Reverse Mergers:
Taking a Company Public Without an IPO

"...[R]everse mergersin which a private company buys all or most of the stock of an already publicly traded firmare on the scene. Small firms find them a low-cost, quick, and fuss-free way to instantly become a public company, often without the paperwork required for a conventional initial public offering of shares."
Wall Street Journal
Berkshire Hathaway, Turner Broadcasting System, Texas Instruments, Tandy Corporation, Occidental Petroleum Corporation, Muriel Siebert & Co., Blockbuster Entertainment, and the New York Stock Exchange all went public without doing initial public offerings. They did so by means of the reverse mergera method in which a private company acquires a majority stake in a public one and thereby becomes public itself.
Written for private company CEOs, CFOs, and the investment bankers, lawyers, consultants and accountants who advise them, this book is the first to explain how reverse mergers work, from both a business and legal perspective. Topics covered include: the pros and cons of going public, deal structures and mechanics, financing, winning market support, best (and worst) practices, due diligence, the regulatory regime, working with companies outside the United States (especially in China), specified purpose acquisition companies (SPACs), and Form 10-SB shells.
This book is now available in Chinese. Please call (516) 876-8006 to order.




