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martymech

01/06/23 10:46 PM

#59150 RE: mrnutsandbolts #59149

Great question! There are a few different paths that EGOC/Pangbo Group can take if they want to list up to Nasdaq. I don't know which path they are going to take . They probably know but I don't . Here is a good read that shows how they can get there and what is required. I am not a financial expert on that topic and besides we don't have all of the information yet about the merger and the assets etc. but this link should provide the answers concerning the few different ways to get there and the requirements. It's a pretty good read

https://www.investopedia.com/ask/answers/nasdaq-listing-requirements/.
Bullish
Bullish

netmoney1999

01/07/23 2:03 AM

#59158 RE: mrnutsandbolts #59149

Typically $4 min per share. Lower price can be allowed with more clean financials and revenue history etc but that quickly becomes a high bar to pass. Marty posted a link with some good info.