Reverse Merger Shell Companies

Public shell companies used as reverse-merger vehicles, frequently subject to SEC enforcement and trading suspension.

LFLYW

Leafly Holdings, Inc. /DE

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CauseOther

Peak mkt cap—

Last day12 MAR 2025

LUNA

LUNA INNOVATIONS INC

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CauseOther

Peak mkt cap—

Last day18 FEB 2025

SIFY

SIFY TECHNOLOGIES LTD

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CauseOther

Peak mkt cap—

Last day07 JUN 2024

GMBL

ESPORTS ENTERTAINMENT GROUP, INC.

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CauseOther

Peak mkt cap—

Last day27 FEB 2024

DNP

DNP SELECT INCOME FUND INC

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CauseOther

Peak mkt cap—

Last day06 AUG 2019

CDTI

CDTI ADVANCED MATERIALS, INC.

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CauseOther

Peak mkt cap—

Last day26 NOV 2018

CBOE

Cboe Global Markets, Inc.

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CauseOther

Peak mkt cap—

Last day14 SEPT 2018

ARGO

Argo Group International Holdings, Inc.

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CauseOther

Peak mkt cap—

Last day04 MAY 2018

BE

LILIS ENERGY, INC.

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CauseOther

Peak mkt cap—

Last day08 MAY 2017

LEHMQ

Lehman Brothers Holdings Inc.

Lehman Brothers ceased trading on Sept 17, 2008 after Chapter 11 filing; common shareholders received zero recovery.

CauseBankruptcy

Peak mkt cap$60.4B

Last day17 SEPT 2008