Nasdaq has proposed new enhancements to its listing standards, including a $15 million minimum market value of public float for new listings and a $25 million minimum public offering proceeds requirement for new listings of companies principally operating in China. These updates aim to protect investors and market integrity, reflecting market realities and evolving dynamics over time. Nasdaq is also strengthening investor protections by reintroducing a minimum public offering proceeds requirement specifically for companies operating in China. These changes follow proactive reviews of trading activity and aim to safeguard market integrity and enhance investor protections.

Read more at GlobeNewswire: Nasdaq Proposes Changes to its Listing Standards