Nasdaq proposes to revise its listing standards.

Nasdaq has proposed to update the enhancement requirements for the minimum company public listing and fundraising limits during IPO, and to introduce stricter delisting and suspension procedures for companies that do not meet Nasdaq's continued listing standards. The revised standards include a minimum public float market value of $15 million for companies listing on Nasdaq based on net profit criteria. The revised standards also include an accelerated delisting and suspension process for companies with a market value of listed securities below $5 million and listing defects. The revised standards also require newly listed companies primarily operating in China to meet a minimum public fundraising revenue requirement of $25 million.