As this new offering has not previously traded on any listing market and has no prior day’s closing price, Regulation SHO Rule 201 will not apply to security PLTR until its second day of trading on NYSE. Further, NYSE Rule 123D(d) will apply and the security will be in a regulatory halt until the NYSE has opened trading.
Reference Price: $ 7.25
NOTE: The Reference Price is NOT an Offering Price. The opening public price will be determined by buy and sell orders collected by the NYSE from broker-dealers. Based on such orders, the Designated Market Maker will determine an opening price in consultation with a financial advisor and pursuant to applicable NYSE rules.
