Blank Check Companies financial definition of Blank Check Companies. Blank Check Companies finance term by the Free Online Dictionary.

Blank-Check Company

A company that has not yet defined its business operations. Blank check companies issue penny stocks; the funds raised through a blank check offering must usually be placed in an escrow account until certain conditions have been met. Because a blank check company has not begun or even defined its operations, it effectively asks investors to trust it. Blank check companies are therefore subject to extra regulation to protect these investors from the possibility that the company is a fraud. In any event, investing in a blank check company is always speculative.

blank-check company

A company that issues penny stock in order to finance its involvement in establishing a business in which principal operations have not yet commenced. The company either has no business plan or plans to engage in a merger or acquisition with an unspecified business entity. Essentially, the company is given a blank check with regard to investors' money. Blank-check companies are required to provide certain information prior to and after the registration of securities. In addition, funds received from a penny stock offering must be placed in an escrow account for the benefit of the purchaser. See also Rule 419.

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Blank Check Offering Rule 419 Special Purpose Acquisition Company	The Company has been informed by the Exchange that a similar letter was sent to all of its listed companies, including blank check companies, that did not hold an annual meeting in 2008. Global Consumer Acquisition Corp. Receives Notice From Exchange ... by PR Newswire The sponsors of most blank check companies retain a greater interest in the company, and there are other aspects of the structure--such as the two-tier price between warrants and shares--that result in less dilution for shareholders. Fisher Scientific veterans launch 'blank check' IPO by Sanders, Bob / New Hampshire Business Review Proposal Number One, to permit the continuance of the Company as a corporation without the restrictions relating to blank check companies, was approved by a vote of 13,096,144 for and 1,444,035 against the Proposal. Santa Monica Media Corporation Shareholders Vote to Liquidate the ... by Business Wire	Black Market Black Market Exchange Rate black mold Black Monday Black Money Black Plate Black Scholes Model Black Thursday Black Tuesday Black Wednesday Black's Guide Black-Box Accounting Black-Derman-Toy Model Black-Plate Change Black-Scholes Option-Pricing Model Blackacre Blackberry Blackboard Trading Blackmail Blackout Blackout Period blacktop Blair House Agreement Blank Bill Blank Check Blank Check Companies Blank Check Offering Blank Check Preferred Stock Blank Stock Blank Transfer Blank-Check Company blanket Blanket Appropriation Blanket Bond Blanket Certificate of Origin Blanket Certification Form Blanket Contract Blanket Crime Policy Blanket Fidelity Bond Blanket Honesty Bond Blanket Insurance Blanket inventory lien Blanket Lien Blanket Limit Blanket Medical Expense Insurance Blanket Mortgage Blanket Position Bond Blanket Purchase Order Blanket Rate Blanket Recommendation Blankozesion	Blank (Scrabble) Blank (Scrabble) Blank (Scrabble) blank allele blank allele blank allele Blank Alternate Code Word blank arcade Blank bar Blank bar Blank Bill Blank Bills blank bit Blank Canvas Name Blank Carbon Copy blank carburizing blank cartridge blank cartridge blank cartridge blank cartridge blank cartridges blank cartridges blank cartridges blank cartridges blank casing blank cell blank character blank check blank check blank check Blank Check Companies Blank check company Blank check company Blank check offering Blank Check Offerings Blank Check Preferred Stock Blank Check Preferred Stocks blank checks blank checks blank cheque blank cheque blank cheques blank cheques Blank deed Blank Detail Specification Blank door Blank door Blank Endorsed Blank Endorsed blank endorsement blank endorsement blank endorsement Blank Endorsements Blank Endorsements Blank Facial Expressions Blank Fidelity Bond Blank Fidelity Bonds Blank Firing Adapter Blank Firing Attachment Blank Firing Impact Grenade blank flange

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Blank Check Offering
Rule 419
Special Purpose Acquisition Company

The Company has been informed by the Exchange that a similar letter was sent to all of its listed companies, including blank check companies, that did not hold an annual meeting in 2008.

Global Consumer Acquisition Corp. Receives Notice From Exchange ... by PR Newswire

The sponsors of most blank check companies retain a greater interest in the company, and there are other aspects of the structure--such as the two-tier price between warrants and shares--that result in less dilution for shareholders.

Fisher Scientific veterans launch 'blank check' IPO by Sanders, Bob / New Hampshire Business Review

Proposal Number One, to permit the continuance of the Company as a corporation without the restrictions relating to blank check companies, was approved by a vote of 13,096,144 for and 1,444,035 against the Proposal.

Santa Monica Media Corporation Shareholders Vote to Liquidate the ... by Business Wire

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