biOasis Technologies Ord Shs V.BTI.H

Alternate Symbol(s): BIOAF

Healthcare Biotechnology

Bioasis Technologies Inc. is a Canada-based biopharmaceutical company focused on research and development of technologies and products intended for the treatment of patients with nervous system, including central nervous system, diseases and disorders. The Company is engaged in the development of its xB 3 platform, which is a peptide-based technology, for the transport of therapeutic agents, in particular biological products, across the blood-brain barrier (BBB). It is focused on both orphan drug indications, including brain cancers, and rare genetic neurodegenerative diseases and neuroinflammatory conditions. The Company is also focused on its Epidermal Growth Factor (EGF) platform for treating rare and orphan neurodegenerative and neuroinflammatory disorders. EGF is a protein that stimulates cell growth and differentiation, notably for myelin producing cells. Its development programs include xB3-001: Brain Metastases, xB3-002: Glioblastoma and xB3-007: Neurodegenerative Disease.

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biOasis Technologies Ord Shs

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Comment by rustycaton Sep 24, 2018 5:07pm

120 Views

Post# 28680924

RE:RE:RE:RE:RE:RE:RE:RE:Deals, deals and more deals

Sigh, regardless.....

Roman Ansari, Investment Banker, Wealth Management

Answered Jan 29, 2014

It generally takes 4-6 weeks to process a listing application. This time frame is variable and may be shortened considerably, if the application raises no issues and the company responds to staff comments.
Week 1. Company submits application for listing and NASDAQ listing Qualifications staff begins its review.
Week 2-3. Staff completes its preliminary review and prepares comment letter.Week 3-4. Company addresses any issues raised by staff.
Week 5-6. Staff completes their review and company is approved for listing.

NASDAQ won't allow just any company to be traded on its exchange. Only companies with a solid history and top-notch management behind them are considered. NASDAQ has three sets of listing requirements. Each company must meet at least one of the three requirement sets, as well as the main rules for all companies.
Listing Standard No. 1The company must have aggregate pre-tax earnings in the prior three years of at least $11 million, in the prior two years at least $2.2 million, and no one year in the prior three years can have a net loss.
Listing Standard No. 2The company must have a minimum aggregate cash flow of at least $27.5 million for the past three fiscal years, with no negative cash flow in any of those three years. In addition, its average market capitalization over the prior 12 months must be at least $550 million, and revenues in the previous fiscal year must be $110 million, minimum.
Listing Standard No. 3Companies can be removed from the cash flowrequirement of Standard No. 2 if the average market capitalization over the past 12 months is at least $850 million, andrevenuesover the prior fiscal year are at least $90 million.

After getting delisted due to bankruptcy it may take a company a minimum of 180 days however there are exceptions and loopholes. I have successfully re-listed a company in 8 weeks after bankruptcy was discharged.

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