Also, the regular bid price at the time of listing must be $4.00, and there must be at least three market makers for the stock.
However, a company may qualify under a closing price alternative of $3.00 or $2.00 if the company meets varying requirements.

From Investopedia:

The "varying requirements" were not spelled out, but the minimum ppp must be $2.00, and I thought I read that had to be for a minimum of 52 weeks.

Do we have 3 market makers? I don't recall any discussion of this matter.

Here's another link:

http://venturelawcorp.com/listing-requirements-nasdaq/

Some items are vague and confusing. We need to get some clarity during the CC.