Reverse mergers in focus as IPOs remain tricky
More companies are exploring the possibility of passing into public ownership through a process known as a "reverse merger" rather through an initial public offering, according to senior equity capital markets lawyers.
In a reverse merger, a non-listed company will acquire a public company and take on its listing as part of the acquisition.
At the end of 2019 eEnergy Group, formally known as Alexander Mining, completed the reverse takeover of Irish incorporated eLight Group Holdings for £6.6m.The company ...
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