Posts Tagged ‘public shells’

Blank Check Company Compared To Trading Public Shells

There are 2 kinds of public shells. There is a big difference between them. One can help speed up the process to become a public. These are called virgin or blank check companies. A Securities and Exchange Commission reporting blank check company is a public shell. They have no operating history and are formed to become SEC reporting public companies to find and merge with a private company. Many investment banks and consultants use this type of public shell company to merge a client into since some funding sources require a company to be public before they can invest.

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