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Current H1 expiring soon, H1 transfer

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  • Current H1 expiring soon, H1 transfer

    My current H1b with company A expires in Oct. I have an offer from company B and would like to move ahead with that.
    Company B will file for my H1 transfer. Company A will also be filing for my H1 extension. Both will be regular processing
    due to hold on premium processing. Now my question is this:

    Let's say I join company B after transfer receipt notice is received. If the H1 transfer is not approved by Oct, will I be out of status?