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Faegre Drinker Biddle and Reath Issues Commentary: Nasdaq 23/5 Rule and Its Potential Impact on Confidentially Marketed Public Offerings
June 03, 2026
MINNEAPOLIS, Minnesota, June 3 -- Faegre Drinker Biddle and Reath, a law firm, issued the following commentary on June 2, 2026, by associates Abyen Aden, Amanda M. Ibrahim and Layla Mahmood and partners Jonathan R. Zimmerman, Tyler J. Vivian, Ben A. Stacke, Chad Lange, Griffin D. Foster and Joshua L. Colburn:

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New Nasdaq 23/5 Rule and Its Potential Impact on Confidentially Marketed Public Offerings

Rethinking CMPO strategy in a market that rarely close . . .

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