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Letterpenny

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Letterpenny

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Saturday, 02/03/2024 12:44:45 AM

Saturday, February 03, 2024 12:44:45 AM

Post# of 13962
The NASDAQ and NYSE exchange listing rules impose a 36-month time limit as a condition to being listed on those exchanges, and the market practice has routinely accepted at least a 24-month period to complete a de-SPAC transaction (though we acknowledge that there may be situations where a well-advised SPAC decides to move its trust account to cash to take pressure off a longer than expected duration to achieve its business objective of closing a de-SPAC transaction).
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