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NASDAQ Increases Annual Fees for the NASDAQ Capital Market
Practical Law Legal Update 6-521-9745 (Approx. 2 pages)
NASDAQ Increases Annual Fees for the NASDAQ Capital Market
by PLC Corporate & Securities
| Published on 19 Oct 2012 • USA (National/Federal) |
NASDAQ increased the annual fees for companies listed on the NASDAQ Capital Market.
On October 18, 2012, NASDAQ issued a proposed rule change to increase annual fees for companies listed on the NASDAQ Capital Market. The proposed rule change increases the annual fee for issuers of:
- Securities other than American Depositary Receipts (ADRs) from $27,500 to $32,000.
- ADRs from $17,500 or $21,000, depending on the number of ADRs outstanding, to a flat fee of:
- $25,000 effective January 1, 2013; and
- $32,000 effective January 1, 2014.
The rule change is effective on filing with the SEC but the increased fees will not be implemented until January 1, 2013.
For more on securities exchanges and how to select the proper exchange, see Practice Note, Selecting a US Securities Exchange.