Texas Stock Exchange CEO says 35% of US-listed public companies would not qualify for a listing
Among those that would not qualify, Lee said, are Chinese-based companies that do not meet "basic" U.S. listing standards. He said he expects most of the TXSE's new listings business to come from smaller and mid-cap companies.
The TXSE first disclosed its plans last June and earlier this year filed seeking regulatory permission to launch, which its officials and backers have said could happen in the second half of 2025.
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