Nasdaq to Remove 10% Minimum Float Requirement by 2026

Nasdaq has announced plans to eliminate the 10% minimum float requirement starting May 1, 2026. According to PANews, this change will be accompanied by the introduction of a 'fast track' rule, allowing companies with large market capitalizations to be included in the Nasdaq 100 Index within approximately 15 trading days of their initial public offering (IPO). This move is expected to streamline the process for high-value IPOs seeking quick entry into the index.