Merger consummation, if it happens at all, will take more than a few months -- a half-year or perhaps longer judging by other merger announcements that include their expectations as to the date of a closing. It's a rather lengthy process that involves management, board of directors, shareholders, and both state and federal regulators.
In the meantime, AEGY will be dropped to a lower tier on OTCM, likely, Pink Current Information. AEGY, if it wishes, could effect a reverse merger, much to the consternation of its common shareholders no doubt, to force the bid to a penny or more for the required 30-day period, and then reapply for OTCQB tier.