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I work for company A (private). Its being acquired by company B. However, the biz unit I work in is not
of interest to company B. Therefore, this biz unit is being spun off to form a separate company, called C.
So C is the ‘surviving entity’ of A.
I’m on H-1B in company A on my 6th year, have filed my I-485, received my E.A.D (about 8 months ago), and A.P.
My friend is also on H1-B in company A on his 5th year and got his I-140 approved last year.
Questions:
1. The new company C will only have around 10 people, out of which 3 people are on H-1B.
a) Does the new company C need to do an H1-B transfer from company A ?
b) Can company C renew our H-1B the next year (as mine is expiring this year, and my friend’s the next year) ?
2. Will our green card processes continue as before? Or will they hit a hurdle, need to be restarted?
Any suggestions or comments are highly appreciated. Thank you very much.
of interest to company B. Therefore, this biz unit is being spun off to form a separate company, called C.
So C is the ‘surviving entity’ of A.
I’m on H-1B in company A on my 6th year, have filed my I-485, received my E.A.D (about 8 months ago), and A.P.
My friend is also on H1-B in company A on his 5th year and got his I-140 approved last year.
Questions:
1. The new company C will only have around 10 people, out of which 3 people are on H-1B.
a) Does the new company C need to do an H1-B transfer from company A ?
b) Can company C renew our H-1B the next year (as mine is expiring this year, and my friend’s the next year) ?
2. Will our green card processes continue as before? Or will they hit a hurdle, need to be restarted?
Any suggestions or comments are highly appreciated. Thank you very much.
