Cash shell: Difference between revisions
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imported>Doug Williamson (Create page - source - Source - Financial Conduct Authority - Primary Market Technical Note 420 - updated August 2021 - https://www.fca.org.uk/publication/policy/ps21-10.pdf) |
imported>Doug Williamson (Add link.) |
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* [[Financial Conduct Authority]] (FCA) | * [[Financial Conduct Authority]] (FCA) | ||
* [[Operating company]] | * [[Operating company]] | ||
* [[Reverse takeover]] | |||
* [[Shell company]] | * [[Shell company]] | ||
* [[SPACs]] | * [[SPACs]] | ||
Revision as of 15:14, 18 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 (SAPCs).
(Source - Financial Conduct Authority - Primary Market Technical Note 420 - updated August 2021)
