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CashMoneyCarl

08/15/18 3:40 PM

#17851 RE: fly2bobsd #17841

And someone correct me if I'm wrong, but I read somewhere that the price must remain above $4 for a min of 90 consecutive days first CVSI can get on it.



Google is your friend..

Requirements to Uplist to NASDAQ

Amoung other things, the regular bid price at time of listing must be $4.00, and there must be at least three market makers for the stock.

To my knowledge, CVSI meets all the requirements so its just a matter of time. The application/approval process is the part we will have to wait on.

It generally takes 4-6 weeks to process a listing application. This time frame is variable and may be shortened considerably, if the application raises no issues and the company responds to staff comments.

Week 1. Company submits application for listing and NASDAQ listing Qualifications staff begins its review.
Week 2-3. Staff completes its preliminary review and prepares comment letter.
Week 3-4. Company addresses any issues raised by staff.
Week 5-6. Staff completes their review and company is approved for listing.

jefra1965

08/15/18 10:08 PM

#17876 RE: fly2bobsd #17841

I believe is the Nasdaq Capital Market
https://listingcenter.nasdaq.com/assets/initialguide.pdf
https://www.investopedia.com/ask/answers/nasdaq-listing-requirements/

Listing Timeline
While it generally takes four to six weeks to process a listing application, this time frame is variable and may be shortened considerably, if the application raises no issues and the company responds quickly to Staff comments.
Week 1. Company submits application for listing and Nasdaq Listing Qualifications Staff begins its review. Weeks 2-3. Staff completes its preliminary review and prepares comment letter.
Weeks 3-4. Company addresses any issues raised by Staff.
Weeks 5-6. Staff completes their review and company is approved for listing.
Short Document Checklist
Since we are able to gather much of the information needed to verify compliance from publicly available sources, the forms and supporting documentation you need to apply to Nasdaq should take only a short time to prepare. You may click on the links below to preview the respective form.
1. Symbol Reservation Form. This form is required to reserve or change your trading symbol. Symbol reservation requests may be submitted up to two years in advance and can be completed online through the Listing Center.
2. Listing Application. This form can be completed online through the Listing Center.
3. Listing Agreement. This form can be completed online through the Listing Center.
4. Corporate Governance Certification. This form can be completed online through the Listing Center.
5. Check Payment Form. All payments to Nasdaq may be made by check or wire. This form is only required when making payments by check. Companies must submit the application fee along with their application. The full entry fee is due prior to the first day of trading.
6. Logo Submission Form. This form can be completed online through the Listing Center.

Nasdaq Market Tiers
The Nasdaq Stock Market has three distinctive tiers: The Nasdaq Global Select Market®, The Nasdaq Global Market® and The Nasdaq Capital Market®. Applicants must satisfy certain financial, liquidity and corporate governance requirements to be approved for listing on any of these market tiers. As illustrated in the following tables, the initial financial and liquidity requirements for the Nasdaq Global Select Market are more stringent than those for the Nasdaq Global Market and likewise, the initial listing requirements for the Nasdaq Global Market are more stringent than those for the Nasdaq Capital Market. Corporate governance requirements are the same across all Nasdaq market tiers.
It is important to note that even though a company’s securities meet all enumerated criteria for initial inclusion, Nasdaq may deny initial listing, or apply additional conditions, if necessary to protect investors and the public interest.