InvestorsHub Logo
Followers 605
Posts 69362
Boards Moderated 1
Alias Born 01/09/2007

Re: SilverBack post# 4066

Saturday, 04/07/2018 11:19:45 AM

Saturday, April 07, 2018 11:19:45 AM

Post# of 4425
Enabling Asia inc. $EAIN does NOT come close to NASDAQ trading requirements

NASDAQ Listing Requirements for All Companies

~ Each company must have a minimum of 1,250,000 publicly traded shares upon listing, excluding those held by officers, directors or any beneficial owners of more than 10% of the company.
~ In addition, the regular bid price at time of listing must be $4.00, and there must be at least three market makers for the stock.
~ However, a company may qualify under a closing price alternative of $3.00 or $2.00 if the company meets varying requirements.
~ Each listing firm is also required to follow Nasdaq corporate governance rules 4350, 4351 and 4360.
~ Companies must also have at least 450 round lot (100 shares) shareholders, 2,200 total shareholders, or 550 total shareholders with 1.1 million average trading volume over the past 12 months.

https://www.investopedia.com/ask/answers/121.asp