MTTN
Industry:
Capital Markets

DESCRIPTION

Los Altos Ventures is a blank check shell company formed to identify and complete a merger or acquisition with an existing operating business. The company has no commercial operations, revenue, products, or customers, and employs no personnel beyond its two officers and directors. Los Altos Ventures' primary business strategy is to complete a reverse merger, allowing a private operating business to achieve public listing status without conducting an initial public offering. The company anticipates structuring an acquisition as an equity transaction by issuing shares to the target company's owners, resulting in a change of majority control. Los Altos Ventures expects to fund its ongoing administrative, SEC reporting, and transaction-related expenses through loans and investments from its stockholders and management. The company's officers are associated with Montrose Capital Partners, a venture capital firm focused on biotechnology, pharmaceuticals, medical devices, robotics, and technology, and Los Altos Ventures intends to utilize this relationship to identify and evaluate acquisition targets.

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