Singapore Exchange to Roll Out Easier Rules for SPAC Listings: Report

Singapore Exchange is in advanced stages on unveiling new guidelines that will make it easier for SPACs to list in the city-state after receiving market feedback that some proposals were too strict, Reuters reports.

Singapore Exchange’s regulatory arm is considering easing a minimum $223.2 million market value proposal for SPACs and a proposal that warrants cannot be detached from underlying shares. Read more.

Total
0
Shares
Related Posts
Read More

Can a deSPAC be Used to Combat Counterfeit Shares and Naked Short Selling?

By identifying counterfeit shares, a stock acquisition can potentially combat naked short selling. When a company acquires another, it can require that all shareholders of record provide proof of ownership of their shares. This can help prevent short sellers from selling shares they do not own, since they would need to provide proof of ownership to participate in the acquisition.