I thought so, too, SuperWealthy.
Especially when you look at the listing requirements:
https://venturelawcorp.com/listing-requirements-nasdaq/
There are three different boards to list on.
- NASDAQ Global Select Market: NASDAQ GSM
- NASDAQ Global Market: NASDAQ GM
- NASDAQ Capital Market: NASDAQ CM
The listing requirements for the NASDAQ CM are the least stringent/onerous. CDX could easily meet them all with the exception of SP which can be as low as US$2.00.
This could probably be achieved either via a consolidation with an SP in the 20+ cents range, or by a consolidation in combination with issuing American Depository Receipts (ADRs) in a prescribed ratio to create the required listing price.
Not that I know what I'm talking about
Taken at face value, Craig's comment suggests that not only is he eyeing it up, it's something that is actively being worked on.
Could be a bigger '22 than we think.
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1 | 7150 | 0.070 |
1 | 30000 | 0.067 |
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