InterviewSolution
| 1. |
What Is Reverse Merger? |
|
Answer» It is when a private company – buys a PUBLIC company to automatically BECOME a publicly TRADED company – and it does not have to undertake initial public OFFER. Sort of like a roundabout way to become a public company without the actual hassles and COSTS of IPO and other initial formalities that a public company has to compulsorily adhere to. It is when a private company – buys a public company to automatically become a publicly traded company – and it does not have to undertake initial public offer. Sort of like a roundabout way to become a public company without the actual hassles and costs of IPO and other initial formalities that a public company has to compulsorily adhere to. |
|