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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
by nasalgoat 9y ago
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.