapple upon the occurrence of the specific milestones.
Financing Growth
In conjunction with the merger, CSI and Pineapple Energy are exploring equity financing through a private placement that would close in connection with the closing of merger, with proceeds to be used by the combined company to finance additional acquisitions and working capital needs of the combined company.
$WIFI to be Acquired by Digital ColonyBoingo Wireless to be Acquired by Digital Colony
Boingo Shareholders to Receive $14.00 per share in Cash Transaction Valued at Approximately $854 Million.
Leading Digital Infrastructure Investment Firm, Digital Colony, Uniquely Positioned to Continue Investing in Boingo’s Diverse Network.
Boingo to Become a Privately Held Company Upon Completion of Transaction.
Digital Colony will acquire all the outstanding shares of Boingo common stock for $14.00 per share in cash through a merger, in a transaction valued at approximately $854 million, including the assumption of $199 million of Boingo’s net debt obligations. The acquisition price represents a 23% premium to Boingo’s closing price of $11.40 on February 26, 2021.
expected to close in the second quarter of 2021.
finance.yahoo.com
Rocket Lab to Become Publicly Traded Through Merger with $VACQRocket Lab, an End-to-End Space Company and Global Leader in Launch, to Become Publicly Traded Through Merger with Vector Acquisition Corporation.
End-to-end space company with an established track record, uniquely positioned to extend its lead across a launch, space systems and space applications market forecast to grow to $1.4 trillion by 2030
One of only two U.S. commercial companies delivering regular access to orbit: 97 satellites deployed for governments and private companies across 16 missions.
Transaction will provide capital to fund development of reusable Neutron launch vehicle with an 8-ton payload lift capacity tailored for mega constellations, deep space missions and human spaceflight
Proceeds also expected to fund organic and inorganic growth in the space systems market and support expansion into space applications enabling Rocket Lab to deliver data and services from space
Business combination values Rocket Lab at an implied pro forma enterprise value of $4.1 billion. Pro forma cash balance of the combined company of approximately $750 million at close
Rocket Lab forecasts that it will generate positive adjusted EBITDA in 2023, positive cash flows in 2024 and more than $1 billion in revenue in 2026
Group of top-tier institutional investors have committed to participate in the transaction through a significantly oversubscribed PIPE of approximately $470 million, with 39 total investors including Vector Capital, BlackRock and Neuberger Berman.
finance.yahoo.com
Viracta Therapeutics Announces Closing of Merger with $SNSSViracta Therapeutics Announces Closing of Merger with Sunesis Pharmaceuticals and $65M Private Placement
Shares of Viracta to commence trading on the Nasdaq Global Select Market on February 25, 2021 under ticker symbol 'VIRX'
Cash and cash equivalents of over $120 million as of merger close
Registration trial for the treatment of relapsed/refractory EBV-positive lymphoma expected to begin in 1H2021, and a Phase 1b/2 trial in EBV-positive solid tumors in 2021.
The combined, publicly traded company will focus on the advancement and expansion of Viracta's clinical stage pipeline, including Viracta's lead program for the treatment of Epstein-Barr virus (EBV)-positive lymphoma.
Immediately prior to the closing of the merger, Viracta also closed the previously announced $65 million private placement of its common stock.
On February 24, 2021, and in connection with the closing of the merger, Sunesis effected a 1-for-3.5 reverse stock split . All issued and outstanding shares of common stock of Sunesis were subject to the reverse stock split.
Viracta has approximately 37.0 million shares of common stock outstanding , with pre-merger Viracta shareholders collectively owning approximately 86.05% of the combined company and pre-merger Sunesis shareholders collectively owning approximately 13.95% of the combined company.
finance.yahoo.com
Berkshire Grey Announces Business Combination with $RAAC spacBerkshire Grey, a Leader in AI-Enabled Robotics and Automation Solutions, Announces Business Combination with Revolution Acceleration Acquisition Corp
Combined company to have an estimated post-transaction equity value of up to $2.7 billion
Transaction expected to provide up to $413 million in cash proceeds, including a fully committed PIPE of $165 million anchored by Chamath Palihapitiya, Founder and CEO of Social Capital, Hedosophia and funds and accounts managed by BlackRock
Current Berkshire Grey shareholders Khosla Ventures, New Enterprise Associates, Canaan Partners and SoftBank Group Corp. rolling 100% of their equity in the combined company
Berkshire Grey expects to have $507 million cash, which will be used to fund operations and support new and existing growth initiatives, and no debt on its balance sheet following the combination.
