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Message: NASDAQ Listing Requirements and R/S Constraints
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Hello Mr. Holk,

I sourced it from https://investmentbank.com/nasdaq-listing-requirements/

To be honest I took the 1st Google hit I got. Oh well... My Bad I guess.

BTW - not a fan of a 240:1 split ;-)

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Hello Mr. Tombot,

where do you have that numbers from? Have a look here:

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

It says Bid Price at least 4 USD, publicly held shares at least 1.250.000 pieces. Or do I miss something?

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Poet needs at least 7:1 to get to 4 USD per share.

 

Poet has approx. 300.000.000 shares out there, so a split 240:1 would result in 1.250.000 shares.

 

So the ratio has to be between 7:1 and 240:1

 

 

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