It's not quite that simple. Merging is a process i

It's not quite that simple. Merging is a process involving the two corporate parties, the shareholders of the two parties, and state and federal regulators. The proposed merger (known legally as a "merger of equals" because it dissolves the two entities into a new third entity that issues new shares to shareholders of record of the old companirs) must be approved by state and federal regulators. The time frame is not controlled by the parties to the merger although the parties usually offer their expectation. It's an educated guess. In the case of of two OTC-BB  firms merging (see #30288), their expectatio was about six months. Signed merger agreements are Step 1 in a process.