Shell Value10 May 2013 12:26
Alone :
Public shells for sale
London AiM shells and GXG shells for sale now
We have London AiM shells and GXG Markets shells for sale.
We currently have London AiM shells and GXG shells for sale with prospectus for EUR 5 million offering included.
Public shells are used when private companies want to list on a stock exchange very fast, in a reverse merger, otherwise known as a reverse takeover. In a reverse takeover, shareholders of the private company take over control of the public shell company's shares and then merge the shell company with the private company.
These public companies are called "shells" or "shell companies" because usually all that still exists of the original operating company is its organizational structure. The shareholders and directors of the private company going public by reverse takeover receive the shares of the public company and assume control of its board of directors. The entire process takes only a matter of weeks, including the name and stock symbol change.
The private company's shareholders pay for the shell company by way of a **************, contributing their private company shares for shares in the public shell company that they wish to take over and merge with. This resulting ************** and change of control of the public company completes the reverse merger, transforming the private company into a publicly held company.