This Friday, Ferrovial concluded the regulatory review process in the United States with the intention of having its shares listed directly on the Nasdaq on May 9 or in the near future.
The company has reported, in a statement that it has sent to the National Securities Market Commission (CNMV), that after completing the regulatory review process it has submitted a request for acceleration by which it asks the United States Securities and Markets Commission United States (Securities and Exchange Commission, SEC in English) to declare said registration form effective on May 8, 2024.
For this reason, Ferrovial anticipates that the shares will debut on the Nasdaq on May 9, 2024, “or around that date.” Ordinary shares will be listed under the symbol ‘FER’, as in Spain and the Netherlands.
“This listing will mark the company’s inaugural presence on a US stock exchange, a country in which it maintains an important portfolio of infrastructure assets,” the company highlighted in the statement.
For his part, the president of Ferrovial, Rafael del Pino, has stated that “the United States is a market” in which the company has been “building highways for more than 20 years.” “Currently, we operate assets in Texas, Virginia and North Carolina, and we are developing the New Terminal One at JFK airport in New York,” he recalled.
“Our listing with common shares on the Nasdaq is the first for an Ibex 35 company and is the fruit of years of dedication to creating innovative infrastructure solutions for American communities,” said Rafael del Pino.
Ferrovial “intends to significantly increase its investment base in the United States in the coming years”, in a context in which “a high demand for infrastructure improvements and a more limited availability of public financing” is expected, the statement concluded.