On August 8, 2024, the Nasdaq Stock Market LLC (“Nasdaq”) submitted a proposal to amend its rules regarding penny stocks (i.e., stocks trading below a $1.00 minimum bid price) to make it easier for Nasdaq to delist them....more
Amid intense focus on investor liquidity (and paths to potential liquidity) in private companies, we provide an update on developments around direct listings as an alternative to traditional IPOs in the United States.
On...more
9/4/2020
/ Capital Raising ,
Direct Listing ,
Exit Strategies ,
Initial Public Offering (IPO) ,
Investors ,
Nasdaq ,
NYSE ,
Popular ,
Private Company Shares ,
Privately Held Corporations ,
Rulemaking Process ,
Securities and Exchange Commission (SEC) ,
Shareholders ,
Underwriting ,
Venture Capital