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Post# of 58648
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Thursday, 11/11/2021 12:37:30 PM

Thursday, November 11, 2021 12:37:30 PM

Post# of 58648
Here is something I Found.

The benefits of a reverse merger are obvious: time and money. Where an IPO can take a year or more to complete, a reverse merger can be completed in as little as 30 days. While a reverse merger is not exactly cheap ($500,000 is a fair estimate), it still comes in significantly below the average cost of an IPO.

In addition, a reverse merger limits uncontrolled factors. An uncertain stock market or unconvinced investment firms won’t mean disaster because they are not even a part of the transaction.

It might take less time since they have already been dealing with this mystery company for a while now.