Reverse Mergers/Alternative IPOs/Shell Companies.

Have an Analyst offer (lateral) for a bank that is very active in the reverse merger space. They represent publicly listed companies (Nasdaq/NYSE) looking to spin their operations off into a private entity while finding a new suitor for their public listing. They also represent the private company side looking to go public through an alternative IPO process, slotting into the shell of current, publicly listed companies.

Does anybody know/have any experience with these transaction structures and whether it would it be a solid opportunity to develop a desirable skill set? Seems like there has been a lot of spill over from SPACs and companies are realizing they can go public this way as well.

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