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Sullivan & Worcester

Nasdaq Changes Rules Regarding Minimum Bid Price Compliance Periods and Restricts the Use of Reverse Stock Splits

Sullivan & Worcester on

The Securities and Exchange Commission (SEC) recently approved rule changes proposed by The Nasdaq Stock Market LLC that impact companies utilizing reverse stock splits to regain compliance with Nasdaq’s minimum bid-price...more

Stinson - Corporate & Securities Law Blog

NYSE Proposes Rule Changes to Provide COVID-19 Relief for Listed Companies

Stinson - Corporate & Securities Law Blog on

Relief From Shareholder Approval - As a result of COVID-19, the NYSE believes that it is likely that many listed companies will have urgent liquidity needs in the coming months due to lost revenues and maturing debt...more

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