Expected Moves

DNLMY has one year to prove it can re-enter the public markets — and the clock is ticking. The next catalyst, a proposed reverse merger with a blank-check company, is set to file in Q1 2025, with a potential closing date in Q2. If the deal goes through, the stock could rally toward $1.50 on the upside, or drop to $0.80 on the downside, depending on how the merger structure plays out and whether the company can demonstrate a clear path to profitability. This is the company’s last chance to re-enter the market on its own terms, or risk being written off as a delisted ghost.

The schedule