[tobyjsullivan]

Just for my own edification, is the suggestion here that a reverse takeover is inherently dishonest? I'm asking out of genuine ignorance.

I read up on reverse mergers a while ago and couldn't get a read one way or the other - felt kinda similar to a direct listing (which I understand even less). Anecdotally, the company that was considering doing it seemed suss af.

[wbl]

It's a way to avoid the scrutiny of most paths to take a company public. See also the billion dollar deli.