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Bullboard - Stock Discussion Forum Mind Medicine (MindMed) Inc MNMD

Alternate Symbol(s):  N.MMED.WS | N.MMED.WA | N.MMED.WR | N.MMED

Mind Medicine (MindMed) Inc. is a clinical-stage biopharmaceutical company, which is engaged in developing products to treat brain health disorders. It is developing a pipeline of product candidates, with and without acute perceptual effects, targeting neurotransmitter pathways. This specifically includes pharmaceutically optimized product candidates derived from the psychedelic and empathogen... see more

NDAQ:MNMD - Post Discussion

Mind Medicine (MindMed) Inc > Just heard about this stock . . .
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Post by Canadaforoil on Dec 18, 2020 2:40am

Just heard about this stock . . .

and was wondering how they can get listed on the NASDAQ with a share price under the $5 USD opening bid and no sales.  They need to have two quarters of sales over $1M.

While I think it could take off, I don't see how it can get listed in the U.S. yet.  

Any ideas or am I missing something?
Comment by Slewdog on Dec 18, 2020 8:35am
ref: https://investmentbank.com/nasdaq-listing-requirements/ What are the rules to be listed on NASDAQ? To be listed on the NASDAQ exchange and reporting system, the following requirements: Shareholders Equity of at least $2,000,000 At least 100,000 shares of public float A minimum of 300+ shareholders Total assets of $4,000,000 At least two market makers $3 ...more  
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