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Shell Corporation

A limited liability company and any business entity that has no significant assets or ongoing business activities/operations. Typically, shells have…

Foreign Shell Corporation

A shell corporation that conducts business transactions such as currency and asset transfers across the borders of its country of…

Backdoor Listing

A method of going public by merging with a public shell company. An unlisted company can become publicly traded through…

Domestic Shell Company

A shell company that conducts business transactions such as currency and asset transfers within the borders of its country of...

Reverse Triangular Merger

A reverse merger in which the public shell company forms a new shell subsidiary (wholly owned subsidiary), which is merged...