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Nasdaq Proposes Stricter Delisting Rules for Low-Priced Stocks

Nasdaq is proposing accelerated compliance and delisting timelines for all companies that do not comply with its minimum bid price requirement Additionally, under the proposed rule, if a company has implemented a reverse...more

Proposed Amendments to DGCL Include Amendment to Required Vote Threshold for Certain Charter Amendments

On May 16, 2023, the Delaware State Senate passed a bill proposing several amendments (the "2023 Amendments") to the General Corporation Law of the State of Delaware (the “DGCL”), including an amendment to Section 242 that...more

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