NYSE Amends Shareholder Approval Rules
By EsqSocial Corporation 27/05/21
In April 2021, the Securities and Exchange Commission approved amendments to the New York Stock Exchange’s shareholder approval rules for related party issuances and the issuance of 20% or more of a company’s stock. The amendments bring the NYSE’s shareholder approval requirements into closer alignment with those of the Nasdaq and are similar to the temporary COVID-19 waivers of the NSYE's shareholder approval rules that expired in 2020 discussed in our earlier Viewpoints advisories....
By: Mintz - Securities & Capital Markets