TSX:AEZS - Post Discussion
Post by
prophetoffactz on Jul 16, 2024 2:49pm
Name & symbol change
Perplexity Ai:
Based on the information provided in the search results, the time between a company announcing a name and symbol change and it taking effect on the TSX and NASDAQ can vary, but generally occurs within a few days to a couple of weeks. Here are the specific details for each exchange:For the Toronto Stock Exchange (TSX): - A listed issuer must notify the TSX as soon as possible after the decision to change the name has been made.
- The company's securities will typically begin trading under the new name at the opening of business two or three trading days after the Exchange accepts the name change.
For NASDAQ: - Companies are required to notify NASDAQ of a name change or security title change no later than 10 calendar days before the change becomes effective.
It's important to note that the exact timing can depend on various factors, including the completion of necessary paperwork and regulatory approvals. Companies may announce the change well in advance of the effective date, as seen in the example of Aquarius AI, which announced its name and symbol change on March 20, 2023, with an effective date of March 27, 2023.In general, once a company announces a name and symbol change, investors can expect the change to take effect within a few business days to two weeks, depending on the specific exchange requirements and the company's readiness to implement the change.
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