Sigma Labs Inc (SASI)

[r0und3r]

Those requirements are for the Nasdaq Global SELECT Market (Large Cap), see the following for the Nasdaq Capital Market (Small Cap).

Under the new NasdaqCM requirements, a stock can qualify for listing if it closes at $3 or above for at least five consecutive business days prior to approval. The five-day requirement is in place to reduce the risk of price manipulation aimed at allowing a security to qualify for listing. In addition to the $3 share price requirement, the company must meet the following requirements:

-Stockholders’ equity of at least $5 million
-Market value of publicly held shares of at least $15 million
-Two years of operating history

Or:

-Net income from continuing operations of $750,000 in the most recently completed fiscal year or in two of the three most recently completed fiscal years
-Stockholders’ equity of at least $4 million
-Market value of publicly held shares of at least $5 million.

Market tiers
NASDAQ Capital Market – Small Cap
NASDAQ Global Market – Mid Cap
NASDAQ Global Select Market – Large Cap



Here is my reference: See "Nasdaq Capital Market" section.
https://listingcenter.nasdaqomx.com/assets/initialguide.pdf