The Benefits and Challenges of Trading in a Shell

Many comments I have received on the RM blog have suggested that I push the benefits of the non-trading fully reporting “virgin” shells to the exclusion of all other types of shells and methods of going public. While I clearly tout the advantages of the virgins, I acknowledge and strongly support the use of other ...

Investment Banker Tips

Thanks to you my faithful blogees, the Reverse Merger Blog has hit a record for visits this past week, thanks! It looks like about 50% of all visits are new people each week which is great. Thanks to those of you that have come back regularly to see what’s up. I even get a sense ...

Investment Banker Tip – Put Some Shells on the Shelf

If you are an investment banker active, or seeking to be active, in the reverse merger and IPO alternative space, you may start by raising money for a PIPE or other financing to take place contemporaneous with the going public event. But did you realize that there is no prohibition on you, or your affiliates, ...

2006 Year in Review: A Great One

Greetings blogees. According to DealFlowMedia’s The Reverse Merger Report (my favorite periodical!), 2006 was a banner year for reverse mergers. Over 200 deals were done, eclipsing the number of IPOs for the year. About half the deals either were self-filings or mergers with “virgin” shells, showing the growing power of these relatively new trends. The ...

Tip of the Week – Reincorporating a Shell? Be Careful 2

Happy April to all! The season of renewal is upon us. And for shells (ok not great segue), that can sometimes mean reincorporation. Many shells are incorporated in nontraditional states due to the prior business that was in the shell. Some are in California, Texas, Florida and other places. Some manufactured shells are in Colorado, ...