In this long-form post published on LinkedIn Pulse and titled “Advantages of the Reverse IPO”, Ran Dimant of Katzenell Dimant presents two very good reasons for “smaller” companies to consider back door listing: neutralizing risk of failure and circumventing the criteria.
I had the pleasure of working with Ran and providing Editorial Services for this piece.
Ran Dimant is a Founding Partner of Katzenell Dimant and provides strategic and practical legal advice to public and private companies, equity crowdfunding platforms, startups, founders, investors and various business initiatives.
From the post: “Advantages of the Reverse IPO“:
“The phenomena of private companies going public through a process known as Reverse IPO, Reverse Takeover, Reverse Merger or Back Door Listing, is widespread, and on the Tel Aviv Stock Exchange it seems that more companies are opting to purchase existing listed companies rather than going for an initial public offering.
While the reverse IPO may impose the stigma of “not being good enough”, and ultimately being more costly than taking Main Street– there are some very strong arguments in favor of the “back door”, mostly obvious but some only known to experienced players in this field.”
Link to the full post