ALERT: SEC Approves NASDAQ’s Proposed Rule Changes on an Expedited Basis
by Kristi Marvin on 2019-07-08 at 3:00pm

This is big deal….on Friday, July 5th, the SEC granted accelerated approval of the Nasdaq’s proposed rule change to their listing standards and this could significantly impact post-combination SPACs with low floats going forward. Especially since the accelerated approval means the changes are set to go effective as of August 5th…less than 30 days away.

Carol Anne Huff, from Kirkland & Ellis, who recently wrote a two-part series on the Nasdaq’s proposed rule changes, will be back again to break it all down for you in a forthcoming post.  While she’s putting together her thoughts on the matter, you can catch up on her analysis of the proposed changes via Part I and Part II, which are linked below.

We have a number of combination votes scheduled for July, so tune in to see how these SPACs could potentially be affected.

PART I PART II

 

Recent Posts
by Kristi Marvin on 2025-02-14 at 8:16am

At the SPAC of Dawn  Lost in the daily assault of A.I. company news are all of the “other” companies that were created in the past decade or so. The normies. These venture-backed companies that achieved unicorn status during the boom years of 2020 and 2021 have been sidelined and much has been discussed about...

by Kristi Marvin on 2025-02-14 at 6:50am

Quantum computing has been one of the hottest investment topics in the past two months and three of the leading listed companies in the space are de-SPACs. But, how close is quantum computing to generating real value and what capabilities are still years away? This week, we speak with Alan Baratz, CEO of D–Wave (NYSE:QBTS), which...

by Nicholas Alan Clayton on 2025-02-13 at 8:19am

At the SPAC of Dawn  The sudden burst of SPAC activity this week slowed down after the closing bell yesterday as the market faces a period sandwiched between CPI and PPI readouts. Yesterday’s CPI news and Fed Chair Jerome Powell’s comments before Congress did not provide an instant relief in terms of clarity on a...

by Kristi Marvin on 2025-02-12 at 5:34pm

Maywood Acquisition Corp. (NASDAQ:MAYAU) announced the pricing of its $75 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “MAYAU”, Thursday, February 13, 2025. Maywood will have a broad search focus and will pursue an initial business combination in any industry or geographic location. The team is led...

by Nicholas Alan Clayton on 2025-02-12 at 5:20pm

Artius II Acquisition Inc. (NASDAQ:AACBU) announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “AACBU”, Thursday, February 13, 2025. Artius II intends to search for a target company with a technology-enabled business with opportunities that have multiple vectors to create value post-combination....

logo

Copyright © 2023 SPACInsider, Inc. All Rights Reserved