Blog: NYSE proposes to amend shareholder approval requirements
By EsqSocial Corporation 05/01/21
The NYSE is proposing to relax the requirements for shareholder approval of related-party equity issuances and bring them closer into alignment with the comparable Nasdaq rules. The proposal, which would amend Sections 312.03, 312.04 and 314.00 of the NYSE Listed Company Manual, would provide more flexibility to raise capital and includes modifications that are identical to the temporary waiver in effect during the COVID-19 crisis....
By: Cooley LLP