InvestorsHub Logo
Followers 5
Posts 76
Boards Moderated 0
Alias Born 06/25/2014

Re: trding post# 17273

Thursday, 09/21/2017 4:30:44 PM

Thursday, September 21, 2017 4:30:44 PM

Post# of 233049
Uplisting Requirements

Based on my research, I think the only viable uplisting would be to the Nasdaq Global Market, under the Market Value Standard, which has the following requirements:

1) Market Value of Listed Securities > $75M
CYDY meets that.

2) Publicly held shares > 1.1M
According to Morningstar, CYDY has 138M share Float

3) Market Value of publicly held shares > $20M
138M shares x $0.60 = $93.8M -- so that requirement is met.

4) Round lot shareholders > 400
I presume this requirement is exceeded.

5) Majority of independent directors & various related requirements
CYDY meets these.

6) Market Makers >= 4
Does anyone know how many CYDY has?

7) Bid Price > $4 "for 90 consecutive trading days before applying [for uplisting]."
Obviously, this is not met. And it would mean that an uplisting wouldn't occur until at least 90 days after a reverse split.

Thoughts? Comments?
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent CYDY News