Nope...there are varying requirements that can "qualify" a

New Post Public Reply Private Reply Replies (1) Message Board
SouthBreeze eater7 #7024
Nope...there are varying requirements that can "qualify" a company for NASDAQ uplisting and meeting continued listing requirements...one company that I had invested in only needed to maintain an +$1.00/share for 60 or 90 days in order to qualify for uplisting...this isn't the company I reference on the following link but you are correct in the "initial" qualification ($4.00/sh) it seems...obviously, a RS would be needed from todays PPS, but future developments can change the math...

Quote:
NASDAQ Listing Requirements. Failure to satisfy NASDAQ Global Select Market listing requirements may result in our common stock being removed from listing on the NASDAQ Global Select Market.

Our common stock is currently listed on the NASDAQ Global Select Market under the symbol “SCSS.” For continued inclusion on the NASDAQ Global Select Market, we must generally maintain, among other requirements, either (a) shareholders’ equity of at least $10 million, a minimum closing bid price of $1.00 per share and a market value of our public float of at least $5 million; or (b) market capitalization of at least $50 million, a minimum closing bid price of $1.00 per share and a market value of our public float of at least $15 million. We currently do not meet these minimum closing bid price and market capitalization requirements. NASDAQ has recently suspended enforcement, through April 20, 2009, of the rules requiring a minimum closing bid price and a minimum market value of public float. After April 20, 2009, however, if we fail to meet the minimum closing bid price or the minimum market value standards described above for at least 30 consecutive trading days, our common stock could be at risk of being removed from listing on the NASDAQ Global Select Market. If our common stock were removed from listing on the NASDAQ Global Select Market, our common stock may be transferred to the NASDAQ Capital Market if we satisfy the listing criteria for the NASDAQ Capital Market, or trading of our common stock may be conducted in the over-the-counter market in the so-called “pink sheets” or, if available, the National Association of Securities Dealer’s “Electronic Bulletin Board.” Consequently, broker-dealers may be less willing or able to sell and/or make a market in our common stock, which may make it more difficult for shareholders to dispose of, or to obtain accurate quotations for the price of, our common stock. Removal of our common stock from listing on the NASDAQ Global Select Market may also make it more difficult for us to raise capital through the sale of our securities.


http://www.wikinvest.com/stock/Select_Comfort...ect_Market

Trans-Pacific Aerospace (TPAC) Stock Research Links

TPAC Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Top 5 Most Recently Viewed Articles

E. Coli Outbreak and Its Impact on McDonald's Sales Strategy

Updated Category News Views 246

Impact of E. Coli Outbreak on McDonald's Sales The recent E. coli outbreak associated with McDonald's Quarter Pounder hamburgers has raised concerns among investors regarding potential disruptions in the company's near-term sales. As McDonald's prepares to report its third-quarter results, all eyes are on how this food safety incident might affect revenue. Alarming...

Continue Reading
Legacy of Family Values: He Family's Inspiring Journey

Updated Category News Views 246

Building a Legacy: The He Family's Commitment to Education and Values In a small village, a remarkable family exemplifies the enduring strength of familial bonds and the importance of education. At the heart of this household is He Fangjing, a nearly 90-year-old man who has dedicated over four decades of his life to the education of the youth. His influence extends beyond...

Continue Reading
Soltis Investment Advisors Expands Board with New Appointments

Updated Category News Views 403

Soltis Investment Advisors Welcomes New Board Members Soltis Investment Advisors, a prominent Registered Investment Adviser (RIA) managing more than $10 billion in client assets, is thrilled to announce the addition of two seasoned professionals, Neal Simon and Clive Cholerton, to its Board of Directors. This exciting development comes at a crucial time as Soltis strives...

Continue Reading
Discover AI-Tech Hacks: Your Go-To Ethical Hacking Platform

Updated Category News Views 294

AI-Tech Hacks: Pioneering Ethical Hacking Solutions AI-Tech Hacks, a frontrunner in offering ethical hacking services, has introduced an innovative platform designed to connect clients with certified hackers. This new service is set to reshape the hacker-for-hire landscape, making it easier for businesses and individuals to access trustworthy cybersecurity expertise in a...

Continue Reading
Arbor Realty Trust Delivers Solid Q3 Results Despite Challenges

Updated Category News Views 78

Introduction Arbor Realty Trust (NYSE: ABR) has recently revealed commendable financial results for the third quarter, defying the challenges faced in the current market landscape. The company's Chief Financial Officer, Paul Elenio, and Chief Executive Officer, Ivan Kaufman, shared insights on Arbor's strategic resilience and performance across various sectors, notably in...

Continue Reading