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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The New York Stock Exchange (NYSE) has withdrawn a proposed rule change that would allow special purpose acquisition companies (SPACs) to remain listed for up to 42 months from their original listing date if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.

Original source language: Federal Register — SECOpen original release →

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