Good question. "Dual-listing refers to the proces
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Posted On: 04/20/2024 11:21:49 PM
Re: SlimPickun #82847
Good question. "Dual-listing refers to the process of listing a stock on multiple stock exchanges. This is done for a variety of reasons. It increases liquidity, provides more avenues to raise capital, and potentially allows for more trading time if the exchanges are open at different times."
Right now I think most would take either exchange. But the Dream Exchange would no doubt give us a huge publicity opportunity upon the merger/launch. While an up list to Nasdaq could take two months after the merger/launch. Even if Nasdaq has already looked at the private companies and approved a listing upon merger, we still have to close on the OTC market at $2 for five days (tier #1) or $3 for five days (tier #2) or close for one day at $4 for tier #3 for up listing to Nasdaq. We would only have the PR's from Dalton for an OTC launch but huge publicity for the Dream Exchange.
Right now I think most would take either exchange. But the Dream Exchange would no doubt give us a huge publicity opportunity upon the merger/launch. While an up list to Nasdaq could take two months after the merger/launch. Even if Nasdaq has already looked at the private companies and approved a listing upon merger, we still have to close on the OTC market at $2 for five days (tier #1) or $3 for five days (tier #2) or close for one day at $4 for tier #3 for up listing to Nasdaq. We would only have the PR's from Dalton for an OTC launch but huge publicity for the Dream Exchange.
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(1)Univec Conglomerate Inc (UNVC) Stock Research Links
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