A capital pool company (CPC) is another possible solution for private companies to raise money and go public. The TMX Group created and regulates these companies on the TSX Venture Exchange. A capital pool company has experienced directors with capital, just no commercial operations when they applied for The Initial Public Offering (IPO). The Capital Pool Company directors goal is to acquire a new company, and when they do, the acquired company has access to the funds prepared by CPC.
A capital pool company (CPC) is another possible solution for private companies to raise money and go public. The TMX Group created and regulates these companies on the TSX Venture Exchange. A capital pool company has experienced directors with capital, just no commercial operations when they applied for The Initial Public Offering (IPO). The Capital Pool Company directors goal is to acquire a new company, and when they do, the acquired company has access to the funds prepared by CPC.
Comments
Post a Comment