# 2026-22562: NYSE Texas Opens Its Listing Rules to Acquisition Companies

2026-22562, Self-Regulatory Organizations; NYSE Texas, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Adopt New Rule 8a To Provide for the Listing of Acquisition Companies, is a Federal Register notice from Securities and Exchange Commission published 2026-11-05, effective 2026-10-20; PRIA reads it as touching household money (as of 2026-11-06).

- Canonical: https://policyrisk.com/federal-register/2026-22562
- As of: 2026-11-06
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Document number: 2026-22562
- Title: Self-Regulatory Organizations; NYSE Texas, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Adopt New Rule 8a To Provide for the Listing of Acquisition Companies
- Type: Notice
- Agencies: Securities and Exchange Commission
- Citation: 91 FR 69903
- Published: 2026-11-05
- Effective: 2026-10-20
- Comments close: not stated
- Significant: no
- Touches household money: yes
- Regulation identifier numbers: none
- Last updated: 2026-11-06

## In one line

NYSE Texas Opens Its Listing Rules to Acquisition Companies

## Summary

NYSE Texas just rolled out a new rule to let special companies called Acquisition Companies list on their exchange. These companies plan to buy other businesses, and this change opens the door for them to raise money and grow. The rule is effective immediately, so expect new listings and fresh investment chances soon!

## Effects PRIA read

- NYSE Texas Will Allow Acquisition Company Listings: benefit, medium. NYSE Texas adopted new Rule 8a to allow companies whose business plan is to complete one or more acquisitions ("Acquisition Companies") to list their common stock on the Exchange. This gives Acquisition Companies another venue to raise capital and list securities on a national exchange.
- 90% of IPO Proceeds Must Be Placed in Deposit Account: benefit, medium. An Acquisition Company must deposit at least 90% of the gross proceeds from its initial public offering (and any concurrent equity sale) into a trust, an escrow at an insured depository institution, or a separate bank account maintained by a registered broker-dealer. This rule applies until the com…
- 36-Month Deadline and 80% Combination Threshold: mixed, medium. An Acquisition Company must complete one or more business combinations within 36 months of the IPO registration statement effectiveness (or a shorter period if specified) and those combinations must have an aggregate fair market value of at least 80% of the deposit account value at the time the com…
- Shareholder Approval and Redemption/Conversion Rights: benefit, medium. Until the 80%/36-month condition is met, business combinations must be approved by a majority of independent directors and, if a shareholder vote subject to proxy rules is held, by a majority of votes cast. Public shareholders who vote against an approved combination may convert their shares into a…
- Delisting and Immediate Suspension If Requirements Not Met: cost, medium. If an Acquisition Company does not complete the required business combination(s) or otherwise fails to meet the rule's conditions, the Exchange will commence delisting proceedings under Rule 4(c). If delisting is commenced for failure to meet the 36-month/80% condition, trading in the company's sec…

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## Sources
- [2026-22562 on federalregister.gov](https://www.federalregister.gov/documents/2026/11/05/2026-22562/self-regulatory-organizations-nyse-texas-inc-notice-of-filing-and-immediate-effectiveness-of)
- [2026-22562 as published (PDF)](https://www.govinfo.gov/content/pkg/FR-2026-11-05/pdf/2026-22562.pdf)

## Related
- [Previous: 2026-22561, Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; N…](https://policyrisk.com/federal-register/2026-22561)
- [Next: 2026-22563, Agency Information Collection Activities; Submission for OMB Review; Comment Re…](https://policyrisk.com/federal-register/2026-22563)
- [All Federal Register documents](https://policyrisk.com/federal-register)

Source: PRIA, https://policyrisk.com/federal-register/2026-22562 (as of 2026-11-06).