Cash shell: Difference between revisions
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* [[Reverse takeover]] | * [[Reverse takeover]] | ||
* [[Shell company]] | * [[Shell company]] | ||
* [[ | * [[SPAC]] | ||
* [[Special Purpose Entity]] | * [[Special Purpose Entity]] | ||
* [[Special purpose vehicle]] | * [[Special purpose vehicle]] | ||
Revision as of 15:18, 19 August 2021
Companies - special purpose vehicles - acquisitions.
A cash shell is a company whose assets are substantially, or entirely, cash or cash equivalents.
Some cash shells may have a strategy to seek an acquisition opportunity or to develop a business as a start-up.
Accordingly, there is some overlap between cash shell companies and Special Purpose Acquisition Companies (SPACs).
(Source - Financial Conduct Authority - Primary Market Technical Note 420 - updated August 2021)
