when a reverse merger occurs, its a private company going public.
private companies, whose shares have never traded publically, after a reverse merger now trade publically.
can someone please explain to me otherwise, why a company would do a reverse merger, and then cancel all the shares and cease to exist?
there are some logical flaws in that argument.
yes, there will be a ticker change. pretty much every reverse merger is followed by a ticker change to reflect the new business...
ticker changes, in and of themselves, don't mean anything.
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