TMX Group
Shell Companies and Reverse Takeovers (RTOs): How They Work
“Shell company” sounds like a red flag the moment you hear it. Empty corporate structure, no real business inside, sitting there waiting for something to happen. And in the world of small-cap Canadian markets, that’s often exactly what it is, and exactly why it’s useful. A shell isn’t inherently a scam vehicle. It’s a tool.…
How a Company Gets Listed: CSE vs. TSXV vs. Graduating to TSX
Most small caps on the TSXV didn’t get there through a traditional IPO. They got there through something called a Capital Pool Company, a shell with nothing in it but cash, built for the sole purpose of finding a business to acquire. That sounds strange written out plainly. It’s also completely normal, heavily regulated, and…
