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fantasytrip

12/22/20 10:12 PM

#89784 RE: TooFrank #89780

SHMP DOES QUALIFY FOR THE CAPITAL MARKET $2 5505 b tier

Here is the link from NASDAQ again with that info in the middle column under capital market requirements. scroll down.

No revenue required by the way! It qualifies and then some for all requirements inder that tier.

There are three ways of qualifying fir the capital market tier ...this $2 closing fee manner of qualifying does not require showing revenue at all, but is based on company value of $5 million and other factors like number of shareholders etc. with which they already way surpass the basic requirements.

https://listingcenter.nasdaq.com/Assets/Initialguide.pdf