I was about ready to post that Syncora would not meet listing requirements for the NASDAQ (or NYSE). But I see you have now covered that.
Also, and maybe more importantly, a company in run-off isn't going to pursue listing on an exchange. If we are to be listed, it would be in conjunction with (or shortly after) the handcuffs coming off from the NYID and an announcement that we are looking to write new business. And that announcement would likely come after we get rated by one of the rating agencies.
I guess if you wanted to get really speculative, I suppose they could use an exchange listing as leverage to get a better price from AGO... assuming AGO is attempting to acquire us, and the specter of Syncora getting listed and ready to announce they can/will write new business is something that AGO wants to block. But I wouldn't go there, personally.
