Inside Shift's reverse IPO: diverging from the norm | Auto Finance News | Auto Finance News

Inside Shift’s reverse IPO: diverging from the norm

© Can Stock Photo / stu99

Shift, an e-commerce platform for the purchase and sale of used vehicles, set its sights on becoming a publicly traded company in the third quarter, but the online marketplace isn’t following the traditional paths of its predecessors. Instead of an initial public offering, Shift will go public through a reverse merger, or reverse IPO process, […]

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