Search Results for keywords:"Acquisition Companies"

The New York Stock Exchange (NYSE) has proposed a rule change to defer the billing of initial listing fees for Acquisition Companies by one year from their listing date. The Exchange believes this change is needed to stay competitive with primary competitor Nasdaq, which already has a similar deferral policy. Acquisition Companies uniquely deposit 100% of IPO proceeds into trust accounts, which makes early-stage fees burdensome. This deferral aims to encourage more of these companies to list on the NYSE without negatively impacting revenue or regulatory funding.

The Nasdaq Stock Market LLC has submitted a proposed rule change aimed at increasing all-inclusive annual listing fees for certain companies. These fees affect both domestic and foreign companies that list equity securities on the Nasdaq Global Select, Global, and Capital Markets. Effective January 1, 2025, these increases are intended to align fees with the value provided by listing on Nasdaq, taking into account the Exchange's increased costs and competitive positioning. Although the fee structure itself remains unchanged, the fee amounts for specific categories, such as Acquisition Companies, are proposed to be adjusted, while ensuring that all similar companies are charged uniformly.