Comments on NYSE Rulemaking
Notice of Filing of Proposed Rule Change to Amend the Listed Company Manual for Special Purpose Acquisition Companies to Lower the Initial Holder Requirement From 300 to 150 Round Lot Holders and to Eliminate Completely the 300 Public Stockholders Continued Listing Requirement, to Require at Least $5 Million in Net Tangible Assets for Initial and Continued Listing, and to Impose a 30-Day Deadline to Demonstrate Compliance with the Initial Listing Requirements Following a Business Combination
[Release No. 34-82180; File No. SR-NYSE-2017-53]