23 Jan 2025
📉Nasdaq Approves New Bid Price Compliance Regulations
Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Order Granting Approval of a Proposed Rule Change To Modify the Application of the Minimum Bid Price Compliance Periods and the Delisting Appeals Process for Bid Price Non-Compliance in Listing Rules 5810 and 5815 Under Certain Circumstances
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule changes by Nasdaq regarding bid price compliance affect companies listed on the exchange, introducing stricter delisting processes, particularly for companies that have faced repeated non-compliance. This directly impacts business owners whose firms may face delisting, affecting their market presence and access to capital.