To the 22 form letter signatories, page-18

Good points.

If the list increases to >25% before publication, do they still name everyone?

”Here is the list of people who will defeat this deal that we tried to go ahead with anyway, wasting everyone’s time and money. We are essentially calling them liars and implying they don’t intend to do what they said they’ll do. If this does get voted down, it’s going to be really awkward for us because the people below literally told us they were going to do that.”