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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Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $333.6M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 18.0¢ | 16.8¢ | $1.713M | 9.977M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 308539 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 1292113 | 14 |
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