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NYMEX Holdings, Inc. (NYMEX) announced that its shareholders approved its initial public offering and related proposals at a special meeting held today. More than 91% of the shares voted in connection with this meeting were voted in favor of the initial public offering and related proposals, as reported by the company's inspector of election and transfer agent, American Stock Transfer & Trust Company.
This shareholder approval allows NYMEX to continue on its path to an initial public offering.
The ability of NYMEX to complete its initial public offering is subject to the satisfaction of several conditions, including favorable market conditions and receipt of the requisite approval from regulatory agencies.
