APO How It Works ?
APO How It Works ?
The transaction involves the private and shell company exchanging information on each other, negotiating the merger terms, and signing a share exchange agreement.
At the closing, the shell company issues a substantial majority of its shares and board control to the shareholders of the private company. The private company's shareholders pay for the shell company by contributing their shares in the private company to the shell company that they now control.
This share exchange and change of control completes the reverse takeover, transforming the formerly privately held company into a publicly held company.
At the closing, the shell company issues a substantial majority of its shares and board control to the shareholders of the private company. The private company's shareholders pay for the shell company by contributing their shares in the private company to the shell company that they now control.
This share exchange and change of control completes the reverse takeover, transforming the formerly privately held company into a publicly held company.