Just to add to what Cima has posted. I spoke with Dean at the ASE shortly after Cima did. I second everything he posted.
The only thing that I can add, or stress, is that these RTO's can require up to 200 pages of documents. Dean says Circular 8 at the site lists all the requirements. He suggests that if anyone wants to know exactly where the process sits, that they call the company, go through the list, and check off what has been completed, and what, if anything, is deficient.
He also stressed that the RTO process is designed to protect the company, to make sure that the deal is well structured, with no flaws that could harm the company, and its shareholders.
While it might be stressful for shareholders when these deals take some time, just remember that as long as the process is continuing, everything is on track, and the better it will be for us all in the long run.
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