Nasdaq Proposes Stricter Listing Standards
Nasdaq Inc. announced new listing standards on Wednesday, introducing a $15 million minimum market value requirement for companies to list and remain on its exchanges.
Higher Bar for Chinese Companies
Companies operating primarily in China will face a higher threshold, needing to raise at least $25 million in public offering proceeds to qualify for listing.
Accelerated Delisting Process
Nasdaq also proposed an accelerated process for suspending and delisting companies that are both deficient in listing requirements and have a market value below $5 million.
Transition Period for Current Applicants
Companies currently undergoing the initial listing process will be given 30 days to complete their applications under existing standards before the new rules take effect.
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