Tuesday, May 28, 2013 4:03:56 PM
Take a look at this PR:
http://www.marketwire.com/press-release/agria-regains-compliance-with-nyse-continued-listing-standard-minimum-share-price-nyse-gro-1783354.htm
From the way I read it. If FNMA was still listed with NYSE they would need $1.00 price for 30 days. The issue is FNMA voluntarily delisted back in June 2010 by filing a form 25 with NYSE and CHICAGO exchanges and is NO LONGER LISTED WITH THESE EXCHANGES http://www.prnewswire.com/news-releases/fannie-mae-notifies-nyse-and-chicago-stock-exchange-of-intention-to-delist-96462904.html and they need to re-apply for a NYSE listing.
From all I've read, all FNMA has to do is have a $4.00 stock price at the time of listing with NYSE. http://usequities.nyx.com/regulation/listed-companies-compliance/listings-standards/us and the same $4.00 criteria applies to NASDAQ and AMEX is $3.00 or $2.00 for certain AMEX filers.
Join Quikfix's Quick Picks board!
FEATURED POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM
Bantec's Howco Short Term Department of Defense Contract Wins Will Exceed $1,100,000 for the current Quarter • BANT • Jun 25, 2024 10:00 AM
ECGI Holdings Targets $9.7 Billion Equestrian Apparel Market with Allon Brand Launch • ECGI • Jun 25, 2024 8:36 AM
Avant Technologies Addresses Progress on AI Supercomputer-Driven Data Centers • AVAI • Jun 25, 2024 8:00 AM
Green Leaf Innovations, Inc. Expands International Presence with New Partnership in Dubai • GRLF • Jun 24, 2024 8:30 AM