Nasdaq Texas Launches with Inaugural Dual Listings
MWN-AI** Summary
On March 5, 2026, Nasdaq Texas officially launched, celebrated at The Alamo in San Antonio, with the ringing of the Nasdaq Closing Bell. This event coincided with the 190th anniversary of the Battle of the Alamo and marked a significant milestone for the state and the U.S. capital markets. Following the approval of its listing rules by the U.S. Securities and Exchange Commission (SEC), Nasdaq Texas aims to provide a Texas-based exchange that enables public companies to capitalize on the state's business-friendly environment while accessing Nasdaq’s advanced services and technological infrastructure.
The inaugural event included the participation of notable figures such as Texas Governor Greg Abbott and Lt. Governor Dan Patrick, emphasizing the exchange's alignment with Texas' legacy of leadership and resilience. Nasdaq Texas is legally domiciled in Texas, aiming to cater to companies across various sectors—ranging from technology to life sciences—offering liquidity, global investor access, and robust market solutions.
The first cohort of companies dual listing on Nasdaq Texas includes significant names such as APA Corporation, Construction Partners Inc., J.B. Hunt Transportation Services, Huntington Bancshares, and ProFrac Services. Nasdaq, Inc. itself will also dual list, highlighting its confidence in the platform and its commitment to Texas's economic growth.
Rachel Racz, SVP and Head of Listings for Texas, emphasized Nasdaq's commitment to supporting companies building the future of the U.S. economy from Texas. Executives from participating companies also expressed pride in their participation, recognizing the importance of Nasdaq Texas in fostering innovation and capital growth within the state. The launch signifies a new era for Texas as a pivotal player in capital formation, providing a dual listing venue that integrates with Nasdaq’s global reach.
MWN-AI** Analysis
The recent launch of Nasdaq Texas marks a transformative moment in the U.S. capital markets, offering companies the opportunity to harness Texas's favorable business climate while leveraging Nasdaq's renowned technology and global network. For investors, this initiative adds a compelling dimension to their market strategy.
The dual listing system allows companies like APA Corporation, J.B. Hunt, and Huntington Bancshares to enjoy the benefits of Texas's regulatory environment alongside continued access to Nasdaq's extensive resources. This confluence could strengthen investor confidence, reflecting the resilience and dynamism of the Texas economy. Investors should closely monitor these inaugural companies, as their performance could provide insight into the viability and operational efficiency of Nasdaq Texas.
The exchange targets various sectors, from technology to energy, suggesting a diversified investment approach. Given Texas's status as a major economic hub, companies listed here are likely to benefit from regional growth trends and economic initiatives aimed at attracting further investments. Therefore, a focus on companies within the first cohort of dual listings presents a unique opportunity for investors seeking growth.
Moreover, Nasdaq's commitment to Texas signifies a strategic expansion that enhances liquidity and market access—key factors when assessing potential investments. Investors might also see this as a trend that could spread to other regions, potentially increasing competition among exchanges, thereby benefiting issuers and enhancing market conditions.
In conclusion, the launch of Nasdaq Texas is not merely a regional development but a potential catalyst for broader market dynamics. Investors are advised to explore the implications of this venture. Those with a stake in the highlighted companies may find themselves well-positioned to capitalize on the synergies created between local growth and robust global market frameworks.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
Nasdaq Texas Celebrates Official Launch with the Nasdaq Stock Market Closing Bell at the Alamo with the First Cohort of Dual Listings
Nasdaq, Inc. to Dual List on Nasdaq Texas Alongside Inaugural Group
SAN ANTONIO, March 05, 2026 (GLOBE NEWSWIRE) -- Nasdaq Texas will mark another milestone by ringing the Nasdaq Closing Bell at The Alamo, San Antonio, Texas, commemorating the 190th anniversary of the Battle of the Alamo and the full operational launch of Nasdaq Texas following approval of its listing rules from the U.S. Securities and Exchange Commission (SEC). This launch provides U.S. public companies with a Texas-based exchange designed to allow issuers to leverage the state’s business-friendly environment while maintaining access to Nasdaq’s suite of services and technology solutions.
The ceremony, which will be attended by Governor Greg Abbott and Lt. Governor Dan Patrick, celebrates several defining milestones: the official launch of Nasdaq Texas, the introduction of the first cohort of companies that will dual list on Nasdaq Texas and the announcement that Nasdaq, Inc. (Nasdaq: NDAQ) will dual list on Nasdaq Texas.
Held at one of Texas’ most historic landmarks, the event honors the state’s legacy of leadership and resilience while looking ahead to the future of modern capital markets.
A Foundational Commitment to Texas
Nasdaq Texas is now fully operational as a dual listing exchange and legally domiciled in the state. This milestone represents a long-term, structural commitment, aligning the exchange’s governance, operations, and strategy with Texas’ continued economic growth and leadership in capital formation.
Nasdaq Texas is designed to serve companies across sectors including technology, energy, industrials, life sciences, and financial services, providing access to deep liquidity, global investors, unparallelled market structure and technology solutions, all from a foundation rooted in Texas.
Introducing the First Cohort of Dual Listings
The first cohort of companies that are expected to dually list on Nasdaq Texas will join Nasdaq leadership to ring the Closing Bell at the Alamo. Together, they reflect the breadth and dynamism of Texas’ economy and help define the next era of capital formation in the state.
Participating companies 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)
In addition, Nasdaq, Inc. (Nasdaq: NDAQ) will dual list on Nasdaq Texas, underscoring its confidence in the platform and aligning the company with the same structure it offers issuers.
