Archive for March, 2008
The WRASP: The Smartest Ideas are the Simplest
By David Feldman at 31 March, 2008, 9:06 pm
Congratulations to my client Rick Rappaport and his team at WestPark Capital in LA. They have pioneered a new structure to take companies public without an IPO, without a trading shell, without a self-filing and moving from being private directly to trading on the American Stock Exchange.
Dubbed a “WRASP,” the structure is very straightforward. First [...]
Yes We Have a New Name
By David Feldman at 26 March, 2008, 9:02 pm
What’s in a name? Well according to my web advisors, a whole bunch of clicks, hits, whatever they call people having more exposure to our humble blog. But in changing our name to the “Reverse Merger & SPAC Blog” there is more than just traffic building in mind.
As you may have discerned from several recent [...]
Tip of the Week: When does a self-filing make sense?
By David Feldman at 19 March, 2008, 9:01 pm
The following definition is taken from my book: a self-filing is the process by which a private company may seek a public trading market for its securities without an IPO or a reverse merger, by completing its own filings with the SEC either to resell securities held by shareholders or to voluntarily become a reporting [...]
Read More >>Go Denver!
By David Feldman at 4 March, 2008, 9:00 pm
I spent this week visiting clients and contacts in Los Angeles and Denver. I have written before about the burgeoning technology and media sector in LA being underserved by a paucity of capital sources in the City of Angels.
Having made my very first visit to Denver, other than the really cold winters (not my thing), [...]
Tip of the Week: Paperwork When Flipping a Shell
By David Feldman at 1 March, 2008, 8:59 pm
A number of our clients have given up control of their shells to third parties. Sometimes it happens when the creator of a Form 10 “virgin” shell is approached to simply transfer ownership for a price. Other times it happens in connection with a relationship with a third party with whom the shell controller wants [...]
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