Chinese Companies and the New $25 Million Nasdaq IPO Threshold: How to Plan Your PCAOB Audit Under Tighter Rules

Nasdaq $25 million IPO rule for Chinese companies and PCAOB audit planning

The Nasdaq $25 million IPO rule applies heightened initial listing standards to certain companies headquartered, incorporated, or principally administered in Mainland China, Hong Kong, or Macau. This means offshore incorporation does not automatically remove a Chinese operating company from the rule. A company may have a Cayman Islands parent and still fall within Nasdaq’s China-specific […]