RVXOT nice digging. So there are using a, not obscure, but rarely used section of the act which is telling us this PP needs shareholder approval to go ahead at the set price because the sp could rise substantially prior to closing. So a sweet heart deal? Can't see any other reason because the only thing that is going to move this is an announcement of some substance. Not to mention To the knowledge of the Corporation, the Subscriber does not currently own any securities of the Corporation.  

 indeed it easy to form a entity which currently holds no shares but still can be arms length to an entity which does. They are using this section of the act to protect the PP and allow it to go through regardless of a possible sp increase. It just gets more convoluted as we move forward but at the end of day it's money coming in and it's being protected in a way to ensure completion. Again very convoluted but it's money from deep pockets so however they are gonna skin the cat they will skin it and there is a reason they want to do it. 

CCD