Thursday, March 14, 2024 7:06:15 PM
Read the following:
Nasdaq Uplisting Requirements
Also, the Nasdaq exchange doesn’t allow any company to trade on its exchange without fulfilling the minimum criteria:
1,250,000 publicly traded shares outstanding on the listing, without including shares held by the directors or officers of the company
Company’s stock listed at a price of at least $4.00 a share
At least 100 shares and 550 shareholders
Cash flow of at least $27.5 million in the last three fiscal years
Aggregate pre-tax earnings in the prior three years of at least $11 million or pre-tax earnings in the previous two years of at least $2.2 million
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