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Re: None

Monday, 11/26/2018 2:11:29 PM

Monday, November 26, 2018 2:11:29 PM

Post# of 613
I saw this today on BNN ADVFN England board about reverse mergers and listing on NASDAQ and I am wondering if these rule would apply to MICT if this reverse merger goes through in regards to this new company being listed on the NASDAQ at this link.

https://www.sec.gov/rules/sro/nasdaq/2017/34-80888.pdf

At link I posted above one scenario requires a $4 NASDAQ listing price minimum and another alternative price minimum of at least $2 or $3 on NASDAQ
Member mars00 posted this link above today on the BNN ADVFN Board in England and I posted direct link to that board if you want to read this for yourself. I am thinking if an eventual listing on the NASDAQ would occur for this new future company if this reverse merger goes through between MICT BNN and a third party at the very minimum $2 this would be a huge increase from share price today and even a 67% gain for me with my average of $1.20 a share for MICT. Would these be the correct SEC laws that would apply if this reverse merger goes through.

https://uk.advfn.com/stock-market/london/bnn-technology-BNN/share-chat?