The document discusses an alternative method to becoming a public company through an initial business combination rather than a typical initial public offering (IPO). It outlines the financial position and strategy for effecting the initial business combination, including the use of cash, debt, or equity securities. The document also mentions the potential benefits of becoming public, such as greater access to capital and management incentives. It specifies that the NASDAQ rules require the business combination to have a fair market value of at least 80% of the trust account balance.
documents/vol00010-efta01366354-pdf.pdf
{"document_date":"2015-07-27","document_type":"financial","document_subtype":"business combination prospectus","reference_numbers":["DB-SDNY-0057880","SDNY_GM_00204064","EFTA01366354"]}