Nasdaq will eliminate the 10% minimum float requirement and introduce a new "Fast Track" rule.

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Techub News update: According to Cointelegraph, Nasdaq has announced that, effective May 1, 2026, it will officially adjust the Nasdaq 100 (NDX) index composition rules. The key changes include removing the previous 10% minimum public float threshold and introducing an entirely new “fast track” rule.

Under the new rules, for mega-cap companies that have completed an IPO or transferred listing to Nasdaq from another exchange, if their overall market capitalization rank can place them within the current top 40 of the index (approximately a $100 billion market cap threshold), they may, after completing a 5-trading-day notice period, officially join the Nasdaq 100 index within about 15 trading days of listing. In addition, for securities with a public float ratio below 20%, Nasdaq will use a weighting calculation method based on 5x the public float ratio to balance index representativeness with investment liquidity.

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