nasdaq listing

The following is the requirement for listing on the nasdaq which I understand is the most likely U.S. registry for Uni to use as can be seen there is a minimum requirement of $5.00 U.S. to achieve that on the current exchange rate UNi would need to trade at about $7.70 aust. I therefore dont see how the company can be listed on the nasdaq until a strong enough cash flow is being shown to support such a price . During that period uni may very well come to the attention of predators hopefully not as it would be a steal at that price
INITIAL LISTING
Companies must meet all of the criteria under at least one of the three standards below.

NASDAQ Global Market Initial Listing Requirements

Requirements
Standard 1
Marketplace
Rule 4420(a)
Standard 2
Marketplace
Rule 4420(b)
Standard 3
Marketplace
Rule 4420(c)
1, 2

Stockholders’ equity $15 million $30 million N/A
Market value of
listed securities
or
Total assets
and
Total revenue
N/A N/A
$75 million

or
$75 million
and
$75 million
Income from continuing
operations before income
taxes (in latest fiscal year
or in two of last three
fiscal years)
$1 million N/A N/A
Publicly held shares3
1.1 million 1.1 million 1.1 million
Market value of
publicly held shares
$8 million $18 million $20 million
Bid price $5 $5 $52

Shareholders
(round lot holders)
4

400 400 400
Market makers5
3 3 4
Operating history N/A 2 years N/A
Corporate governance6
Yes Yes Yes

1
For initial listing under Standard 3, a company must satisfy one of the following: the market value of listed securities requirement
or the total assets and the total revenue requirement. Under Marketplace Rule 4200(a)(20), listed securities is defined as
securities listed on NASDAQ or another national securities exchange”. “

2
Seasoned companies (those companies already listed or quoted on another marketplace) qualifying only under the market value
of listed securities requirement of Standard 3 must meet the market value of listed securities and the bid price requirements for 90
consecutive trading days prior to applying for listing.
3
Publicly held shares is defined as total shares outstanding, less any shares held by officers, directors or beneficial owners of
10% or more.
4
Round lot holders are shareholders of 100 shares or more. The number of beneficial holders are considered in addition to
holders of record.
5
An electronic communications network (ECN) is not considered a market maker for the purpose of these rules.
6
Marketplace Rules 4350, 4351 and 4360