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Transfer from uncapped H1B (granted by university) to capped H1B (company)

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  • Transfer from uncapped H1B (granted by university) to capped H1B (company)

    Hi. I graduated this December and started working for my university fulltime. So instead of applying to OPT I got educational H1B granted by my university two days back. That very same day I got a job offer by a company and they are will to apply for H1B (capped) for me. However, they want my university to receed my current uncapped H1B and grand me F1 (OPT) status.
    Is this possible?
    If my current uncapped H1B is cancelled and till I get my OPT granted, will my legal status be valid?
    Is there any other way to transfer from uncapped H1B to capped H1B?
    Please help me!
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