Market regulation · 29/05/2024Updated: 10/16/2026 · 1 min read
Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Designation of a Longer Period for Commission Action on Proposed Rule Change To Amend Section 102.06 of the NYSE Listed Company Manual To Provide That a Special Purpose Acquisition Company Can Remain Listed Until Forty-Two Months From Its Original Listing Date if It Has Entered Into a Definitive Agreement With Respect to a Business Combination Within Three Years of Listing
Summary
The New York Stock Exchange LLC has proposed a rule change to allow special purpose acquisition companies to remain listed for up to 42 months if they enter into a definitive agreement for a business combination within three years of listing.
Original source language: Federal Register — SECOpen original release →