Are there costs with keeping it alive and filed. If so are they flat or relative to the proposed value? We could think it’s doom and gloom but we’re one of the best performing airlines regarding profit right now so doom and gloom is less likely. Most likely reasons are related to costs, expectations of large profits and not wanting to share them, and the ability to remain very flexible in trying times.
Or it’s just not needed anymore...
- A reverse merger is when a private companybecomes a public company by purchasing control of the public company.
- When a company plans to go public through an IPO, the process can take a year or more to complete, but with a reverse merger, a private company can go public in as little as 30 days.