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hedge_fun

01/27/23 9:27 PM

#70323 RE: wlfr01 #70321

NASDAQ National Market (NASDAQ)

The NASDAQ National Market imposes minimum bid price, quantitative and other criteria in determining whether a company will be permitted to list its stock on the NASDAQ.

Initial Minimum Bid Price for Stock: The stock must have a minimum initial bid price of $5.00, and must later remain at or above $1.00. This requirement serves as a safeguard against certain market activities associated with low-priced securities, and protects the credibility of the NASDAQ market.


https://www.findlaw.com/smallbusiness/business-finances/markets-and-listing-requirements.html

With all those billion$ the Toy is going to find, there may not be a reason to split.

And all those blockbuster media deals and museum exhibits should leave plenty of $$$ to do a YUGE stock buyback.

Think BIG!

The permit is nigh!
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LittleBirdin my Ear

01/28/23 11:58 AM

#70326 RE: wlfr01 #70321

I actually believe it is $2/share along with other factors being met.
• Valuation
• So many Stockholders
( Not 100% Sure ) ????