This Friday, Ferrovial completed the regulatory review process in the United States with the goal of listing its shares directly on the Nasdaq on May 9 or shortly after. The company has reported, in a statement sent to the National Securities Market Commission (CNMV), that after finishing the regulatory review process, they have requested acceleration from the United States Securities and Exchange Commission for the registration form to be effective on May 8, 2024. Ferrovial anticipates that the shares will debut on the Nasdaq on May 9, 2024, or around that date, with ordinary shares listed under the symbol ‘FER’.
The company emphasized that this listing will mark their debut on a US stock exchange, highlighting their important infrastructure assets in the country. President of Ferrovial, Rafael del Pino, noted that the company has been involved in building highways in the US for over 20 years and currently operate assets in several states. Del Pino expressed the company’s dedication to creating innovative infrastructure solutions for American communities, leading to their listing on the Nasdaq, the first for an Ibex 35 company.
Ferrovial intends to increase its investment base in the US in the coming years, anticipating high demand for infrastructure improvements and limited public financing availability. The move to list on the Nasdaq signifies their commitment to expanding their presence in the US market and continuing their contributions to infrastructure development in the country.