The last three quarters have seen a rebirth of initial public offerings by special purpose acquisition corporations (“SPAC”) brandishing new features and creative solutions to the problems that contributed to the demise of the SPAC market in 2008. National securities exchanges have responded with new rules to facilitate new listings for SPACs.
Background
A SPAC is a blank-check [...]
In July 2010, NASDAQ OMX began permitting companies applying for listing in US markets to submit Listing Applications via its online Listing Center, moving toward its stated goal of migrating all paper-based forms to its electronic platform. Currently the Listing Center supports the electronic submission of Listing Applications and Listing of Additional Shares Notifications. The Listing [...]
Going accessible in this address is ideal for companies that may not be ample abundant to allure an advocate for an IPO and those that don’t charge to accession basic immediately. They wish to go accessible because of the abounding allowances that getting a accessible aggregation offers such as added valuation, application accessible banal as [...]