What is a back door listing?

When companies want to grow their business, they may undertake an IPO. However, IPOs are very costly and some companies it may not have the funds for this to be an option. Backdoor listing is another approach a company can take if they are looking to obtain capital. Here we explain what a backdooring listing is, the pros and cons, and provide examples of successful backdooring listings. Definition A back door listing is a way a company can list on …

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