not

(iv) Effected during the period from the time of public announcement (as defined in 230.165(f)) of a merger, acquisition, or similar transaction involving a recapitalization, until the earlier of the completion of such transaction or the completion of the vote by target shareholders. This exclusion does not apply to Rule 10b-18 purchases: (A) Effected during such transaction in which the consideration is solely cash and there is no valuation period; or (B) Where:

Source

17 CFR § 240.10b-18


Scoping language

None
Is this correct? or