RE:RE:RE:RE:RE:RE:NASDAQ listing Yup there are a variety of ways it can be done.
Canadian company Lightspeed for instance was also traded on OTC (under LGHEF) but when they decided to uplist to the NYSE they did a fresh IPO route, to get attention of US investment banks and their institutional clients, and to get a pricing/repricing of their shares. Their OTC was delisted.
A straight uplisting from OTC is possible (rules are different for foreign companies on OTC though so don't quote me), but you would miss out on the glare and PR of the IPO roadshow.
The IPO then wouldn't be for financing, but could be done for attention and a share repricing (especially good if the SP goes wild between now and then).
All just ruminations.
Nosleep wrote:
Satxxx wrote: Sorry, the OTC is not considered an equivalent of the formal exchanges such as NASDAQ or the NYSE. The company trades under the symbol PYRNF. meaning it is a foreign share.trading over-the-counter..
https://www.investopedia.com/ask/answers/08/otc-nyse-nasdaq.asp
this article might give us some insight. Outside of that we will have to wait for Peter to tell us how it'll happen