This ain’t crypto but it is an easy 60% gain in less than 3 weeks

Let me give you some Alpha:

THIS MONTH, NASDAQ stock $ESGL is merging with De Tomaso Automobili (those $1.7M car dudes) https://www.globenewswire.com/news-release/2025/05/23/3087478/0/en/ESGL-Files-Proxy-Statement-for-Proposed-Business-Combination-with-De-Tomaso-Automobili.html .

For the merger to happen, it should trigger Nasdaq’s Rule: “New listing must open/close at $4+ …. Or else.”

RTOs and ticker transitions post-merger are treated like new listings in many cases., requiring that $4 bid.

There’s simply not enough shares to absorb all the buying pressure and if there’s anyone dumb enough to short them, they’ll get squeezed.

If $ESGL trades below $4, Nasdaq will not approve the symbol change unless one of the following actions is taken:

Option 1: Reverse Stock Split

Consolidate shares (e.g., 1-for-4 or 1-for-5) to artificially raise the price.

This is what Proposal No. 2 in the June 10 EGM is designed to enable.

Option 2: Delay the Ticker Change

ESGL could delay changing its symbol until it consistently trades above $4 on its own (unlikely unless price momentum builds significantly post-announcement).

No one is dumb enough to go for Option 1.

Coupled with increased short volume over the days, the market makers are going to have a field day squeezing all of them