Date: November 5, 2025
Source:
https://www.sec.gov/files/rules/sro/nasdaq/2025/34-104058.pdf
Regarding the proposed rule changes submitted by Nasdaq on September 3, 2025, the matter is still under review by the U.S. Securities and Exchange Commission (SEC). The SEC has extended the review period to 90 days, and the final decision is expected to be announced around December 18, 2025. If approved, the new regulation will be implemented in phases, including a 30-day grace period and an accelerated delisting procedure.
If adopted, smaller companies, and particularly those based in China, will face higher thresholds to list and maintain their status on Nasdaq.
