Many successful private
companies are ready to make the transition to the next
level by going public. But for some reason they
may not be in a position to complete the process of
going public through an Initial Public Offering
(I.P.O.). Some companies may not need the money
from an IPO but still desire to go public. Other
companies may not be able to produce the historical
financial statements needed to complete the filing
requirements. Or there may be some other reason
for wanting to go public without completing an IPO.
The alternative method of going public is to merge with
a company that is already public.
There are many companies
that are already public but do not have any operations.
A private company that mergers with one of these
companies would be completing what is know as a reverse
merger. In a reverse merger the private company's
operations would continue and legally the public company
would continue. The net effect is that the private
company is now public.
There are hundreds of shell
companies available for reverse mergers. Some are
actively traded and some are not. The cost of
these companies can vary greatly. It is important
to have an experienced firm like Coral Capital Partners
who can guide you through this process.