A New Roadblock To Reverse Mergers

Law360, New York (August 24, 2011, 11:38 AM EDT) -- Soon it may just be a little harder to go public through a reverse merger transaction. The U.S. Securities and Exchange Commission published proposed rule changes from both the New York Stock Exchange and NYSE Amex on Aug. 4, 2011, that, if approved, may make you reconsider the reverse-merger route and probably makes the shell-company industry wince.

Both the NYSE and NYSE Amex in late July 2011 filings proposed additional listing requirements for companies completing a reverse merger with a shell company. As outlined in the...
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