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Frequently Asked Questions
  Does Nasdaq require listed SPACs to have a full-time Chief Financial Officer?
Identification Number 1812
A SPAC listing on Nasdaq must, at a minimum, have a principal accounting officer (or equivalent) who meets the Nasdaq’s audit committee “financial sophistication” requirements found in Listing Rule 5605(c)(2)(A)(iv). To meet this requirement, the individual must have past employment experience in finance or accounting, requisite professional certification in accounting, or any other comparable experience or background which results in the individual's financial sophistication, including being or having been a chief executive officer, chief financial officer or other senior officer with financial oversight responsibilities.
Publication Date*: 10/29/2021 Mailto Link Identification Number: 1812
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