Prove me wrong. Show me due diligence that says an OTC cannot Reverse Merger and acquire another entity while simultaneously having underwriters place a deal for shares of the newly combined entity.
Reverse mergers are not IPOs...
Please link me to a post I made referencing your above quote about reverse mergers...
Does it make shareholders feel better calling it an IPO? Will calling it an IPO help sell the offering better than if it was called a secondary offering?
Does a used car sell better if it’s renamed preowned? Psychologically, yes...