Sonendo Inc (SONX)

[RichieBoy]

As far as I can find... You're wrong.

NYSE requires a $4 relisting Share Price. SONX would also need to maintain a $1.00 share price for at least 6 months after the relisting. Be clear a Relisting can never be an IPO two different animals.

All quite confusing but bare with me it resolves itself. The CEO has two choices. Bjarne can either buy back shares propping up SONX share price, or... (are you sitting down?) He can perform an R/S... OMG!!!??? It's game over we're going to DIE. We'll not exactly, actually far from it. $4 is the threshold entry S/P . After relisting SONX only needs to maintain $1 in NYSE share price.

Well how in heck are we going to do that? That's where many get very restrictively CONFUSED*. WE my friend do Nothing Nada, Zilch! (ok bight our nails for breakfast) The NYSE* investors don't forget are now once again encouraged to buy because SONX has requalified. They do all the heavy lifting 🤔

That's the threshold many struggle to understand because the next part is hypothetical. SONX is far from out of the woods. It needs to convince NYSE investors that the company will be profitable with its revised business plan and market cap.... For at least a few years.

That's where Bjarne absolutely must convince investors he has the business plan, connections, preparations, AND PRODUCT to set the S/P flying. Successful execution of relisting all hinges on Valsoft being ready to handle all the orders, all the B2B partners, all the sales etc etc.

That's why Bjarne cannot talk about ValSoft yet. It's simply not properly coded yet for all the transactions, diagnosis, etc. that SONX will rely upon TDO Software to perform flawlessly*, professionally*, internationally*. Yes TDO Software still exists 🫣🤫

Yes he's only focused on North America for now but eventually he will wind up in Europe. Norway will be first on the list naturally but not limited too. So everything about Sonendo must be firing on all cylinders before he can convince a picky bunch of NYSE investors SONX will be ardently and lucratively profitable for at least* a few years to come.

Please note well, I have no idea what financial mechanisms Bjarne will employ to relist SONX to it's former glory on the NYSE. It might/might not be, a BUYBACK, an R/S, a JV, a MERGER of some sort.

Also note well he disclosed he's in the process of uplisting. He definitely has not said when, how, or even where. Although we can assume it's probably the NYSE as first choice in my honest opinion. In fact he might of disclosed NYSE already need to fact check that. Feel better? Phew, good! Thanks I need cup of something, you're getting me all excited... ☕👋