Yes. In the Initial Listing guide, Nasdaq describ
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Posted On: 08/22/2020 2:41:42 PM
Yes. In the Initial Listing guide, Nasdaq describes the process like this:
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. \
So if August 16th is the Company addressing issues raised by Nasdaq, within a week or at most two after this is completed, Nasdaq will respond. That would probably be this week, I figure. (Depending on how long it took CFO Mark to address the issues.)
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. \
So if August 16th is the Company addressing issues raised by Nasdaq, within a week or at most two after this is completed, Nasdaq will respond. That would probably be this week, I figure. (Depending on how long it took CFO Mark to address the issues.)
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