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To: Golden Domer who wrote (8500)2/2/1999 6:57:00 PM
From: Golden Domer  Respond to of 37507
 
Nasdaq National Market listing requirements

go to the following site and we'll have our answer (finally!)

nasdaq.com

p.s. Sorry, I don't know how to make the link.



To: Golden Domer who wrote (8500)2/2/1999 6:58:00 PM
From: Sili Investor  Read Replies (2) | Respond to of 37507
 
>>> The requirement is not a 3 year audit; rather, the issuer (BII) has to have a "three-year operating history". <<<

The requirement, as taken from Nasdaq Rules #4310, Paragraph (c)(3) is as follows:

(3) For initial inclusion, the issuer shall have an operating history of at least one year or market capitalization of $50 million.



To: Golden Domer who wrote (8500)2/2/1999 8:11:00 PM
From: Ruyi  Respond to of 37507
 
A phone call to the NASDAQ investor relations would answer the question if you are so inclined. In the past I have held stocks that have applied for a Nasdaq listing and they were required to complete 3 yr. audits. On the other hand if a company has not existed for 3 yrs, I would presume audits to reflect that fact. BII has operated more than three years name change not withstanding..


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