InvestorsHub Logo
Followers 241
Posts 6991
Boards Moderated 0
Alias Born 01/21/2017

Re: None

Tuesday, 10/03/2023 4:02:22 PM

Tuesday, October 03, 2023 4:02:22 PM

Post# of 98640
What is a reverse merger?
A reverse merger is when a private company merges into a public company and takes command of the public company.
The public company name sticks around but may be changed in the future. The private company no longer exists - it IS the public company.
The old management of the public company is gone. The management of the previously private company now controls the public company.
So, the old NHMD management is GONE. The new NHMD management now controls NHMD. There is no Nate any more.
Reverse mergers are performed when a private company does not want to go the route of an IPO, which is both expensive and takes a LOT of time.
A standard merger is when two companies merge and keep both companies runnng.
So, forget anything you ever knew about NHMD. That company is GONE. What we are now looking for is the new NHMD to make good on its plans. Reducing the AS is a good start.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent NHMD News