SAN ANTONIO – Nasdaq Texas officially launches today with a ceremonial Nasdaq Stock Market Closing Bell at the Alamo, marking both the exchange’s operational debut and the 190th anniversary of the Battle of the Alamo.
Gov. Greg Abbott and Lt. Gov. Dan Patrick are expected to attend the event, which follows approval of Nasdaq Texas’ listing rules by the U.S. Securities and Exchange Commission. The ceremony also introduces the first group of companies expected to dual list on the new Texas-based exchange.
Nasdaq Inc. (Nasdaq: NDAQ) will also dual list on Nasdaq Texas. Nasdaq Texas is now fully operational as a dual listing exchange, legally based in Texas.
“The full launch of Nasdaq Texas represents a permanent, foundational commitment to the companies that want to build the future of the U.S. economy from this state,” said Rachel Racz, senior vice president and head of listings for Texas, Central and Southern U.S., and Latin America. “We are proud to welcome our first cohort of dual-listed companies.”
The first companies expected to dual list on Nasdaq Texas include:
APA Corporation (Nasdaq: APA)Construction Partners Inc. (Nasdaq: ROAD)J.B. Hunt Transportation Services (Nasdaq: JBHT)Huntington Bancshares (Nasdaq: HBAN)ProFrac Services (Nasdaq: ACDC)
Leaders from those companies are joining Nasdaq executives at the Alamo for the Closing Bell ceremony.
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Nasdaq Texas is structured as a dual listing venue, meaning companies can list on the Texas-based exchange while remaining part of Nasdaq’s broader national and global marketplace.