Notice
18 Feb 2025
regulation, securities, nyse, cash sales, shareholder approval
📈NYSE American Proposes Rule Change on Cash Sales and Shareholder Approval
The NYSE American LLC has proposed a rule change to amend Section 713 of its Company Guide. The change aims to redefine the pricing test for cash sales of securities that qualify for exemption from shareholder approval, clarifying that only cash sales at or above a newly defined minimum price will meet this exemption criteria.
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