Ok this is mt thoughts, we have to have so many sh
Post# of 155450

I think they are considering an uplist to the NYSE following the news. I think Cytodyn is getting everything in order. I have a friend who Cytodyn approached to execute his warrants. A few months ago, they told him the time had expired, so they did not need his cash.
Up-listing to the New York Stock Exchange (NYSE) requires a company to meet several criteria, including a specific number of publicly held shares. The exact number can vary depending on the company's circumstances, but there are some general standards.
For a company seeking to list existing securities or transfer its listing to the NYSE, it must have at least 1.1 million publicly held shares. These are shares not held by officers, directors, or other concentrated holdings of 10% or more. In addition, the company must also meet one of the following distribution requirements:
At least 400 holders of 100 shares or more, with an average monthly trading volume of at least 100,000 shares for the most recent six months.
At least 2,200 total shareholders, with an average monthly trading volume of at least 100,000 shares for the most recent six months.
At least 500 total shareholders, with an average monthly trading volume of at least 1 million shares for the most recent 12 months.
It's important to note that these are just a few of the requirements. The NYSE also has standards for a company's financial performance (such as pre-tax earnings or market capitalization), a minimum share price, and corporate governance. The NYSE also has broad discretion and may apply more stringent criteria
How many share does a company have to have available to uplist tothe NYSE or NASDAQ
The number of shares a company must have available to uplist to the NYSE or NASDAQ varies depending on the specific exchange and the listing standard the company is using. Both exchanges have multiple tiers and a range of requirements.
Here is a general overview of the share requirements for each exchange:
NYSE (New York Stock Exchange)
Publicly Held Shares: For a company seeking to list existing securities or transfer its listing, the NYSE generally requires at least 1.1 million publicly held shares. These are shares not held by officers, directors, or other concentrated holdings of 10% or more.
Shareholders: In addition to the number of shares, the company must also meet specific shareholder requirements, such as:
At least 400 holders of 100 shares or more, with a certain average monthly trading volume.
Or, at least 2,200 total shareholders, with a certain average monthly trading volume.
Or, at least 500 total shareholders, with a higher average monthly trading volume.
The NYSE also has different standards for companies listing in connection with an initial public offering (IPO) and for foreign private issuers.
Remember, these are my thoughts after 13 years of being in. GLTA

