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Posted On: 02/07/2017 2:44:43 PM
Post# of 2913
Re: DwyaneMcRoberts #1974
Nasdaq Capital Market requirements here is interesting info I found from another company who did precisely the same thing reverse split and uplist.
http://oncosec.com/reverse-split-planned-uplist-faq/
Our proposed listing on the NASDAQ Capital Market is subject to review by NASDAQ and dependent upon the company meeting certain listing requirements, including the maintenance of a minimum closing price of our common stock of $3.00 or more for at least five trading days . The company’s common stock will begin trading in the marketplace on a split-adjusted basis upon FINRA’s approval of the reverse stock split. After the reverse stock split, should NASDAQ approve our listing application, it is expected to take approximately 7-10 business days to complete the listing process.
I think the share price is $4 dollars now for 5 days.
https://listingcenter.nasdaq.com/assets/initialguide.pdf
http://oncosec.com/reverse-split-planned-uplist-faq/
Our proposed listing on the NASDAQ Capital Market is subject to review by NASDAQ and dependent upon the company meeting certain listing requirements, including the maintenance of a minimum closing price of our common stock of $3.00 or more for at least five trading days . The company’s common stock will begin trading in the marketplace on a split-adjusted basis upon FINRA’s approval of the reverse stock split. After the reverse stock split, should NASDAQ approve our listing application, it is expected to take approximately 7-10 business days to complete the listing process.
I think the share price is $4 dollars now for 5 days.
https://listingcenter.nasdaq.com/assets/initialguide.pdf
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