Month: August 2026
Nasdaq 23/5 Trading: What Changes for Corporate Actions – and What Doesn’t
By Liz Dunshee Nasdaq currently expects to begin 23/5 trading on December 6, 2026, subject to industry readiness and completion of related rule changes. The Governance Beat has a useful overview of Nasdaq’s FAQs on global trading hours. This post addresses a narrower question for Nasdaq-listed companies: Will Nasdaq’s expanded […]
Choosing Your Corporate Home: A Trade-Off Guide for Founder-Led Tech Companies
By Kealan Santistevan, Michael Mencher and Liz Dunshee This post is the first in a series updating our February 2026 comparative playbook on conflicted transactions in Delaware and Nevada. The original playbook explained how each state handles transactions involving insiders, investor-appointed directors and controlling stockholders – and outlined process steps […]
Nasdaq’s New Initial Listing Criteria for “China-Based Issuers”: Threshold Questions and Deal Considerations
By Liz Dunshee In my January overview of Nasdaq’s market-quality proposals, I flagged proposed heightened initial listing standards for companies based in China, Hong Kong and Macau, which Nasdaq refers to as “China-based Issuers.” The SEC approved the revised rule on May 14, 2026, and Nasdaq Rule 5210(l) became operative […]