📈Nasdaq Proposes New Listing Requirements and Delisting Standards
The Nasdaq Stock Market proposes to modify initial and continued listing requirements, including increasing the minimum Market Value of Unrestricted Publicly Held Shares (MVUPHS) for companies listing under the net income standard. Additionally, companies with a market value below $5 million will face immediate delisting without a compliance period, aimed at enhancing market liquidity and protecting investors.
Learn More📈Nasdaq Proposes Changes to Listing Rules for de-SPAC Transactions
The SEC published a notice regarding Nasdaq's proposed amendments to initial listing requirements for de-SPAC transactions, aimed at aligning OTC trading SPACs with listed SPACs. The changes are designed to ensure consistent investor protections and improve market operations, simplifying the regulatory landscape for companies engaging in business combinations via SPACs.
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