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I don't subscribe to this merger report but found the headlines intersting

Toxic Terms Could Cripple Fundraisings
Registration Requirements and Warrant Overhang Make for Unattractive Follow-ons

Reverse merger companies are particularly hungry for capital these days, but that cash is being offered at increasingly tough terms that could make it difficult to entice investors in future financings.

As little as a year ago, a company could offer straight discounted common shares with low warrant coverage and less stringent, even delayed registration requirements. Now the money will likely come as convertible debt, with high interest, full warrant coverage and with harsh penalties for delayed registration, according to several investors and attorneys. Full Story



Keating Getting Out of Reverse Merger Business
In a stark about-face, one of the more prominent players in the financed reverse merger market is getting out. Greenwood Village, Colo.-based Keating Investments won't be sponsoring reverse mergers going forward and will focus it efforts on minority investments in private companies, which it will then take public through self-filed registration statements. Full Story