Paysign Inc (PAYS)

[ebrie014]

Nasdaq Capital Markets Listing Requirements:

re-posting as someone asked about this.

see the link below p.9 of the actual document under the Nasdaq Capital Market Tier.

https://listingcenter.nasdaq.com/assets/initialguide.pdf

3Pea needs a closing price of between 2$ and 3$ to qualify (depending which qualification standard it uses). Closing price can be used if the Company has (i) average annual revenues of $6 million for three
years, or (ii) net tangible assets of $5 million, or (iii) net tangible assets of $2 million and a 3-year operating history.

TPNL can pretty much qualify for most of them other than closing price. all they need to do now is build out their different committees and get more independent directors (4). I figure they will get to the stock price requirement through traditional means and gradual growth - no need for a reverse split if things are progressing as well as they appear to be.

E.