A Case Study On The Reverse Acquisition Of Wasu Media Holding Co.,ltd.

Reverse takeover is an important choice for companies to prepare for the market,as this listing is different from traditional IPO(initial public offering),compared with the IPO with a long time to go to the listing,requiring a lot of advantages,so by a lot of people attention.Generally speaking,in the financial crisis and other capital market downturn,many risk defensive capabilities of the listed companies have been affected by the macroeconomic spread,financial risk is often amplified,or even reduced to ST companies,in the actual operation of these companies have become In the case of indirect listing of non-listed companies through the target shell company.Shell companies because of changes in the economic environment is in the difficult stage of business,so the face of these for the backdoor non-listed companies attitude is relatively positive,but also in order to protect the interests of shareholders and efforts to promote mergers and acquisitions activities.Of course,although in this M&A activity in both sides are more optimistic and positive attitude,but the reverse after the listing of-the effect is not necessarily the same as the two sides envisaged.In fact,there are many enterprises in the reverse acquisition after the listing because of various reasons leading to business failures of the case,so the evaluation of the listing of the case also need more information to improve the case in order to draw more detailed,more scientific Evaluation results.Based on the research contents of scholars home and abroad,this paper summarizes the related aspects of shell resources and post-market performance in the process of reverse acquisition and listing,and understand some main concepts and related aspects related to the way of reverse acquisition and listing theory.In order to show the contents of the reverse acquisition listing more fully,the study represents the operating process and the related risks.In order to improve the scientific and rationality of the research results,we adopt the method of combining literature research and case study The To the number of media reverse acquisition*ST Jiarui listed this case as the main content of the number of media to reverse the listing of the conditions and advantages of the media to elaborate,combined with their own situation,government-related policies,socio-economic environment,analysis The number of media in the reverse acquisition*ST Jiarui's motivation,followed by the selection of Wasu Media Holding Co.,ltd.before and after the listing of financial performance indicators for horizontal,vertical comparative analysis,the overall evaluation of the number of media listed on the results,summed up the success of the number of media listed on the nmarket Experience,and according to the case study,for the listed companies to choose reverse to take the listing of the way to provide some operational guidance for reference.