To take a private company "public" costs at bare minimum approx. $25K for lawyer, accountant, filing expenses. To go "public" on the big boards costs maybe $1M.
A private biotech, wanting to go public, can simply takeover an empty shell through what's termed a "reverse-merge" simplifying the process. Happens all the time.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.