Quite awhile ago I posted the link to NASDAQ Uplis
Post# of 17653
Posted On: 01/08/2014 3:30:01 PM
Quite awhile ago I posted the link to NASDAQ Uplisting requirements (NEW) and it is Item # 7...my point is I was looking into it then. It is the redchip blog Link # 7 from the top of "SHOW BOARD INFORMATION....Here is an excerpt from the entire change as shown...
Regards
SUNNY:>
))
Under the new NasdaqCM requirements, a stock can qualify for listing if it closes at $3 or above for at least five consecutive business days prior to approval. The five-day requirement is in place to reduce the risk of price manipulation aimed at allowing a security to qualify for listing. In addition to the $3 share price requirement, the company must meet the following requirements:
- Stockholders’ equity of at least $5 million
- Market value of publicly held shares of at least $15 million
- Two years of operating history
Regards
SUNNY:>
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