NASDAQ news and archive

Hong Kong apparel producer Riverstone files for US IPO

Hong Kong-based apparel manufacturer Riverstone has filed for a US IPO, with plans to list on the Nasdaq Capital Market under the ticker symbol ‘DNJF’. The company is aiming to raise 15 million dollars by offering 2.5 million ordinary shares at an expected price range of five to seven dollars per share, a Securities and Exchange Commission...

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Nasdaq requires companies to disclose board diversity

Nasdaq’s U.S. exchange has implemented a Board Diversity Rule, where all operating companies listed on Nasdaq’s U.S. exchange are required to publicly disclose diversity statistics regarding their board of directors. The exchange has created a Diversity Board Matrix template which companies will have to file annually. The matrix requires...