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📈Nasdaq Proposes Changes to Initial Listing Liquidity Requirements

The Securities and Exchange Commission published a notice regarding Nasdaq's proposed changes to modify initial listing liquidity requirements. These changes aim to require companies to satisfy Market Value of Unrestricted Publicly Held Shares based solely on the proceeds from their offerings, impacting initial public offerings and uplisting processes. The Commission is extending the review period for these changes, allowing time for consideration of the proposed rule.