The intellectual property supporting BG’s market-leading solutions is protected by more than 300 patent filings.
The intellectual property supporting BG’s market-leading solutions is protected by more than 300 patent filings.
Transaction is expected to close during the second quarter of 2021 and is subject to approval by RAAC’s stockholders and other customary closing conditions.
finance.yahoo.com
Tsnp reverse merger with humbl payReverse merger with humbl pay, waiting on ticker change and app release, once we get that I see this stock trading in the $3-$5 range short term. next quarter potentially closer to $10. bought the dip at 0.77 will add more if it comes back down and tests that range again. I am a strong believer in this one as I believe it could be a strong competitor to PayPal in the future. Great potential.
$SNSS Definitive Merger Agreement CASE STUDYSunesis Pharmaceuticals and Viracta Therapeutics Announce Definitive Merger Agreement
Merger to create Nasdaq-listed company focused on developing Viracta’s precision oncology pipeline targeting virus-associated malignancies
Leading institutional investors committed a total of $105 million in private financings with Viracta
Combined company expected to have approximately $120 million cash balance following the close of the merger
intends to be listed on the Nasdaq Global Market under the ticker symbol “VIRX.”
Viracta plans to initiate a registration trial for the treatment of EBV-positive lymphoma in the first half of 2021, and also plans to initiate a Phase 1b/2 trial in EBV-positive solid tumors in 2021.
The transaction is expected to close in the first quarter of 2021.
finance.yahoo.com
$DLPX $7 Mil+ HQ and Sub of NASDAQ $AIRT On the Move Flwg UpdtsTaken from their website: “Delphax Solutions, Inc. is a business unit of holding company AIR T, INC. , which has been established since 1980.”
www.delphaxsolutions.com
$AIRT is currently trading at $26.77
This statement is from the Financial Q10 of February 12, 2021 AIRT:
Type of Revenue Nature, Timing of Satisfaction of Performance Obligations, and Significant Payment Terms Product Sales The Company generates revenue from sales of various distinct products such as parts, aircraft equipment, >>>printing equipment<<<, jet engines, airframes, and scrap metal to its customers. A performance obligation is created when the Company accepts an order from a customer to provide a specified product. Each product ordered by a customer represents a performance obligation.
Here is the link for the location of its HQ and you will see the warehouse and the sign Delphax. The warehouse building alone should be worth more than $7 million. See it yourself: goo.gl
$ECGI Purchases Cali MJ Property and Announces 1st Deliveries$ECGI Finalizing Northern California 1.7m SQ FT (40 acres) from $SGMD CEO Jimmy Chan private LMK Capital company.
LOS ANGELES, Jan. 26, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – ECGI Holdings, Inc. (“ECGI” or the "Company") (OTC PINK: ECGI) today took its first steps toward the development of its special cannabis acquisition model via the closing of a definitive agreement to acquire a privately held farm, which includes a *1.7 million-square-foot Northern California property zoned for cannabis cultivation, processing and manufacturing." "The property also includes a house of approximately *2,175 square feet (the house and land collectively “Property”).
www.otcmarkets.com
The mention of the 2,175 Sq Ft house, just so happens to be included in the 6 acre zoned MJ area.
$ECGI's stated property size is 40 acres x 43,560 Sq Ft per acre equals 1,742,400 Sq ft.
You can review the original Lower Lake property listing here:
www.redfin.com
Awaiting cannabis licenses to be issued.
Also, $SGMD PR'd couple days ago that they purchased 70% of $ECGI NUGS Avenue MJ delivery service.
