Legal Updates Update: Nasdaq’s Proposed $5 Million MVLS Rule and NYSE American’s Proposed Listing Standard: A Structural Shift for Small-Cap Issuers
As a follow up to our prior article, the Securities and Exchange Commission issued a release extending the period to approve, disapprove, or institute proceedings to determine whether to disapprove the proposed new continued listing standard requiring issuers with a class of securities listed on the Nasdaq Global and Capital Markets tiers to maintain at least $5 million in Market Value of Listed Securities (MVLS) (the “Proposed Nasdaq Rule”) from March 16, 2026 to April 2026.
Explore more