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Bullboard - Stock Discussion Forum Very Good Food Company Inc VGFCQ

Very Good Food Company Inc is a Canada-based company. The Company engaged in food manufacturing.

GREY:VGFCQ - Post Discussion

Very Good Food Company Inc > Excellent YT analysis update on VERY, NASDAQ here we come!
View:
Post by BryceCanada on Oct 04, 2021 9:51am

Excellent YT analysis update on VERY, NASDAQ here we come!

Comment by divime1 on Oct 04, 2021 11:08am
I have been watching this for awhile . The minimum stock price for a NASDAQ listing is $ 5.00 U.S .. This would require a reverse split of  at least 3 or 1 with VRYYF trading at $ 2.03 .  Reverse splits usually mean the price goes down after the split . One exception is TheScore that went up after a split and got taken out at a nice premium .
Comment by 2Moneymaker2018 on Oct 04, 2021 11:49am
there is alot of listings on nasdaq well under $5.
Comment by divime1 on Oct 04, 2021 12:05pm
True but the initial listing price must be $ 5.00 . Initial Minimum Bid Price for Stock: The stock must have a minimum initial bid price of $5.00, and must later remain at or above $1.00. This requirement serves as a safeguard against certain market activities associated with low-priced securities, and protects the credibility of the NASDAQ market. https://www.findlaw.com/smallbusiness ...more  
Comment by AhSocks77 on Oct 04, 2021 3:56pm
This post has been removed in accordance with Community Policy
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