The Reverse Merger Wire reported today that
the Nasdaq, in a filing with the SEC, is requesting that post-reverse merged
companies that wish to uplist to Nasdaq have at least 6 months of trading over
the counter before being allowed to move up. Apparently the idea is that having
a few public filings...
On November 8, 2011, the SEC
approved new rules that add requirements for initial listings that are
accomplished through a reverse merger with a publicly traded shell company.
Those that feel the new rules will have little impact base their view on the
fact that American exchanges had already informally...
In the brave new world of post-"seasoning" smallcap land,
how does a company decide the best way to go public? If one assumes a
traditional initial public offering is not available, or undesirable even if
so, but a company sees the benefits of being public and can bear the costs of