Heard Of IAMXU & CIC.U, Recent IPOs Planning To Acquire Startups!
They actually call themselves ‘Blank Check Companies‘. They did an IPO and raised $50 Million — which isn’t much. What they now plan to do is to, in effect, do a reverse merger. Enable a ‘start-up’ to go public without the hassle and risk of an IPO.
At $10/share it is tempting. They could hit big. I might have to have a flutter.
Just letting YOU know.
++++ Check Category ‘Investments’ >>>>