VirTra Inc (VTSI)

[The_Gman]

Below is a link to the pdf download for the NASDAQ listing requirements and process. Under the Nasdaq Capital Market, there are some options other than a $4 share price listed on Page 9.

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&ved=0ahUKEwirxciS1YPTAhUK7mMKHbOdBJAQFggcMAA&url=https%3A%2F%2Flistingcenter.nasdaq.com%2Fassets%2Finitialguide.pdf&usg=AFQjCNFrHEbzEJaV5EBWZohJhqGERKZ-AQ&cad=rja

"Nasdaq Market Tiers

The Nasdaq Stock Market has three distinctive tiers: The Nasdaq Global Select Market®, The Nasdaq Global Market® and The Nasdaq Capital Market®. Applicants must satisfy certain financial, liquidity and corporate governance requirements to be approved for listing on any of these market tiers. As illustrated in the following tables, the initial financial and liquidity requirements for the Nasdaq Global Select Market are more stringent than those for the Nasdaq Global Market and likewise, the initial listing requirements for the Nasdaq Global Market are more stringent than those for the Nasdaq Capital Market. Corporate governance requirements are the same across all Nasdaq market tiers.

It is important to note that even though a company’s securities meet all enumerated criteria for initial inclusion, Nasdaq may deny initial listing, or apply additional conditions, if necessary to protect investors and the public interest."