RE: Avacta Alarm clock27 Oct 2022 12:52
Hi, Nasdaq rules have a lot of variables and companies may not meet one of the criteria but if they meet others then it’s not an issue. I hold prtg which was on CSE (Canadian version of AIM), not in profit and they uplisted. A lot of R@D biotech companies won’t make profit until they monetise their products. I don’t think it’ll be a problem getting on Nasdaq.
I don’t post here too much but love the shared info and the banter. Hope u guys play nicely as we head into next week!!! :)