NEW YORK--(BUSINESS WIRE)--Pershing Square SPARC Holdings, Ltd. (“SPARC” or the “Company”) today announced that the Securities and Exchange Commission (“SEC”) has approved a change to the New York Stock Exchange listing rules that will enable SPARC's subscription rights (“SPARs”) to trade on the NYSE in the future, a milestone that further cements SPARC as the most efficient and cost-effective way for a large private company to go public. Backed by Pershing Square, SPARC is a new kind of acquis.