NYSE proposes big change to direct listings
TechCrunch Startup News · TechCrunch
December 2, 20194m 11s
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Show Notes
The New York Stock Exchange filed paperwork this morning with the U.S. Securities and Exchange Commission to allow companies to raise capital as part of a direct listing. Direct listings are a way for companies to go public by selling existing shares held by insiders, employees and investors directly to the market, rather than the traditional method of issuing new shares.
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