According to CoinMeta, Parataxis Ethereum announced the cancellation of its merger plan with Parataxis Korea due to delisting disputes and potential shareholders' demands for cash, which made it difficult to predict the timeline for the merger. As disclosed on October 6th, the boards of directors of Parataxis Ethereum and Parataxis Korea approved the termination of the merger agreement on the same day and signed a formal termination agreement. Both companies withdrew the shareholder meetings scheduled for November 27th as well as the remaining merger procedures. Parataxis Ethereum stated that continuing with the transaction could expose it to significant claims from major shareholders, which may lead to cash outflows and put pressure on its liquidity and financial condition.