09/01/2023, 08:28:22 EDT NYSE AMERICAN OPTIONS: REDUCTION OF THE TIME REQUIRED TO LIST OPTIONS ON CERTAIN SECURITIES FOLLOWING AN IPO Effective September 1, 2023, pursuant to Commentary .01(4)(a) of NYSE American Rule 915, the Exchange will implement changes to reduce the time required to begin listing and trading options on certain covered securities following their Initial Public Offering (“IPO”). As a result of this change, an underlying security with a market capitalization of at least $3 billion based upon the offering price of its IPO may be listed and traded starting on or after the second business day following the initial public offering day, provided all other options listing requirements are met. There are no changes to other existing listing requirements, which include: A minimum of 7,000,000 shares of the underlying security which are owned by persons other than those required to report their security holdings under Section 16(a) of the Securities Exchange Act of 1934. A minimum of 2,000 holders of the underlying security. For additional details, please see the approval of Exchange’s rule filing. Please contact rmteam@nyse.com with any questions regarding this change.