Executive Commentary
“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, SVP and Head of Listings for Texas, Central and Southern U.S., and Latin America. “By being part of this community, Nasdaq is aligning itself with the leadership, resilience, and growth that define Texas. We are proud to welcome our first cohort of dual-listed companies and look forward to supporting them with the full strength and capabilities of Nasdaq Texas.”
“APA Corporation is proud to be part of the inaugural group of companies dual listing on Nasdaq Texas. This milestone reflects our deep roots in Texas and our continued commitment to disciplined capital allocation and long-term value creation for our shareholders,” said John J. Christmann IV, CEO of APA Corporation. “We are pleased to support the launch of Nasdaq Texas and to participate in this historic Closing Bell ceremony at the Alamo alongside fellow issuers.”
“As a lifelong Texan and long?time builder of Sunbelt businesses, I’m proud to see a U.S. exchange designed to reflect Texas’ business?friendly environment while leveraging Nasdaq’s world?class technology and reach. At SunTx, we’re fortunate to partner with exceptional management teams like Construction Partners, a charter member of Nasdaq Texas. Under the leadership of Governor Greg Abbott and Lt. Governor Dan Patrick, Texas continues to set the pace for innovation, opportunity and enterprise, and we’re proud to help build on that momentum,” said Ned N. Fleming, III, Founder of SunTx Capital Partners and Executive Chairman of Construction Partners.
“Huntington Bancshares is proud to be among the first companies, and the first bank, to be listed on Nasdaq Texas, and we’re thrilled to take this next step with them,” said Steve Steinour, Chairman, President and CEO of Huntington Bancshares, Inc. “Texas represents growth, innovation and an entrepreneurial spirit that aligns perfectly with our purpose to make people’s lives better, help businesses thrive and strengthen the communities we serve.”
"J.B. Hunt is proud to be among the first companies to hold a dual listing with Nasdaq Texas. As the largest domestic intermodal and dedicated provider in North America and with significant scale in our Truckload, brokerage, and Final Mile businesses, we have deep roots in the region and support the full supply chain from the first mile to the last mile,” said Shelley Simpson, president and CEO of J.B. Hunt. “When our customers grow here, we grow here as well by investing in people, technology, and capacity to support their needs. This moment represents a meaningful opportunity, and we’re excited to align with the leadership driving economic growth across Texas. We look forward to what this means for the future of the U.S. economy and all that lies ahead.”
“It is an honor to represent ProFrac and my family at a celebration of Texas heritage. Our roots are here, our people are here, and we are proud to continue building companies that contribute to the strength and future of the Texas economy,” said Matt Wilks, Executive Chairman, ProFrac Services.
Frequently Asked Questions
What is Nasdaq Texas?
Nasdaq Texas is a dual listing venue that expands Nasdaq’s presence in the state by providing companies with the ability to list on an exchange formed under Texas law while maintaining access to Nasdaq’s global platform, technology, and market infrastructure. It reflects Nasdaq’s long-term investment in Texas and its commitment to supporting capital formation across the region.
Who is Nasdaq Texas designed for?
Nasdaq Texas is designed for publicly traded companies that want to align with the Texas economy, operate within the state’s business-friendly governance environment, and maintain access to Nasdaq’s full suite of global capabilities, liquidity, and investor reach.
What are the benefits of dual listing on Nasdaq Texas?
Dually listing on Nasdaq Texas is a seamless process that allows companies to:
- Align with Texas’ corporate governance framework and business environment
- Maintain access to Nasdaq’s deep liquidity and global investor base
- Leverage Nasdaq’s advanced market technology
- Increase visibility within one of the fastest-growing economic regions in the United States
More information here: https://www.nasdaq.com/nasdaq-texas
About Nasdaq
Nasdaq (Nasdaq: NDAQ) is a leading global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators as they navigate and interact with the global capital markets and the broader financial system. We aspire to deliver world-leading platforms that improve the liquidity, transparency, and integrity of the global economy. Our diverse offering of data, analytics, software, exchange capabilities, and client-centric services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions, and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at www.nasdaq.com.
Nasdaq Media Contact
Michelle Mendiola
michelle.mendiola@nasdaq.com
+1 646 634 8350
Cautionary Note Regarding Forward-Looking Statements:
Information set forth in this communication contains forward-looking statements that involve a number of risks and uncertainties. Nasdaq cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information. Such forward-looking statements include, but are not limited to the launch of the Nasdaq Texas exchange and the benefits to listing on Nasdaq Texas. Forward-looking statements involve a number of risks, uncertainties or other factors beyond Nasdaq’s control. These factors include, but are not limited to, Nasdaq’s ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, geopolitical instability, government and industry regulation, interest rate risk, and U.S. and global competition. Further information on these and other factors are detailed in Nasdaq’s filings with the U.S. Securities and Exchange Commission, including its annual reports on Form 10-K and quarterly reports on Form 10-Q, which are available on Nasdaq’s investor relations website at http://ir.nasdaq.com and the SEC’s website at www.sec.gov. Nasdaq undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.
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FAQ**
How does the dual listing of companies like ProFrac Holding Corp. (Nasdaq: ACDC) benefit their access to Texas's business-friendly environment through Nasdaq Texas?
In what ways does Nasdaq Texas plan to support ProFrac Holding Corp. (Nasdaq: ACDC) and other companies in enhancing capital formation within the Texas economy?
What specific advantages does Nasdaq Texas offer to ProFrac Holding Corp. (Nasdaq: ACDC) in terms of technology and market structure compared to traditional exchanges?
How does the participation of ProFrac Holding Corp. (Nasdaq: ACDC) in the inaugural cohort of dual listings signify a growing trend for energy companies in capital markets-focused on Texas?
**MWN-AI FAQ is based on asking OpenAI questions about Huntington Bancshares Incorporated (NASDAQ: HBAN).
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