Sir, technically as they are below $5 bucks, they are already a penny stock.
What Is a Penny Stock?
A penny stock typically refers to the stock of a small company that trades for less than $5 per share. Though some penny stocks trade on large exchanges such as the New York Stock Exchange (NYSE), most trade via over-the-counter (OTC) transactions through the electronic OTC Bulletin Board (OTCBB) or through the privately-owned OTC Markets Group. There is no trading floor for OTC transactions. Quotations are also all done electronically.
Penny Stocks Explained
In the past, penny stocks were considered any stocks that traded for less than one dollar per share. The U.S. Securities and Exchange Commission (SEC) has modified the definition to include all shares trading below five dollars. The SEC is an independent federal government agency responsible for protecting investors as they maintain fair and orderly functioning of the securities markets.
Penny stocks are usually associated with small companies and trade infrequently meaning they have a lack of liquidity or ready buyers in the marketplace. As a result, investors may find it difficult to sell stock since there may not be any buyers at that time. Because of the low liquidity, investors might have difficulty finding a price that accurately reflects the market. https://www.investopedia.com/terms/p/pennystock.asp
Conventional wisdom leans towards it being an OTC. However, DIDI is huge and has entrapped a great deal of Institutional holders, capped with very large cache of shares.
That being said, special consideration is a distinct possibility, that may be given to DIDI, because of the way things turned
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