Reverse Merger
Reverse Merger. Means the transaction resulting in the shareholders of Buyer acquiring control of the OTC company and Buyer becoming a wholly-owned subsidiary of the OTC Company.
Found in
Next Graphite, Inc. contract
Reverse Merger. The merger of the Company into a Subsidiary of a corporation that is a Reporting Company (the "Resulting Parent"), with the shareholders of the Company exchanging their shares of the Company for shares in the Resulting Parent and the Company becoming a wholly owned Subsidiary of the Resulting Parent
Reverse Merger. The merger of the Company with a so-called "public shell company" as a result of which the Company becomes subject to the public reporting requirements of the Exchange Act.
Found in
eFleets Corp contract
Reverse Merger. Means the merger of the Company with a company whose shares are registered under the Securities Exchange Act of 1934, as amended, and whose shares are listed for traded on a securities exchange (an "Acquiror"), or a merger with an affiliate of such Acquiror.
Found in
Marathon Patent Group, Inc. contract
Reverse Merger. Shall have the meaning set forth in the Note Issuance Agreement.
Found in
NEWTOWN LANE MARKETING INC contract
Reverse Merger. A business combination transaction involving the Company and BBNA after which BBNA continues and survives but less than five percent (5%) of the combined voting power of the then-outstanding securities of BBNA immediately after such transaction are held, directly or indirectly, in the aggregate by the holders of securities entitled to vote generally in the election of directors of BBNA immediately prior to such transaction, as described in the Merger Agreement
All Definitions
Found in
Ocean Thermal Energy Corp contract