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Oracle of Ocean St

01/21/19 2:03 PM

#132796 RE: Space_Monkey #132794

It is just a lot quicker and vastly cheaper to bring a company public through a R/M. It isn’t like PAOG and Karl got together and said this would be a perfect fit for our two companies. That’s why clean shells are so valuable and people speculate so much on their potential value
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Ikin_Lockpick

01/21/19 2:10 PM

#132798 RE: Space_Monkey #132794

From Wikipedia

Reverse takeover. A reverse takeover or reverse merger takeover (reverse IPO) is the acquisition of a public company by a private company so that the private company can bypass the lengthy and complex process of going public.

Reverse takeover - Wikipedia
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doogdilinger

01/22/19 8:02 AM

#132821 RE: Space_Monkey #132794

Revere mergers are way cheaper and far faster than IPO's