The Capital Market Authority (CMA) has invited stakeholders and interested parties in the capital market to provide feedback on a proposed new investment product for the Parallel Market: Special Purpose Acquisition Companies (SPACs). This initiative aims to enhance market liquidity by increasing the number of listings.
The public consultation will remain open for 30 calendar days, concluding on 10/11/1446H (08/05/2025).
In its press release, the CMA stated that the draft proposal seeks to encourage private sector companies to go public via SPACs, helping to meet financing demands and deepen the capital market through a broader range of investment options.
The CMA stressed that all feedback will be carefully considered in finalizing the proposed amendments, which are intended to support the continued development of a robust and dynamic regulatory framework.
To share your comments, visit:
https://cma.org.sa/Market/News/pages/CMA_N_3779.aspx
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