Spotlight on American Rare Earths, page-1632

There are 3 Nasdaq markets and each has their own listing standards.

https://miranda-partners.com/nasdaqs-continued-listing-requirements-for-foreign-private-issuers/

For non-US companies, here are the listing requirements for the ‘market value’ listing method.

Market Value of listed securities Standard (must meet all the following requirements).

• Market value of listed securities of at least $35 million dollars.

• At least 500,000 publicly held shares.
• Publicly held shares with a market value of at least $1 million dollars.
• At least two market makers.
• Minimum bid price of at least $1 dollar per share.
• At least 300 public holders.

n.b. For US-based companies (which I understand we are aiming to be), we would need a $50m market cap.

https://listingcenter.nasdaq.com/assets/initialguide.pdf

Now, I have gleaned the above from 10 minutes research and I’m sure it is likely more complex, however, the $175m market cap requirement flaunted by our friend life free is blatantly incorrect. Make what you will for everything else they are saying…..agenda anyone?

We should be absolutely fine.