What are the rules to be listed on NASDAQ? To be listed on the NASDAQ exchange and reporting system, the following requirements:
- Shareholders Equity of at least $2,000,000
- At least 100,000 shares of public float
- A minimum of 300+ shareholders
- Total assets of $4,000,000
- At least two market makers
- $3 minimum bid price of the company stock
- Public float market value of $1,000,000
In light of the above, to answer your question, ”Does anybody else think this is a possibility?”
No.
The whole point is to own shares in a company where the number of shares issued is not enough to satisfy the market demand, isn’t it?
2021 BRN Discussion, page-32807
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Change
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Mkt cap ! $371.1M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 20.5¢ | 19.5¢ | $843.2K | 4.220M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 71948 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 644737 | 16 |
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