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by TheSpiceIsLife 3191 days ago
I'm only a casual observer of the financial realm, and thusly hadn't heard of a reverse-IPO.

A reverse takeover or reverse merger takeover (reverse IPO) is the acquisition of a public company by a private company so that the private company can bypass the lengthy and complex process of going public.

1. https://en.wikipedia.org/wiki/Reverse_takeover