Some people are reporting that SEC requires 90 days+ for companies to be approved. SEC application is made public UNVC is not listed. But really doesn't matter.

Somebody correct me if I am wrong a lot lot of lawyer speak to wade through.

Nasdaq only requires you to apply for SEC. SEC is only required beforehand like an IPO when you plan on selling stock. to raise money to go public. Nasdaq looks at all financial and audit before approving the application.