50-50 for announcement by Tuesday
No company will rush to meet an artificial deadline when a big deal is on the line and lawyers are neck-deep in paperwork. Who knows, maybe something like (lack of) proof of lasting shelf-life is causing a snag. There is no risk to the 'big beverage company", since we don't know who that is. All the risk of missing the April 'deadline' is with Sproutly, and they did it to themselves by even hinting this would close in April.
I've been through enough of these 'big moments' to know that at least half the time, and probably more, the 'deadline' is missed, for completely valid business reasons, but it drives the investors crazy and just gives shorts and traders a gift of volatility on a platter.
50-50.
It sure would be nice to announce by Tuesday.