Nasdaq's response to the SEC's proposed expansion of the "TEST THE WATERS" accommodation to all issuers
Publication Date: May 01, 2019 

On April 29, 2019, Nasdaq issued a comment letter on the SEC's proposal to allow all issuers, rather than just emerging growth companies, to engage in "test the waters" communications with certain qualified investors to gauge the market for a potential offering prior to or following the filing of a registration statement.  Nasdaq commended the SEC for considering reforms to improve the environment for public companies and explained how the proposal will benefit both issuers and investors.

View Nasdaq's comment letter here >>