Shell companies—companies that have no or nominal business operations or non-cash assets for an extended period of time—can be used for legitimate purposes. However, they can also be used by ...
In recent years, a variety of alternative paths to public ownership and trading liquidity have emerged. The reverse merger is among one of the oldest alternatives to a conventional IPO for a private ...
Market manipulation schemes related to shell companies aren't new, but the industries involved are always shifting. Shell companies -- companies that have no or nominal business operations or non-cash ...