Notice2024-22022
Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Withdrawal of a Proposed Rule Change To Amend Section 102.06 of the NYSE Listed Company Manual To Provide That a Special Purpose Acquisition Company Can Remain Listed Until Forty-Two Months From Its Original Listing Date if it Has Entered Into a Definitive Agreement With Respect to a Business Combination Within Three Years of Listing
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
September 26, 2024
Issuing agencies
Securities and Exchange Commission
Full Text
<html>
<head>
<title>Federal Register, Volume 89 Issue 187 (Thursday, September 26, 2024)</title>
</head>
<body><pre>
[Federal Register Volume 89, Number 187 (Thursday, September 26, 2024)]
[Notices]
[Pages 78949-78950]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-22022]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[Release No. 34-101126; File No. SR-NYSE-2024-18]
Self-Regulatory Organizations; New York Stock Exchange LLC;
Notice of Withdrawal of a Proposed Rule Change To Amend Section 102.06
of the NYSE Listed Company Manual To Provide That a Special Purpose
Acquisition Company Can Remain Listed Until Forty-Two Months From Its
Original Listing Date if it Has Entered Into a Definitive Agreement
With Respect to a Business Combination Within Three Years of Listing
September 20, 2024.
On March 27, 2024, the New York Stock Exchange LLC (``Exchange'' or
``NYSE'') filed with the Securities and Exchange Commission
(``Commission''), pursuant to Section 19(b)(1) of the Securities
Exchange Act of 1934 (``Exchange Act'') \1\ and Rule 19b-4
[[Page 78950]]
thereunder,\2\ a proposed rule change to amend Section 102.06 of the
NYSE Listed Company Manual to provide that a special purpose
acquisition company can remain listed until forty-two months from its
original listing date if it has entered into a definitive agreement
with respect to a business combination within three years of listing.
The proposed rule change was published for comment in the Federal
Register on April 10, 2024.\3\
---------------------------------------------------------------------------
\1\ 15 U.S.C. 78s(b)(1).
\2\ 17 CFR 240.19b-4.
\3\ See Securities Exchange Act Release No. 99906 (Apr. 4,
2024), 89 FR 25291 (``Notice'').
---------------------------------------------------------------------------
On May 22, 2024, pursuant to Section 19(b)(2) of the Exchange
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 July 9, 2024, 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\
---------------------------------------------------------------------------
\4\ 15 U.S.C. 78s(b)(2).
\5\ See Securities Exchange Act Release No. 100220 (May 22,
2024), 89 FR 46527 (May 29, 2024).
\6\ 15 U.S.C. 78s(b)(2)(B).
\7\ See Securities Exchange Act Release No. 100480 (July 9,
2024), 89 FR 57436 (July 15, 2024) (``OIP''). Comments received in
response to the OIP can be found on the Commission's website at:
<a href="https://www.sec.gov/comments/sr-nyse-2024-18/srnyse202418.htm">https://www.sec.gov/comments/sr-nyse-2024-18/srnyse202418.htm</a>.
---------------------------------------------------------------------------
On September 10, 2024, the Exchange withdrew the proposed rule
change (SR-NYSE-2024-18).
For the Commission, by the Division of Trading and Markets,
pursuant to delegated authority.\8\
---------------------------------------------------------------------------
\8\ 17 CFR 200.30-3(a)(12).
---------------------------------------------------------------------------
Vanessa A. Countryman,
Secretary.
[FR Doc. 2024-22022 Filed 9-25-24; 8:45 am]
BILLING CODE 8011-01-P
</pre></body>
</html>Indexed from Federal Register on September 26, 2024.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.