InvestorsHub Logo
Followers 1
Posts 79
Boards Moderated 0
Alias Born 08/10/2010

Re: nobody12378 post# 40465

Friday, 08/22/2014 3:04:12 PM

Friday, August 22, 2014 3:04:12 PM

Post# of 52841
https://listingcenter.nasdaqomx.com/Material_Search.aspx?cid=14&mcd=LQ


NASDAQ views reverse stock splits as an acceptable method to regain compliance. If the company determines to implement a reverse stock split, it will need to log in to the Listing Center, complete a Company Event Notification, and remit the $15,000 fee at least 15 calendar days prior to the implementation of the reverse split.


What I am not sure, how this would this also apply to penny stocks too?