ENTITIES WITH SPECIFIED SECURITIES LISTED ON RECOGNISED STOCK EXCHANGES AS A PRIMARY LISTINGInternational Financial Services Centres Authority (Listing) Regulations, 2024
ENTITIES WITH SPECIFIED SECURITIES LISTED ON RECOGNISED STOCK EXCHANGES AS A PRIMARY LISTINGInternational Financial Services Centres Authority (Listing) Regulations, 2024
Fixed Price Mechanism governs SPAC listing issues, with issuer pricing determined in consultation with lead managers. Issues involving the listing of special purpose acquisition companies must use a fixed price mechanism. The issuer must determine the issue price in ... Summary
Fixed Price Mechanism governs SPAC listing issues, with issuer pricing determined in consultation with lead managers.
Issues involving the listing of special purpose acquisition companies must use a fixed price mechanism. The issuer must determine the issue price in consultation with the lead manager or lead managers. Issuer-led price determination therefore requires lead-manager consultation as a mandatory element of fixing the price for the relevant listing issue.
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