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.