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Posted On: 04/03/2019 8:13:09 PM
Post# of 32698
Rory said that they have asked for acceleration of Effectiveness from the SEC. I have come across an example showing it can happen the same day (if I'm reading it correctly).
https://www.sec.gov/Archives/edgar/data/10405...ename1.htm
I have also come across a link indicating it has to be done 2 business days prior to being effective.
https://content.next.westlaw.com/Document/I8d...pe=Default
Assuming the request was submitted today, then worse case scenario would put Verb on NASDAQ this Friday. Best case scenario would be tomorrow.
https://www.sec.gov/Archives/edgar/data/10405...ename1.htm
I have also come across a link indicating it has to be done 2 business days prior to being effective.
https://content.next.westlaw.com/Document/I8d...pe=Default
Assuming the request was submitted today, then worse case scenario would put Verb on NASDAQ this Friday. Best case scenario would be tomorrow.
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