The first answer to one of our questions:
1. What are the requirements for uplisting: 4 or 5 dollar, is that bid or closing price for 30/60/90 days?
"Hello 996,
Here is the answer to your first question by Nasdaq officials.
The price requirement is still $4. Good news is that $4 can qualify for Global Market now.
As for days, so long as the company is not qualifying under standard 2 of the capital market or standard 3 of global market, then they would require to have a 90 consecutive trading days prior to applying for listing. Otherwise, there is no trading day requirement. However, Nasdaq generally likes to see them trading above 4 dollar for 5 days prior to approval.
And the whole reviewing and approval process normally takes about one month.
Thanks.
Karen Wang
Sr. Account Executive
CCG Investor Relations - Strategic Communications"
