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Posted On: 04/06/2023 4:09:55 PM
Post# of 3400
Just showing it's possible to go to the NASDAQ when the 'D' drops off. My guess would be under Standard 4.
Listing Timeline
While it generally takes four to six weeks to process a listing application, this time frame is variable and may
be shortened considerably, if the application raises no issues and the company responds quickly to Staff
comments.
Week 1. Company submits application for listing and Nasdaq Listing Qualifications Staff begins its review.
Weeks 2-3. Staff completes its preliminary review and prepares comment letter.
Weeks 3-4. Company addresses any issues raised by Staff.
Weeks 5-6. Staff completes their review and company is approved for listing.
https://listingcenter.nasdaq.com/assets/initialguide.pdf
It took them a long time to clear up the last vestiges of the old Energy 1 and the Custodial Era. Assuming they got everything else in order in the meantime and were ready to go with their application and submitted it when they got word from FINRA that the split was a go, it's possible for it to happen between late April/early May.
I'm not saying it's going to happen, just that it's possible and definitely doable.
Listing Timeline
While it generally takes four to six weeks to process a listing application, this time frame is variable and may
be shortened considerably, if the application raises no issues and the company responds quickly to Staff
comments.
Week 1. Company submits application for listing and Nasdaq Listing Qualifications Staff begins its review.
Weeks 2-3. Staff completes its preliminary review and prepares comment letter.
Weeks 3-4. Company addresses any issues raised by Staff.
Weeks 5-6. Staff completes their review and company is approved for listing.
https://listingcenter.nasdaq.com/assets/initialguide.pdf
It took them a long time to clear up the last vestiges of the old Energy 1 and the Custodial Era. Assuming they got everything else in order in the meantime and were ready to go with their application and submitted it when they got word from FINRA that the split was a go, it's possible for it to happen between late April/early May.
I'm not saying it's going to happen, just that it's possible and definitely doable.
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