Netcapital Says SEC Has Stayed Nasdaq's New $5M Market Value Delisting Rule Pending Full Commission Review; Rule Not Currently In Effect
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Why It Matters
A new rule that would kick companies off Nasdaq if their value drops below $5 million has been paused while the SEC (stock market regulators) takes another look at it. This gives companies more time before that rule might actually start working.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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