CSE:FAT - Post Discussion
Post by
KozmoT on Jul 20, 2023 11:50am
A company has to meet 1 of 4 Financial Standards for NASDAQ
listing. Fat has no chance at the first 3 as they have neither cash flow nor revenue. To meet Standard No. 4 "Assets With Equity" they need a market capitalization of $160 million. Anybody here know what FAT's current Market Cap is?
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Standard No. 4: Assets With Equity Companies can eliminate the cash flow and revenue requirements and decrease their market capitalization requirements to $160 million if their total assets total at least $80 million and their stockholders' equity is at least $55 million."
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