RE:RE:Nasdaq Conditional Approval From the EXRO NR:
"For the time being, we are focused on executing our milestones and assessing the best timing to complete the up-list" EXRO NR
The timing is in EXRO's hands. SEC is only concerned with EXRO meeting the Exchange Act requirements, which pretty much is addressed during the Nasdaq review. Once Exro decides to pull the trigger, the Sec likely will declare effectiveness within a day.
SEC also relies on Canadian Regulatory approvals for registration documents and does not normally review these.
That's how I see it. Good luck, guys.