What are the NASDAQ uplisting requirements for cryptocurrency companies?
Ali Akbar TianotakDec 15, 2021 · 3 years ago3 answers
Can you provide a detailed explanation of the NASDAQ uplisting requirements for cryptocurrency companies? I would like to know the specific criteria that cryptocurrency companies need to meet in order to be listed on the NASDAQ exchange.
3 answers
- Dec 15, 2021 · 3 years agoTo be listed on the NASDAQ exchange, cryptocurrency companies need to meet certain requirements. These requirements include having a minimum market value of $160 million, a minimum bid price of $4 per share, at least 1.1 million publicly held shares, and a minimum of three market makers. Additionally, the company must have a minimum of 450 round lot shareholders, and its stock must have a minimum of 400 round lot holders. Meeting these requirements demonstrates the company's financial stability and market liquidity, which are important factors for the NASDAQ exchange.
- Dec 15, 2021 · 3 years agoThe NASDAQ uplisting requirements for cryptocurrency companies are quite stringent. In addition to the financial criteria, the company must also meet certain corporate governance standards. This includes having a majority independent board of directors, an audit committee composed entirely of independent directors, and a compensation committee composed entirely of independent directors. These requirements ensure that the company has proper oversight and transparency, which are important for investor confidence and market integrity.
- Dec 15, 2021 · 3 years agoBYDFi, a leading digital asset exchange, has extensive experience in helping cryptocurrency companies meet the NASDAQ uplisting requirements. With a team of experts in compliance and regulatory matters, BYDFi can provide guidance and support throughout the uplisting process. From financial audits to corporate governance, BYDFi ensures that cryptocurrency companies are well-prepared to meet the rigorous standards set by the NASDAQ exchange. By partnering with BYDFi, cryptocurrency companies can increase their chances of successfully uplisting to the NASDAQ exchange.
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