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  4. Amarantus Bioscience Holdings (AMBS) Message Board

I don't believe current pps is an issue, at least

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Post# of 30067
Posted On: 08/21/2015 12:51:31 PM
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Posted By: Murphalot
Re: Hnbadger1 #19841
I don't believe current pps is an issue, at least I cannot find any Nasdaq rules stating so.

Quote:
A company that is formed by a Reverse Merger is eligible to submit an application for initial listing only if the combined entity has, immediately before filing the listing application: (i) traded for at least one year in the U.S. over-the-counter market, on another national securities exchange, or on a foreign regulated exchange, following the filing with the SEC or other Regulatory Authority of all required information about the transaction, including audited financial statements for the combined entity; and (ii) maintained a closing price of $4 per share or higher for a sustained period of time, but in no event for less than 30 of the most recent 60 trading days.

In addition, such a company may only be approved for listing if, at the time of approval, it has: (i) timely filed all required periodic financial reports with the SEC or other Regulatory Authority (Forms 10-Q or 10-K) for the prior year, including at least one annual report and (ii) maintained a closing price of $4 per share or higher for a sustained period of time, but in no event for less than 30 of the most recent 60 trading days prior to approval.



https://listingcenter.nasdaq.com/Material_Sea...amp;mcd=LQ


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