Omvänt Förvärv, ett fenomen på First North
en studie i skillnader mellan bolags sätt att ta sig till Nasdaqs tillväxtmarknad
IPONasdaq First NorthReverse takeoverRTOMarket Cap.IPONasdaq First NorthOmvända förvärvRTOBörsvärde.
New companies go public through Nasdaqs growth market First North constantly. The reasons for going public are many, and the interest at the moment is big. There are different ways to go public, the most common being the traditional IPO. This study is about the companies that have been listed on Nasdaq First North between 2008 and 2013 through traditional IPO, or by RTO (reverse takeover).The differences between these two ways of going public are that the IPOs are reviewed more thoroughly by Nasdaq and the market. This makes the study interesting, as the RTOs go public in a faster way, and avoid the review from outside parties largely. In this study you will see whether there is a difference in investing in either group of companies, from a shareholders point of view.In the study, we establish that there is no difference in the performance between the two groups of companies. However, we do see clear differenes between the companies development, not from a share perspective, but in other interesting perspectives such as takeovers, listing changes, bankruptcy, and delistings.