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The Nasdaq Stock Market LLC submitted a proposal to the Securities and Exchange Commission (SEC) to change some of its rules for companies that want to list on its markets, particularly those that are doing an initial public offering or moving from another market. These rule changes would require that the necessary market value of publicly held shares come only from the proceeds of these offerings. The SEC has extended the time it will take to make a decision on whether to approve or disapprove these changes. The new deadline for the SEC's decision is March 30, 2025.

The Securities and Exchange Commission (SEC) has approved changes to the Nasdaq Stock Market's initial listing requirements on an accelerated basis. These changes require that companies listing on the Nasdaq Global Market or Nasdaq Capital Market through an initial public offering (IPO) meet a minimum market value of publicly held shares solely with the proceeds from the offering. Additionally, companies uplisting from the U.S. over-the-counter market will also need to meet this requirement using only IPO proceeds. The purpose of these changes is to enhance liquidity and stability for newly listed securities.