Traxion Sab De Cv Ord Shs GRPOF

RE:RE:NASDAQ listing

[indaknownewfie]

PatrickB1 wrote: I think the rules are $1+ to be listened on NASDAQ! And I’m sure there’s other kind of requirements to meet as well... but not 100% sure :)

Go Tetra Go

Nasdaq Global Market Listing Requirements

Requirements	Income Standard	Equity Standard	Market Value Standard(3)
				Revenue Standard
Pre-Tax Income Last Year (In latest fiscal year or in 2 of last 3 fiscal years)	$1,000,000	N/A	N/A
Total Assets and Total Revenue (In latest fiscal year or in 2 of last 3 fiscal years)	N/A	N/A	N/A
Market Value Publicly Held Stock(1)	$8,000,000	$18,000,000	$20,000,000
Market Value of Listed Securities(2)	N/A	N/A	$75,000,000
# of Shares Publicly Held	1,100,000	1,100,000	1,100,000
# Public Board Lot Holders	400	400	400
Trading Price of Listed Securities	$4.00	$4.00	$4.00
Shareholders Equity	$15,000,000	$30,000,000	N/A
Market Makers	3	3	4
Operating History	N/A	2 years	N/A

Notes:

1. Publicly held shares is defined as total shares outstanding, less any shares held directly or indirectly by officers, directors or any person who is the beneficial owner of more than 10% of the total shares outstanding of the company. Entities in which an officer, director, or 10% owner has voting and/or dispositive power, such as a typical Employee Stock Option Plan, are excluded from publicly held shares.
2. The term, “listed securities”, is defined as “securities listed on NASDAQ or another national securities exchange.”
3. Seasoned companies (those companies already listed or quoted on another marketplace) qualifying only under the Market Value Standard must meet the market value of listed securities and the bid price requirements for 90 consecutive trading days prior to applying for listing.