Actually this depends on how IM3 lists. Direct listing: no...

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joeycloud

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21/09/21

20:52

Post #: 56248362
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Originally posted by Rebelyel: ↑

What dilution? If the company is listed on another exchange it works out the same. Stock is just spread over the two and if US investors start buying, the share price goes up. It does cause more liquidity but generally if there are more investors the share price becomes more stable. (In theory).
Bring on the listing I say. US investors would jump all over this I would think. Especially with the publicity it has and will generate in the New York area.
Another no brainer for me. Just wish I had more to throw at this thing at these prices.
Anyone want to buy a second hand coffee van?

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Actually this depends on how IM3 lists.

Direct listing: no shares are created. Existing shareholders simply can start selling their units to the public if they want to. No special ceremony like hitting the bell, and US investors/traders will just gradually discover the share and price adjustments happen gradually.

IPO-style listing: shares are created on IM3 side in order to raise capital for post-listing growth plans. Share dilution does occur but the post IPO opening price jump generally makes up for this as there's more attention on then when they go public.

both NASDAQ and NYSE offer both types of listing though with various prerequisites on shareholders, existing capital and assets to be eligible.

MNS Price at posting: 30.5¢ Sentiment: Buy Disclosure: Held
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