MarketPulse

free-float requirement

2 articles
BenzingaBenzinga··Badar Shaikh

SpaceX IPO Could Trigger $27B in Forced ETF Buying as Nasdaq Rule Changes Draw Legal Fire

SpaceX IPO could force $27 billion in ETF buying under new Nasdaq rules eliminating free-float requirements, sparking lawsuit warnings.
SOFIHOODS&P 500Nasdaq 100
BenzingaBenzinga··Badar Shaikh

Nasdaq Fast-Tracks Giant IPOs: SpaceX Could Join Index in Record 15 Days

Nasdaq rule changes enable mega-cap IPOs like SpaceX to join the Nasdaq 100 in 15 days by removing free-float requirements and adjusting valuation calculations.
NDAQmarket capitalizationSpaceX IPO