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Nasdaq Suggests Revisions to Listing Criteria for Small IPOs and Chinese Firms
1 week ago /
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Author：小编
On September 3, local time, Nasdaq unveiled proposed amendments to its listing standards, submitting the revised regulations to the U.S. Securities and Exchange Commission for scrutiny. Upon approval, these new rules will become immediately enforceable. The core modifications encompass: elevating the minimum public shareholding market value requirement for newly listed companies adhering to net profit criteria from $5 million to $15 million; and expediting the suspension and delisting procedures for firms exhibiting listing deficiencies and maintaining a securities market value of less than $5 million.
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