Delcath Systems Inc (DCTH)

[Bond]

speaking of Nasdaq promise, in the last reverse split filing of year 2018.
this was written in Feb 14th, 2018 PRE 14A. that the reason they want to RS is they want to go to Nasdaq it's been only 18 months and here we go, one more RS but no Nasdaq.

In determining which reverse stock split ratio to implement, if any, following receipt of stockholder approval, the Board of Directors may consider,
among other things, various factors, such as:
• the historical trading price and trading volume of our Common Stock;
• the then-prevailing trading price and trading volume of our Common Stock and the expected impact of the reverse stock split on the trading
market for our Common Stock in the short- and long-term;
• our ability to possibly regain our listing on The NASDAQ Capital Market;
• which reverse stock split ratio would result in the least administrative cost to us; and
• prevailing general market and economic conditions.