RE:RE:RE:RE:RE:RE:RE:NASDAQ listingI believe we have applied for the Nasdaq-cm not the Nasdaq-Gm. We meet all listing requirements for the Nasdaq-cm that I am aware of. As for the share price, we would require a $4 usd bid or a $2 usd close price.
PteRoy wrote: There are multiple avenues for Pyrogenesis to be listed on the NASDAQ. They have applied for the listing as they believe they have met the requirements for one or more of those avenues. Thats all we need to know for now.
fdfd12 wrote: Thank you but it looks to me that the stock doesn't have to trade at $4 US for its minimum requirement.
It can trade at $2 or $3 and be on NASDAQ under certain conditions, whatever they are.
Any opinions (not from Boneheads please)
PteRoy wrote: "we recently applied for an application to list on the NASDAQ, its a co listing, there will not be a concurrent financing or a stock consolidation" - Peter Pascali Ceo of Pyrogenesis Jan 13th 2021
fdfd12 wrote: You do NOT know it either or you would have answered it.
Peacefultrader wrote: This has been talked about so many times. You can search the discussion history on ceo.ca as well. Lots of solid information. I am so disappointed at you, you as a professional investor was not able to figure this out. Try something new.
fdfd12 wrote: Aarman4 or anyone with some decency like to comment on what I found below?
fdfd12 wrote: Is it possible that PYR doesn't have to be $4US to be on NASDAQ?
A lot of people here are taking it for granted that it will get there soon to be listed since that is the minimum price to be on Nasdaq,
I did some research and I just found this.
The regular
bid price of shares of the company's stock at the time of listing must be at least $4.00. However, a company may qualify under a closing price alternative of $3.00 or $2.00 if the company meets varying requirements.