Sunday, April 30, 2017 7:50:50 AM
Chinese companies can't reverse merge to Nasdaq. They must do a year on otc first. The article in the post below this is from 2011
ZJMY chose the reverse merger route because of its speed. This EV market is exploding and they aren't gonna fall behind waiting on an IPO
Reverse mergers from china CANT go straight to Nasdaq.
Quote:
Nasdaq, and NYSE ICE-0.02% and NYSE Amex, now prohibit a reverse merger company from applying to list until the company has completed a one-year “seasoning period” by trading in the U.S. over-the-counter market or on another regulated U.S. or foreign exchange following the reverse merger.
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