$ECGI Released an update today about Feb 9th deal announcing they had delivered to their first customers:
LOS ANGELES, Feb. 09, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – ECGI Holdings, Inc. (“ECGI” or the "Company") (OTC PINK: ECGI), which plans to operate as Elite Cannabis Group and has been reorganized as an acquisition-oriented corporation with California-based targets of distressed cannabis assets, properties zoned for cannabis cultivation and processing, today announces its second agreement within the fast-growing California regulated cannabis market. The Company has signed a definitive management services agreement to enter the cannabis delivery business in conjunction with a California cannabis license holder operating out of Lynwood, California.
www.otcmarkets.com
"$ECGI created a wholly owned subsidiary, Nug Avenue, Inc., a California Corporation, which will hold the contract with the licensed party. The Company plans to enter into an additional agreement whereby it will sell up to 70% of the Nug Avenue unit to a third party, allowing the Company to retain and report an approximately 30% ownership.
twitter.com
"Excited to announce our first deliveries for Nug Avenue on 2/25
Check us out if you're in the LA Metro area @ Weedmaps.com. Wide selection and fast delivery. $ECGI"
twitter.com
$GEIN Continues Its Uptrend Ahead of 1:10 F/S and Name Change$GEIN Will do the following:
1. To amend the Company’s Articles of Incorporation, as amended (the “Articles”) to change our corporate name from Genesys Industries, Inc. to Forza Innovations Inc. (the “Name Change”);
2. To amend the Articles to increase the number of authorized shares of Class A Common Stock we may issue from 100,000,000 to 700,000,000 (the “Share Increase”);
3. To increase the number of the Company's total issued and outstanding shares of Class A Common Stock by conducting a forward stock split at the rate of 10 shares every 1 share currently issued and outstanding (the “Forward Split”).
$VMHG Continues Its Climb North After Dropping Multiple Filings$VMHG which has seen a major move in its stock since the company's first shareholder letter has been slowly progressing and accelerating to a breakout point past $1.50
The stock which has potential partnerships with $MPX and $BC too tickers on the NASDAQ that deal in the yacht niche market dropped multiple filings today ahead of its progression to pink current.
The company is anticipated to drop its Attorney letter sometime in the next day or two after which pink current could come as soon as Monday next week or Friday this week if its dropped today.
The company has stated that there will be many updates on the horizon and anticipates great things this year.
Personal Price target is still at $10+
$HOL Bullish Flag to $30 $HOL Currently Attempting to break $22 with bullish flag movement. RR 1:4 with a Stop of $19. lots of news hear with potential Astra Merger.
$RGLG Begins A Path to Major Breakout As Company UpdatesOTC Markets was updated with Joseph Arcaro’s email and his counsel back in December of 2020 when the annual list also came out.
OTCM has been updated recently and the company also created a new twitter account today: @rglginfo
This tells me updates are very very close and people are loading for the anticipated news that may be coming here.
PT: $5-$7
$VMHG Continues its Massive Uptrend Towards the $10 PT$VMHG Has moved several hundred %age points since the last update.
In the last update I laid out all the basic DD on why this will most likely end up like $CMGR and $NXMH did moving from .0s to over $15 each.
The company released an update for the first time earlier this month, the first time in 2 years stating they are working to go current and provide updates and they have been dropping filings the last few days.
www.otcmarkets.com
Accumulation line has also gone through the roof and it is basing nicely around $1 before it begins the next move up.
Website: victoryyachts.com
Twitter: @Victory_Yachts
Instagram: www.instagram.com
Pinterest: www.pinterest.com
OTCM: www.otcmarkets.com
A more in depth DD compilation is in the attached related idea.
Not included however is what was found recently that they have been tagging not only $MPX but also $BC
These are billion dollar companies on NASDAQ and NYSE.
It doesn’t take very much stretch of the imagination to realize that they may announce some kind of partnership or merger with these marine industry powerhouses.
Also not included is just how short the shorts are on this stock. It is MASSIVELY shorted. I do anticipate a short squeeze once $1.25 is broken which should be this week.
Long term PT remains $10ish
NEWEGG.COM merger hypeThere does not appear to be any direct news from the company. But it seems like that there was some coordination by day traders on social media-Twitter and Twitter hashtags.
TWITTER:
$LLIT $15-17 then $20+ into NEWEGG.COM merger on bitcoin
$LLIT swing is alive. Proxies have been filed. http://NEWEGG.com!!! Easy $20 into merger, if not more, IMO.
$LLIT Merger Docs out today on NewEgg 1B+ Merger. Very low float, be smart. $20-30
$LLIT will become a bitcoin play as they merge with newegg.
$LLIT Great dip. After the proxy filing this should really start heating up next week. $20+ low end price target for the merger.
18% of the float is short. This could squeeze
