Erin Fogarty

Erin Fogarty

December 09, 2022 | Daily Business Review

Primary Direct Listings: NASDAQ's Redirected Efforts to Opening Public Markets

In an ongoing effort to improve access to capital markets, NASDAQ recently filed the second amendment to its proposed primary direct listing rule. If approved, the new rule could create a more viable route to the public markets for companies, especially as the SEC proposes heavier regulation of SPACs and the costs associated with traditional IPOs remain significant.

By Erin Fogarty and David McDonald

5 minute read