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Public Company Advisory News Roundup: SEC Division Issues Order Approving Nasdaq’s New $5 Million Market Value Continued Listing Requirement; Order Subsequently Stayed

The latest issue of the Goodwin Public Company Advisory News Roundup has been posted, covering the period from July 20, 2026 – July 30, 2026. The Roundup highlights the latest developments in SEC and stock exchange regulatory activity, corporate governance and other topics relevant to public company counseling and compliance. We address…

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SEC Stay Puts Nasdaq's New $5 Million MVLS Listing Standard on Hold

On July 29, 2026, Nasdaq’s new continued listing requirement requiring companies to maintain at least $5 million in Market Value of Listed Securities (MVLS) was automatically stayed. The rule, which the SEC approved on July 22, would have required companies whose MVLS remained below $5 million for 30 consecutive business…

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SEC Approves Nasdaq’s New $5 Million Market Value Continued Listing Requirement

On July 22, 2026, the SEC approved Nasdaq’s proposal (Release No. 34-105971) to adopt a new continued listing requirement based on Market Value of Listed Securities (“MVLS”). Under new Nasdaq Rules 5450(a)(3) and 5550(a)(6), companies listed on the Nasdaq Global Select Market, Nasdaq Global Market, and Nasdaq Capital Market must…

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SEC Announces Roundtable on 24-Hour Equity Trading

On July 23, 2026, the SEC announced that it will host a public roundtable on September 17, 2026, to discuss preparations for potential 24-hour trading in the U.S. equity markets. The roundtable will focus on overnight trading infrastructure, market operations and resiliency, and the opportunities and challenges associated with expanding…

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SEC Staff Issues Exemptive Order for Tender of Exchange Offers for Non-Convertible Debt

In April, the Office of Mergers and Acquisitions of the SEC’s Division of Corporation Finance issued an exemptive order providing issuers and, in some cases, third party bidders with the flexibility to shorten the time period during which tender offers for equity securities must be open from 20 to 10…

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Public Company Advisory News Roundup: SEC Proposes Significant Changes to the Registered Offering Framework

The latest issue of the Goodwin Public Company Advisory News Roundup has been posted, covering the period from May 11, 2026 – May 21, 2026. The Roundup highlights the latest developments in SEC and stock exchange regulatory activity, corporate governance and other topics relevant to public company counseling and compliance. We address…

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SEC Proposes to Rescind the Climate-Related Disclosure Rules

Over two years after they were adopted, the SEC has now proposed to rescind its climate-related disclosure rules. The SEC adopted its climate-related disclosure requirements in March 2024, and those rules were subsequently challenged in proceedings that were consolidated in the U.S. Court of Appeals for the Eighth Circuit. In March 2025,…

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Client Alert on the SEC’s Proposed Changes to the Registered Offering Framework

We published on our client alert on the SEC’s proposed amendments to the Securities Act registration framework that are intended to modernize and streamline the registered offering process. Highlights include: SEC proposes significant amendments to modernize and streamline the registered offering framework under the Securities Act. The proposed amendments would significantly…

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SEC Proposes to Simplify Filer Status for Public Companies

On May 19, 2026, the SEC proposed amendments to its rules and forms that would simplify the filer status determinations for public companies and expand the disclosure accommodations available for many public companies. Under the proposed amendments, the threshold for “large accelerated filer” status would be raised from $700 million…

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SEC Proposes Amendments to Permit Optional Semiannual Reporting by Public Companies

The SEC proposed amendments (summarized in this Fact Sheet) that would allow public companies to elect to file semiannual reports on new Form 10-S, rather than filing quarterly reports on Form 10-Q. The SEC also proposed amendments to the financial statement reporting requirements of Regulation S-X and other rules and…

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