Replies to post #114135 on Aurora Acquisition Corp (AURC)

[benzdealeror2]

The SEC (Securities and Exchange Commission), in Rule 12b-2, defines a "Shell Company" as "a registrant with no or nominal operations and either no or nominal assets, assets consisting solely of cash and cash equivalents, or assets consisting of any amount of cash and cash equivalents and nominal other assets."  Previously, the SEC referred to a Shell Company as a Blank Check Company.

http://www.shellstockreview.com/ssr-what-is-a-shell-stock.html