Woodbrook Group Holdings Inc (WDBG)

[Mr Wayne]

Regarding the reverse IPO with uplisting to the NASDAQ that Doherty mentions. We can assume the bottom part would apply to Woodbrook Group since we know he wants to do it this year.

Seasoning Rules:

The seasoning rules prohibit a company that has completed a reverse merger with a public shell from applying to list until the combined entity had traded in the U.S. over-the-counter market, on another national securities exchange, or on a regulated foreign exchange, for at least one year following the filing of all required information about the reverse merger transaction, including audited financial statements.

However...

One can bypass seasoning if the company is coming to the larger exchange with a firm commitment underwritten public offering with gross proceeds of at least $40 million.


Something I found interesting anyway.