InvestorsHub Logo
Followers 18
Posts 1644
Boards Moderated 0
Alias Born 03/13/2009

Re: tomatotom post# 46356

Thursday, 10/03/2013 4:15:02 PM

Thursday, October 03, 2013 4:15:02 PM

Post# of 163722
According to NASDAQ's listing standards, they (shorters) s/h 5-6 weeks cover; but at what price point, who knows?!

Could be a bit longer if NASDAQ ties the S-1 to its final approval, but can't say this will be the case for sure.

NASDAQ would mainly want to make sure that approving listing doesn't "gun-jump" SIAF's PPS in order to attract investors to the shares being registered under the S-1.

Could be resolved with a good internal discussion on the use of S-1 shares w/compliance folks from NASDAQ, possibly allowing the process to move forward before S-1 approval.

In other words, 5-6 weeks might be doable.

Listing Guidelines: http://bit.ly/1fMfZw3
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.