Insight

On April 17, 2020, the SEC granted immediate effectiveness to a Nasdaq proposal giving listed companies relief from compliance with Nasdaq’s listing requirements on bid price and market value of publicly held shares.  Under the proposal, Nasdaq is tolling the compliance period through June 30, 2020.  Throughout the tolling period, Nasdaq will continue to monitor compliance and to notify companies about new instances of non-compliance, and companies will remain subject to requirements to publicly disclose any new notifications.

If you have any questions, please contact Gunster securities law and corporate governance practice leader Bob Lamm



Related Professionals

Jump to Page

Gunster Cookie Preference Center

Your Privacy

When you visit our website, we use cookies on your browser to collect information. The information collected might relate to you, your preferences, or your device, and is mostly used to make the site work as you expect it to and to provide a more personalized web experience. For more information about how we use Cookies, please see our Privacy Policy.

Strictly Necessary Cookies

Always Active

Necessary cookies enable core functionality such as security, network management, and accessibility. These cookies may only be disabled by changing your browser settings, but this may affect how the website functions.

Functional Cookies

Always Active

Some functions of the site require remembering user choices, for example your cookie preference, or keyword search highlighting. These do not store any personal information.

Form Submissions

Always Active

When submitting your data, for example on a contact form or event registration, a cookie might be used to monitor the state of your submission across pages.

Performance Cookies

Performance cookies help us improve our website by collecting and reporting information on its usage. We access and process information from these cookies at an aggregate level.

Powered by Firmseek