Nasdaq timeline9 Feb 2021 20:28
From Nasdaq itself, for those who were asking:
"While it generally takes four to six weeks to process a listing application, this time frame is variable and may be shortened considerably, if the application raises no issues and the company responds quickly to staff comments."
Week 1. Company submits application for listing and Nasdaq Listing Qualifications Staff begins its review.
Weeks 2-3. Staff completes its preliminary review and prepares comment letter.
Weeks 3-4. Company addresses any issues raised by Staff.
Weeks 5-6. Staff completes their review and company is approved for listing.
I'm waiting on a definitive answer on the 1-day, 5-day, 90-day $2 close criteria. Will pass on when I hear of course....
Also worth pointing out, for the record, we don't know that PW will even do this, everyone is just assuming, fairly imo, but it's not a certainty.