Amarantus Bioscience Holdings Inc (AMBS)

[Skeetz99]

Interesting read; but it still refers to a minimum stock price of $2 (but AMBS will now have the equity requirements). Lingering question; will a R/S still happen?

Under the new NasdaqCM requirements, a stock can qualify for listing if it closes at $3 or above for at least five consecutive business days prior to approval. The five-day requirement is in place to reduce the risk of price manipulation aimed at allowing a security to qualify for listing. In addition to the $3 share price requirement, the company must meet the following requirements:
?Stockholders’ equity of at least $5 million
?Market value of publicly held shares of at least $15 million
?Two years of operating history

Or:
?Net income from continuing operations of $750,000 in the most recently completed fiscal year or in two of the three most recently completed fiscal years
?Stockholders’ equity of at least $4 million
?Market value of publicly held shares of at least $5 million.

Securities with a $2 minimum closing price for five consecutive business days prior to the approval can also qualify for listing on the NasdaqCM if they meet the Market Value of Listed Securities Standard, which requires a market value of listed securities of at least $50 million, stockholders’ equity of at least $4 million, and a market value of publicly held shares of at least $15 million