/biz/ - Business & Finance

>>53473434
>it's registered as a bank
Its an LLC, a holding company, not a bank
>What I don't know is how Baby fits into that
GMERICA, look up the trademarks they filed, they all overlap, also look at the website, they sell more than just vidya now. We are speculating because Cohen has been silent on everything but the holding company is the key to everything.

>In a reverse merger, investors of the private company acquire a majority of the shares of a public shell company, which is then combined with the purchasing entity. Investment banks and financial institutions typically use shell companies as vehicles to complete these deals. These simple shell companies can be registered with the Securities and Exchange Commission (SEC) on the front end (prior to the deal), making the registration process relatively straightforward and less expensive. To consummate the deal, the private company trades shares with the public shell in exchange for the shell's stock, transforming the acquirer into a public company.


It does not have to be a private company, a public one can also do this. Gamestop acquire the Teddy company, which is the private shell company, who then acquire the target public company.