{"abstract":null,"action":"(A) For purposes of Nasdaq IM- 5101-2(b) the 80% described therein shall,\\16\\ in the case of the SPAC, be calculated based on the aggregate amount remaining in the deposit account of the SPAC at the time of the agreement to enter into the initial combination after the Contribution to the SpinCo SPAC, and, in the case of the SpinCo SPAC, be calculated based on the aggregate amount in its deposit account at the time of its agreement to enter into its initial combination,\\17\\ and (B) for purposes of Nasdaq IM-5101-2(d) and (e),\\18\\ the right to convert and opportunity to redeem shares of common stock on a pro rata basis, respectively, shall, in the case of the SPAC, be deemed to apply to the aggregate amount remaining in the deposit account of the SPAC after the contribution to the SpinCo SPAC, and, in the case of the SpinCo SPAC, be deemed to apply to the aggregate amount in its deposit account;","agencies":[{"raw_name":"SECURITIES AND EXCHANGE COMMISSION","name":"Securities and Exchange Commission","id":466,"url":"https://www.federalregister.gov/agencies/securities-and-exchange-commission","json_url":"https://www.federalregister.gov/api/v1/agencies/466","parent_id":null,"slug":"securities-and-exchange-commission"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2021/10/06/2021-21770.html","cfr_references":[],"citation":"86 FR 55664","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":[],"dates":null,"disposition_notes":null,"docket_ids":["Release No. 34-93219","File No. SR-NASDAQ-2021-054"],"dockets":[],"document_number":"2021-21770","effective_on":null,"end_page":55669,"executive_order_notes":null,"executive_order_number":null,"explanation":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2021/10/06/2021-21770.xml","html_url":"https://www.federalregister.gov/documents/2021/10/06/2021-21770/self-regulatory-organizations-the-nasdaq-stock-market-llc-order-instituting-proceedings-to-determine","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2021-21770?publication_date=2021-10-06","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2021-10-06/2021-21770/mods.xml","not_received_for_publication":null,"page_length":6,"page_views":{"count":551,"last_updated":"2026-04-04 16:15:04 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2021-10-06/pdf/2021-21770.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2021-21770.pdf?1633437925","publication_date":"2021-10-06","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2021/10/06/2021-21770.txt","regulation_id_number_info":{},"regulation_id_numbers":[],"regulations_dot_gov_info":{"comments_count":0,"agency_id":"SEC","document_id":"SEC-2021-1374-0001","checked_regulationsdotgov_at":"2021-10-07T03:30:10Z"},"regulations_dot_gov_url":null,"significant":null,"signing_date":null,"start_page":55664,"subtype":null,"title":"Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Order Instituting Proceedings To Determine Whether To Approve or Disapprove a Proposed Rule Change To Modify Nasdaq IM-5101-2 To Permit an Acquisition Company To Contribute a Portion of Its Deposit Account to Another Entity in a Spin-Off or Similar Corporate Transaction","toc_doc":"The Nasdaq Stock Market, LLC","toc_subject":"Self-Regulatory Organizations; Proposed Rule Changes:\n","topics":[],"type":"Notice","volume":86}