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Virgin Shell

A company that is in the development state. In its business plan, the company’s aim is to merge with some...

Bankrupt Shell Company

A public shell company that has been formed either through issuance of shares following a bankruptcy (these shares are publicly...

Grandfathered Shell

A shell company or a blank check which was crated and taken public prior to the passage of Rule 419...

Domestic Shell Company

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

Cash-and-Carry Shell

A shell company that is offered for sale in return for cash. Usually, this is the case when the owners...

Reverse Triangular Merger

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

Trading Shell Company

A shell company whose common stock may be publicly bought and sold on an established market (organized exchange). A trading...