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Just1MoreShare

01/26/24 9:25 AM

#113228 RE: dshade #113224

I would be shocked if uplisting happens this year. We may only have 2 of the 5 requirements.

The Nasdaq exchange doesn’t allow any company to trade on its exchange without fulfilling the minimum criteria:

1. 1,250,000 publicly traded shares outstanding on the listing, without including shares held by the directors or officers of the company
2. Company’s stock listed at a price of at least $4.00 a share
3. At least 100 shares and 550 shareholders
4. Cash flow of at least $27.5 million in the last three fiscal years
5. Aggregate pre-tax earnings in the prior three years of at least $11 million or pre-tax earnings in the previous two years of at least $2.2 million