First American Scientific Corp. (fka FASC)

[TRCPA]

https://www.nasdaqprivatemarket.com/market/membership-requirements

Qualification Requirements

Members must meet at least one of the following criteria.

Funding Received and Enterprise Value*

$30mm within last 2 years and $50mm respectively

Total Assets and Annual Revenue**

$50mm for each


Annual Net Income**

$750K

Shareholders’ Equity

$5mm and two year operating history


Sponsorship‡

Backing by recognized financial investor(s) with a track record of successful venture investments



* Based on most recent financing round/NASDAQ Private Market transaction

** In the latest fiscal year, or in two of the last three fiscal years

‡ Sponsored by a qualified entity which has invested in at least three private equity investments over the prior two years or has at least $50 million under management, and has a significant investment in the company.