Obsidian, Galera to advance cell therapy following reverse merger

The combined company will trade on the Nasdaq under the ticker OBX. It has also secured commitments for a private placement ...
JD Supra

SEC Approves Nasdaq Proposal to Amend Initial Listing Requirements for de-SPAC Transactions

On December 8, 2025, the Securities and Exchange Commission (“SEC”) approved proposed rule changes submitted by The Nasdaq Stock Market LLC (“Nasdaq”) that exempt certain over-the-counter ...
JD Supra

Going Public: Business Combination with a SPAC vs. Reverse Merger with a Non-SPAC Shell Company

A special purpose acquisition company (SPAC) is a blank-check company with no business operations, formed to raise capital through an initial public offering (IPO) for the purpose of effecting a ...
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Tron Stock Slides In Nasdaq Debut After Reverse Merger With SRM

Shares of Tron (TRON) began trading on the Nasdaq on Thursday following a $100 million reverse merger with SRM Entertainment (SRM), marking the blockchain company’s public debut under the ticker ‘TRON ...