Understanding Nasdaq's Direct Listing with Capital Raise Amendment
This webinar provides an overview of the Direct Listing with Capital Raise rule and key differentiators. We are pleased that the SEC has approved Nasdaq’s proposal to optimize existing rules for a direct listing with a capital raise. This innovative new rule allows a company to sell shares in the opening auction on Nasdaq at a price outside of the range in their registration statement—up to 20% below and 80% above.