I don't get your post. I posted the actual quote.
I've also confirmed that there is discretion involved by speaking with an executive at NASDAQ. That explains perfectly why Leo was wondering what the delay was. Obviously the attorneys believed all was set, but NASDAQ decided to wait.
There are also case where a company qualifies, but NASDAQ just decides to see another filing. Or the company qualifies, but NASDAQ wants to see a higher or rising share price. It's their club, and they get to decide on how they process admissions.