Why not? Just asking

Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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okiedo

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Why not? Just asking

posted on Jan 23, 2021 01:45PM

In regards to the company focus being on NASDAQ, why not consider the NYSE? I'm sure there is a good reason, so "just asking". Thanks! One of my other Canadian Small Caps went from OTC to NYSE just a few years back and they were in a similar development transition to production stage at that time and needed financing. Prior to the NYSE listing that company also went through a Reverse Split ( a.k.a. "Consolidation" ).

To get a listing on the NYSE, a corporation needs at least 400 round-lot holders, or stockholders with 100 shares apiece. The company must have at least 1.1 million outstanding shares worth $40 million or more, and a price-per-share can be no lower than $4.

OK, so our current market cap is only 186.71M, but that still exceeds the $40 million bottom needed. As for the sahre price of greater than $4, that may be in reach this year with or without the RS.