Yilin Xu

Yilin Xu

Skadden, Arps, Slate, Meagher & Flom LLP

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SEC Approves Nasdaq Rule Change on Reverse Stock Splits and Minimum Bid Price Compliance Periods; NYSE Proposes a Similar Rule...

On October 7, 2024, the Securities and Exchange Commission (SEC) approved a rule change proposed by The Nasdaq Stock Market LLC that impacts companies utilizing reverse stock splits to regain compliance with Nasdaq’s minimum...more

11/14/2024  /  Capital Markets , Listing Rules , Nasdaq , New Rules , NYSE , Regulatory Agenda , Regulatory Requirements , Reverse Stock Splits , Securities and Exchange Commission (SEC)
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