Replies to post #141590 on NanoViricides Inc. (NNVC)

[loanranger]

They had to do a reverse split to get the listing, so it only make sense that they would have to do a reverse split to keep it.


The first one was 3 to 1.


But is this true?
"The reverse split is intended to increase the market price per share of the Company's common stock to allow the Company to maintain its NYSE American listing."

There are lower priced stocks on the NYSE American, aren't there?
I know that there is no stated minimum price to maintain a listing....the exchange simply doesn't allow "low prices".