Post by
Linc1581 on Jul 27, 2020 1:53pm
NASDAQ requirements
well inmed is under the requirements now for listing. Will continue to bleed...they will also dilute still to keep money in the bank for operations which will be 65-70% dilution.
Comment by
MeanGreen on Jul 27, 2020 2:44pm
I believe it's the closing price that matters. As long as they're above $4 USD at close it should be fine
Comment by
Linc1581 on Jul 27, 2020 2:55pm
even if they get uplisted are they going to offer the 12 million USD at 3.50 USD? There needs to be some incentive for new investors to buy into it below market price. This will be 70-85% dilution of existing shareholders...not looking good at all.