Heard Of IAMXU & CIC.U, Recent IPOs Planning To Acquire Startups!

by Anura Guruge

Click to ENLARGE and read here. From ‘GlobeNewswire’.

Click to ENLARGE. From ‘MarketWatch’.

Just happened to hear about them, fleetingly, on CNBC on Monday morning, i.e., September 11, 2017.

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.

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Check Category ‘Investments’  >>>>

by Anura Guruge


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About Anura Guruge

See 'The Blogger' on my blog.

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