Starfleet Innotech Inc (SFIO)

[Polack]

Reverse merger avoids significant costs of IPO:
https://www.pwc.com/us/en/services/deals/library/cost-of-an-ipo.html
“Cost of going public
Underwriting makes up the largest component of IPO costs by far. Based on the public registration statements of 315 companies, on average, companies incur an underwriter fee equal to 4-7% of gross proceeds, plus an additional $4.2 million of offering costs directly attributable to the IPO. Legal and accounting fees also add up and can increase significantly for larger companies that may face additional complexities in preparing for an IPO.”