Hi All,New investor here... can someone correct me if I'm...

Hi All,

New investor here... can someone correct me if I'm wrong...

European Lithium and Sizzle Acquisition Corp are teaming up. They're planning a big move where European Lithium's project will join forces with Sizzle to create a new company called Critical Metals Corp. This new company is expected to get listed on NASDAQ with the symbol "CRML." Now, there's a meeting where Sizzle's shareholders will vote on this partnership. Originally set for January 23, 2024, the meeting got pushed to January 31, 2024. If everything goes well at this meeting, the partnership will likely go through. European Lithium is also looking for strategic partners to invest in this venture.After this all happens, European Lithium will get about US$750 million worth of shares in the new Critical Metals Corp.

EUR Market cap is approx $77 Milllion, to there is potential 10x arbitrage situation if this all goes through - is this not correct? What is keeping the SP supressed?