RE:RE:RE:RE:NASDAQ listing requirementsYaeh but you're missing the little asterisks on the lett, that qualify the closing price of USD$2. It's not enough to just meet what's in the columb, as they further quality the USD$2 in the small print below the chart. That's where the net tangible asset stuff comes into play.
Yajne wrote: yes MtG, I meant ALL criteria in middle column on pg 10
MidtownGuy wrote: Yes but there are sub criteria to the sub criteria. The USD$2 isn't a given unless you do the math and ensure they meet the net tangible assets threshold, which they never have until the most recent financials were released.
Yajne wrote: bump...from a week ago
Yajne wrote: Based on the initial listing guide, it seems there is one scenerio in which PYR already meets the listing requirements, the Market Value of Listed Securities Standard...5505(a) and 5505(b)(2) under the closing price alternative of US$2. This standard is middle column on pg.10 of the Dec2020 Initial Listing Guide. Would appreciate feedback if I've interpreted the guide correctly.
Link: https://listingcenter.nasdaq.com/assets/initialguide.pdf