For microcap investors

Listed shells scored as reverse-merger vehicles, with the insiders trading them.

Embarc scores listed companies on how closely they fit a reverse-merger shell, and adds their insider trades, Form 144 notices and 13D filers.

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From the filings

Where listed companies stand on the reverse-merger screen

In play
144
An 8-K Item 1.01 followed by a merger proxy (PREM14A, DEFM14A), an S-4 or a Rule 425 filing within six months; in play for 12 months after.
Stirring
477
A restructuring (8-K Item 2.05) or an outside Schedule 13D within 12 months.
Candidate
1,451
The default: a listed company with none of the signals below.
Converted
153
The merger completed: 8-K Items 2.01 and 5.01 in one filing, or a 2.01 followed by a name change within 30 days. The pre-merger company stays as a precedent.

What you can do

  • Screen listed companies by reverse-merger score
  • See insider trades and Form 144 notices together
  • Follow 13D activists across their positions

Plan: All, $200/mo ($500 list). See pricing

Create free account

Then try every plan free for 7 days. No card.