Reverse Takeover

Today we will learn about SPAC/blank check companies and reverse IPO (initial public offering) - more commonly known as reverse merge or reverse takeover.

A special purpose acquisition company (SPAC) also known as a blank-check company, is a shell company that has no business operations/transactions but goes public with the intention of acquiring or merging with another company (in general private one), using the money they have gotten from investors through their initial public offering (IPO).

Many private companies have taken this route to become public companies by being bought by a SPAC/blank check company. The process of a private company being bought by a listed company or merged with a listed company is also known as reverse merging.


Recent Posts

See All

Future Predictions...

Now that we have discussed thematic investing and identified stocks that have had above-market returns in 2020, let’s try and predict the future :) Do some research to pick a one or two stocks that yo

Thematic Investing

Today we will be learning about a new concept - thematic investing. Thematic investing refers to investing in companies within a particular theme that you believe will result in above-market returns i

Earnings Call

Given that earnings season has begun, our next activity will be dealing with earnings calls. Earnings calls are an important part of releasing quarterly earnings. In this call, management speaks about