Market regulation · 26/09/2024Updated: 10/16/2026 · 1 min read
NYSE Withdraws Proposed Rule Change for Special Purpose Acquisition Companies
Summary
The New York Stock Exchange (NYSE) has withdrawn a proposed rule change that would allow special purpose acquisition companies (SPACs) to remain listed for up to 42 months from their original listing date if they enter into a definitive agreement for a business combination within three years of listing.