Notice2022-09517
Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Withdrawal of Proposed Rule Change, as Modified by Amendment No. 2, to Adopt Listing Standards for Subscription Warrants Issued by a Company Organized Solely for the Purpose of Identifying an Acquisition Target
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
May 4, 2022
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 87 Issue 86 (Wednesday, May 4, 2022)</title>
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[Federal Register Volume 87, Number 86 (Wednesday, May 4, 2022)]
[Notices]
[Pages 26384-26385]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-09517]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-94810; File No. SR-NYSE-2021-45]
Self-Regulatory Organizations; New York Stock Exchange LLC;
Notice of Withdrawal of Proposed Rule Change, as Modified by Amendment
No. 2, to Adopt Listing Standards for Subscription Warrants Issued by a
Company Organized Solely for the Purpose of Identifying an Acquisition
Target
April 28, 2022.
On August 24, 2021, the New York Stock Exchange LLC (``NYSE'' or
``Exchange'') filed with the Securities and Exchange Commission
(``Commission''), pursuant to Section 19(b)(1) of the Securities
Exchange Act of 1934 (``Act'' or ``Exchange Act'') \1\ and Rule 19b-4
thereunder,\2\ a proposed rule change to adopt listing standards for
subscription warrants issued by a company organized solely for the
purpose of identifying an acquisition target. The proposed rule change
was
[[Page 26385]]
published for comment in the Federal Register on September 10, 2021.\3\
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\1\ 15 U.S.C. 78s(b)(1).
\2\ 17 CFR 240.19b-4.
\3\ See Securities Exchange Act Release No. 92876 (September 3,
2021), 86 FR 50748. Comments received on the proposal are available
on the Commission's website at: <a href="https://www.sec.gov/comments/sr-nyse-2021-45/srnyse202145.htm">https://www.sec.gov/comments/sr-nyse-2021-45/srnyse202145.htm</a>.
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On September 30, 2021, pursuant to Section 19(b)(2) of the Act,\4\
the Commission designated a longer period within which to approve the
proposed rule change, disapprove the proposed rule change, or institute
proceedings to determine whether to disapprove the proposed rule
change.\5\ On December 8, 2021, the Commission instituted proceedings
under Section 19(b)(2)(B) of the Exchange Act \6\ to determine whether
to approve or disapprove the proposed rule change.\7\
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\4\ 15 U.S.C. 78s(b)(2).
\5\ See Securities Exchange Act Release No. 93221, 86 FR 55662
(October 6, 2021). The Commission designated December 9, 2021 as the
date by which the Commission shall approve or disapprove, or
institute proceedings to determine whether to approve or disapprove,
the proposed rule change.
\6\ 15 U.S.C. 78s(b)(2)(B).
\7\ See Securities Exchange Act Release No. 93741, 86 FR 71111
(December 14, 2021).
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On March 1, 2022, the Exchange filed Amendment No. 2 to the
proposed rule change, which replaced the proposed rule change as
originally filed and superseded such filing in its entirety.\8\ On
March 2, 2022, the Commission published notice of Amendment No. 2 to
the proposed rule change.\9\ On March 4, 2022, the Commission extended
the period for consideration of the proposed rule change to May 8,
2022.\10\ On April 26, 2022, the Exchange withdrew the proposed rule
change (SR-NYSE-2021-45).
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\8\ Amendment No. 2 is available at: <a href="https://www.sec.gov/comments/sr-nyse-2021-45/srnyse202145-20118274-271197.pdf">https://www.sec.gov/comments/sr-nyse-2021-45/srnyse202145-20118274-271197.pdf</a>. On
February 17, 2022, the Exchange filed Amendment No. 1 to the
proposed rule change. The Exchange withdrew Amendment No. 1 on March
1, 2022.
\9\ See Securities Exchange Act Release No. 94349, 87 FR 13036
(March 8, 2022).
\10\ See Securities Exchange Act Release No. 94363, 87 FR 13779
(March 10, 2022).
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\11\
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\11\ 17 CFR 200.30-3(a)(12).
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J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2022-09517 Filed 5-3-22; 8:45 am]
BILLING CODE 8011-01-P
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</html>Indexed from Federal Register on May 4, 2022.
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