Nasdaq Listing Requirements
Don't we qualify for this? I have feeling that we could be moving any day.
Cheers
Chester
CONTINUED LISTING
Companies must meet all of the criteria under at least one of the three standards below.
NASDAQ Capital Market Continued Listing Requirements
| Requirements | Standard 1 | Standard 2 | Standard 3 | Marketplace Rules1 |
| Stockholders’ equity | $2.5 million | N/A | N/A | 4310(c)(3) 4320(e)(2) |
| Market value of listed securities2 | N/A | $35 million | N/A | 4310(c)(3) 4320(e)(2) |
| Net income from continuing operations (in the latest fiscal year or in two of the last three fiscal years) | N/A | N/A | $500,000 | 4310(c)(3) 4320(e)(2) |
| Publicly held shares3 | 500,000 | 500,000 | 500,000 | 4310(c)(7) 4320(e)(5) |
| Market value of publicly held securities | $1 million | $1 million | $1 million | 4310(c)(7) 4320(e)(5) |
| Bid price | $1 | $1 | $1 | 4310(c)(4) 4320(e)(2) |
| Shareholders (round lot holders)4 | 300 | 300 | 300 | 4310(c)(6) 4320(e)(4) |
| Market makers5 | 2 | 2 | 2 | 4310(c)(1) 4320(e)(1) |
| Corporate governance | Yes | Yes | Yes | 4350, 4351 and 4360 |