Innovation Pharmaceuticals Inc (IPIX)

[CHUNKY44]

B1 appears to say that only registrants with more than $75 million market cap can use S-3 to register shares to offer. Not sure what happens when the registrant market cap dips below $75 million subsequent to S3 registration.

B6 is an exception to B1, for registrants with less than $75 million market value, but they have to be on a national exchange to use the B6 exception.