Replicel now a Tier 2 Company In accordance with Policy 2.5, the company has not maintained the requirements for a Tier 1 company. Therefore, effective at the opening on Thursday, Nov. 30, 2023, the company's tier classification will change from Tier 1 to Tier 2.
Policy 2.5 (TSX)
This Policy describes the minimum standards to be met by Issuers to continue to qualify for listing in each tier. These minimum standards, referred to as Tier Maintenance Requirements or TMR, relate to the financial situation, activity and shareholder distribution of Issuers.