Re:Ask HN: What are some indicators that a company will have...
by nasalgoat on Tuesday July 25, 2017 @05:04PM
(#14851837)
Which is why doing an RTO is an attractive alternative. Although they seem more popular in Canada for some reason.
A Reverse Take-Over is where a company pays for a shell corp that is listed on a public exchange and the shell officially "takes over" the company, then changes it's name to that of the "purchased" company, which is a great shortcut to a public offering.
But the need for a CFO is the same, the books have to follow the standard public process.
A Reverse Take-Over is where a company pays for a shell corp that is listed on a public exchange and the shell officially "takes over" the company, then changes it's name to that of the "purchased" company, which is a great shortcut to a public offering.
But the need for a CFO is the same, the books have to follow the standard public process.