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Posted On: 07/23/2020 8:18:36 AM
Post# of 4861
Some have asked how a private company could go public and list on the big boards. The following is one such road to listing on the big boards --- this approach works even for a private or a non-reporting company.
A special purpose acquisition company (SPAC), sometimes called blank-check company, is a shell company that has no operations but plans to go public with the intention of acquiring or merging with a company with the proceeds of the SPAC's initial public offering (IPO). SPACs allow retail investors to invest in private equity type transactions, particularly leveraged buyouts.
https://en.wikipedia.org/wiki/Special-purpose...on_company
A special purpose acquisition company (SPAC), sometimes called blank-check company, is a shell company that has no operations but plans to go public with the intention of acquiring or merging with a company with the proceeds of the SPAC's initial public offering (IPO). SPACs allow retail investors to invest in private equity type transactions, particularly leveraged buyouts.
https://en.wikipedia.org/wiki/Special-purpose...on_company
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