Aplus wrote: Here is the listing requirements.
Any other question?
Contract the NASDAQ Capital Market application department.
Phone: +1 301 978 8008
Email: listingapplications@nasdaq.com
Nasdaq Capital Market: Financial and Liquidity Requirements
Equity Standard
Bid Price $4 USD
OR Closing Price*** $3 USD
Market Value of Listed
Securities Standard*
Bid Price $4 USD
OR Closing Price*** $2 USD
Net Income Standard
Bid Price $4 USD
OR Closing Price*** $3 USD
* Currently traded companies qualifying solely under the Market Value Standard must meet the $50 million Market Value of Listed Securities and the applicable bid price requirement for 90 consecutive trading days before applying.
*** To qualify under the closing price alternative, a company must have: (i) average annual revenues of $6 million for three years, or (ii) net tangible assets of $5 million, or (iii) net tangible assets of $2 million and a 3 year operating history, in addition to satisfying the other financial and liquidity requirements listed above.
In addition to the above requirements, if the security is trading in the U.S. over-the-counter market as of the date of application, the security must have a minimum average daily trading volume of 2,000 shares (including trading volume of the underlying security on the primary market with respect to an ADR), over the 30 trading day period prior to listing, with trading occurring on more than half of those 30 days, unless such security is listed on the Exchange in connection with a firm commitment underwritten public offering of at least $4 million.
madhunky wrote: BrandNewIdiot01 wrote: Forget NASDAQ, that's not happening. TSX will, eventually. I'm tired of coming to this site and $hitting my pants. This (ntar) is a winner. Organizations are gonna need this, or something like it. If they can keep signing deals, which will happen. We're all good. No one will get super rich, but there certainly is an easy ride right here.
Forget NASDAQ? You think it will uplist to TSX but NASDAQ not happening? Give your head a shake pal, you are so full of it. NEXTECH going to uplist to a major exchange in Canada but stay on a minor exchange in the U.S.? NOT GOING TO HAPPEN!! You can't be serious. The U.S. shareholders would REVOLT and I wouldn't blame them. Pardon me, but I guess your moniker says a lot, you are a bit of an idiot