Avid Bioservices Inc (CDMO)

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Interesting tidbit in the SEC Filing:

No current market exists for the Series E Preferred Stock. We have filed an application to list the Series E Preferred Stock on the NASDAQ. In order to list, the NASDAQ requires, among other things, that at least 200,000 shares of Series E Preferred Stock be outstanding and the shares must be held in the aggregate by at least 100 round lot shareholders holding an aggregate of at least $3,500,000 in shares. If approved for listing, we expect that trading on the NASDAQ will commence within 30 days after the date of initial issuance of the Series E Preferred Stock