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  2. The Nasdaq Listing Center also provides a wealth of resources to facilitate company compliance with Nasdaq’s ongoing listing requirements, including a comprehensive list of FAQs. Questions ...

  3. listingcenter.nasdaq.com › rulebook › nasdaqNasdaq Listing Center

    Initial Listing of Primary Equity Securities. A Company applying to list its Primary Equity Security on the Capital Market must meet all of the requirements set forth in Rule 5505 (a) and at least one of the Standards in Rule 5505 (b). (a) Initial Listing Requirements for Primary Equity Securities: (1) (A) Minimum bid price of $4 per share; or.

  4. NASDAQ does not use this value to determine compliance with the listing requirements. Black Diamond Therapeutics, Inc. Common Stock (BDTX) Stock Quotes - Nasdaq offers stock quotes...

  5. listingcenter.nasdaq.com › rulebook › nasdaqNasdaq Listing Center

    Dec 3, 2020 · (2) For a security that has not had sustained recent trading in a Private Placement Market prior to listing, Nasdaq generally requires a Valuation that meets the requirements of Listing Rules IM-5315-1(e) and (f) evidencing a price, Market Value of Listed Securities and Market Value of Unrestricted Publicly Held Shares that exceeds 200% of the ...

    • Background
    • Nasdaq Approved Rules
    • Primary Direct Listing Auction Procedures
    • Nasdaq Proposed Rules to Permit Greater Pricing Flexibility
    • Standard Application of Securities Law Liabilities and Safe Harbors

    Since 2018, both the NYSE and Nasdaq have permitted direct listings as an alternative route to going public in cases where companies do not issue new shares or raise capital for themselves, but instead register existing shares of previous investors through resale registration statements. Though direct listings offer certain advantages over traditio...

    Nasdaq’s rules on primary direct listings are substantially similar to those of the NYSE. Key requirements of a Nasdaq primary direct listing include: Listing on the Nasdaq Global Select Market: Issuers must satisfy the applicable Nasdaq Global Select Market initial listing requirements, including having a minimum of either 2,200 total shareholders...

    A Nasdaq primary direct listing will be conducted through an opening auction, with prices set via the Nasdaq Halt Cross. As a preliminary step, a company will issue a Company Direct Listing Order (CDL Order), a new type of order exclusive to direct listings. A CDL Order must be for the full number of shares subject to direct listing, as disclosed i...

    The current process and pricing requirements for Nasdaq direct listings are substantially similar to those imposed by the NYSE, though different terminology is used. Nasdaq’s initial proposalon primary direct listings would have permitted the opening bid price to be up to 20% lower than the price range disclosed in the registration statement. Thoug...

    Existing securities law liabilities and safe harbors continue to apply in the direct listing context. While an underwriter does not participate in a direct listing, financial advisors serve a similar, but more limited role. The SEC has cautioned that existing securities regulations may result in a financial advisor being deemed a statutory underwri...

  6. Sep 6, 2023 · This article will delve into the implementation of these new clawback rules and explore the decisions that companies listed on the NYSE and Nasdaq stock exchanges need to make to satisfy the listing requirements and ensure strong corporate governance. One Policy or Two?

  7. listingcenter.nasdaq.com › rulebook › nasdaqNasdaq Listing Center

    This Rule Series 5000 (consisting of Rules 5000-5999) contains rules related to the qualification, listing and delisting of Companies on The Nasdaq Stock Market. The Rule 5100 Series (consisting of Rules 5100-5199) discusses Nasdaq's general regulatory authority. The Rule 5200 Series (consisting of Rules 5200-5299) sets forth the procedures and ...