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