News & Events - Reverse Mergers

  • November 10, 2011

    U.S. securities regulators approved strict new listing standards for reverse merger companies on Wednesday after a rash of accounting scandals.  Under the new listing standards approved by the U.S. Securities and Exchange Commission, any company that becomes public through a reverse merger will have...
     

  • August 08, 2011

    NYSE Euronext (NYX.N) is seeking to tighten its listing standards for reverse merger companies, in a move designed to combat the recent rash of accounting scandals with U.S.-listed Chinese companies.

  • June 03, 2011

    In December we wrote about the SEC's probe of American firms and individuals,
    with co-conspirators in China, which allegedly defrauded American investors out of
    billions via a specific method of taking...
     

  • April 26, 2011

    The Nasdaq stock market has asked the Securities and Exchange Commission to change regulations regarding how quickly companies using a reverse merger can be listed on a major exchange.  In a filing Monday, the exchange...
     

  • February 28, 2011

    Laguna Beach-based Auri Design Group, LLC. ("Auri") dba Auri Footwear - announced
    today that it has taken control of publicly traded company Wellstone Filter Sciences, Inc.
    (OTCBB: WFSN) via a reverse merger.
     

  • August 16, 2010

    JBS SA, the world’s biggest beef producer, may turn its $7.1 billion Pilgrim’s Pride unit into the parent of U.S. operations in a so-called reverse merger after postponing an initial public offering of JBS USA, Chief Executive Officer Joesley Batista said.“I would prefer to do the IPO of the U.S. unit...
     

  • July 18, 2010

    VoIP technology pioneer Vocaltec has agreed to a merger with Ymax Communications, the creator of magicJack, in a merger agreement that priced Vocaltex at 220% over its market price - and sent its share soaring. The new company will be worth approximately $245 million, or $17.50 per share.
     

  • May 04, 2010

    Data center services company Consonus Technologies of Cary is hoping that a different route to the public markets and Wall Street capital will do better than a failed IPO attempt in 2008. The company has reached a reverse merger deal with New York holding company Midas Medici that will open the companies to a public stock offering valued...

  • April 15, 2010

    A wave of Chinese companies is washing up on U.S. stock exchanges, using transactions called reverse mergers in order to tap lucrative U.S. financing markets while bypassing normal procedures for initial public offerings.

  • April 12, 2010

    Ad Systems Communications Inc. has gone public through a reverse merger with NanoAsia Ltd. of China.

  • September 10, 2009

    While the number of traditional Initial Public Offerings has slowed to a crawl, reverse mergers are continuing their ascent in popularity with 222 reverse merger deals in 2007 valued at $8.36 billion, a 14 percent increase over the previous year.