Posted by Sathat on RB:
From Craig Bird at Segue Ventures (they do IR for PSTI)
"#1) NASDAQ changed the symbol, not Pluristem -
#2) I am not aware of an application for listing on the Tel Aviv
Exchange. I do know that there are several Israeli investors in
Pluristem, but they buy their shares on the U.S. market.
#3) To my knowledge, Pluristem has met all NAZDAQ requirements, except
keeping the bid price at $5 or greater for 5 straight days. I believe
once they complete this last requirement, they will be listed on NASDAQ.
Respectfully,
Craig
Keeping the bid price abvoe $5.00 for 5 straight days is obvioulsy going to be tough for Pluristem - at least that's the way it looks at this juncture. Also, I "think" Pluristem has to be $5.00 or above at the time of the listing.
