SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Neurobiological Tech (NTII)
NTII 0.00Dec 18 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Dwyer who wrote (334)4/20/1998 12:16:00 PM
From: Biomaven  Read Replies (1) of 1494
 
John,

I found the listing requirements:

nasdaq.com

Assuming the price stays above $1, NTII would have qualified for continuing listing, but doesn't qualify for a new listing, which is what I assume they would now have to do. If they did a reverse split to get the price above $5, then they'd need to meet the $4m in net tangible assets tests, which is probably close to where they are now.

So maybe they could re-list if they did a reverse split.

Peter
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext