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Update on NYSE Shareholder Approval Requirements: Waiver Extension and Proposed Amendments

March 09, 2021 (1 min read)

The New York Stock Exchange extended through March 31, 2021 the waiver of certain shareholder approval requirements applicable to related-party issuances and private placements of more than 20% of a listed company’s common stock. It has also proposed amendments to its rules that mirror these amendments. Review this article to learn about the waiver and the proposed rules.

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