Subscribe

  • How Can We Help You?

    Global Problem Solving from Covington: Deal with Complex Problems Anywhere in the World

Managing COVID-19: Nasdaq Temporary Shareholder Approval Relief

Alert

In response to the ongoing impact of the COVID-19 outbreak, Nasdaq has adopted temporary relief through June 30, 2020 from shareholder approval requirements pertaining to the so-called “20% rule.” The relief is effective immediately and intended to give Nasdaq-listed companies additional flexibility to raise capital through private placements in situations where the need for the transaction is due to circumstances related to COVID-19. This alert discusses this temporary relief.

View More

Share links:

Share links:

Related Professionals

Related Practices

Related Offices

Related Regions

Related News & Insights