Definition of MAY
1
a archaic : have the ability to
b : have permission to <you may go now> : be free to <a rug on which children may sprawl — C. E. Silberman> —used nearly interchangeably with can
c —used to indicate possibility or probability <you may be right> <things you may need> ; sometimes used interchangeably with can <one of those slipups that may happen from time to time — Jessica Mitford> ; sometimes used where might would be expected <you may think from a little distance that the country was solid woods — Robert Frost>
2
—used in auxiliary function to express a wish or desire especially in prayer, imprecation, or benediction <may the best man win>
"However I still think that they may have received something substantial in the form of an offer or JV or equity stake. Causing them to pause the program