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LEGAL TERMS DIRECTORY
A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z Blind Pool A public company which has raised money without a specific purpose. This was a popular method for private companies to "go public" in the 1980's. Usually the merge was done with a reverse split of the shares of the blind pool followed by the issuance of shares to acquire the private company. Or, public offerings also known as "blank check." These offerings are made without any specific business plan or purpose described for use of the offering proceeds. Normally, the business purpose of the company is to effectuate a merger or acquisition with an as-yet-to-be-specified company. Welcome to our Legal Directory
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Legal & Compliance, LLC 330 Clematis Street, Ste. 217 West Palm Beach, FL 33401 Phone: 800-341-2684 Local: 561-514-0936 Fax: 561-514-0832 E-mail: LauraAnthonyPA@aol.com www.PublicCompanyCompliance.com |