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On September 3, local time, Nasdaq unveiled its proposed modifications to listing standards and submitted them to the U.S. Securities and Exchange Commission (SEC) for review. Upon approval, these revised standards will take immediate effect. The key changes include: For companies opting to list based on net profit criteria, the minimum market value of publicly held shares must now reach US$15 million, an increase from the previous threshold of US$5 million. Furthermore, the process for suspending and delisting companies with a market value of listed securities below US$5 million and those exhibiting listing deficiencies will be expedited. Notably, newly listed companies primarily operating in China will now be subject to a heightened minimum public fundraising requirement of US$25 million.
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