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1 February 2021

Nasdaq updates its Nordic Main Market Rulebook for Issuers of Shares to include Provisions on Special Purpose Acquisition Companies (“SPAC”)

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In our newsletter of 15 January 2021, we described the contemplated introduction of the listed company type SPAC on Nasdaq Copenhagen. 

Nasdaq has now updated its Nordic Main Market Rulebook for Issuers of Shares (“Main Market Rulebook”) to include specific admission requirements for SPACs. 

For the purpose of the Main Market Rulebook, a SPAC is defined as an issuer whose purpose is to complete one or more acquisitions within a certain period of time. While the rules for now apply to Nasdaq Stockholm, the entry into force on Nasdaq Copenhagen is contingent on approval from the Danish Financial Supervisory Authority.

Dan Moalem

Partner

+45 30 37 96 10

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Henning Aasmul-Olsen

Partner

+45 30 37 96 50

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Henning Hedegaard Thomsen

Partner

+45 30 37 96 18

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