Post-business-combination listing compliance requires prompt disclosure, timely eligibility satisfaction, continuous disclosures and one-year shareholding lock-ups. Resultant entities formed upon completion of a SPAC business combination must immediately disclose transaction details to recognised stock exchanges, meet ... Summary
International Financial Services Centres Authority (Listing) Regulations, 2024
Resultant entities formed upon completion of a SPAC business combination must immediately disclose transaction details to recognised stock exchanges, meet listing eligibility criteria within 180 days to continue listing, and comply with listing obligations and continuous disclosure requirements. Sponsors, controlling shareholders, directors and key managerial personnel are subject to a one-year lock-up on their shareholdings from the closing date of the business combination.
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