All companies listed on the NASDAQ exchange must notify NASDAQ prior to

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 Appropriate corporate governance.

Market Value Standard Listing- Rules 5450(a) and 5450(b)(2) requirements:

- US$50 million market value of listed securities;

 -1.1 million publicly held shares;

 -US$15 million market value of publicly held shares;

- US$1 minimum bid price;

 – 400 round lot shareholders;

 – Four Market Makers; and

–  Appropriate corporate governance.

 Total Assets/Total Revenue Standard Listing- Rules 5450(a) and 5450(b)(3) requirements:

 – US$50 million in total assets and total revenue (in latest fiscal year or two of the last three fiscal years);
–  1.1 million publicly held shares;

 – US$15 million market value of publicly held shares;

 – US$1 minimum bid price;

 – 400 round lot shareholders;

 – Four Market Makers; and

 – Appropriate corporate governance.

All companies listed on the NASDAQ exchange must notify NASDAQ prior to:

- closing a transaction that may result in the issuance or potential issuance of its
securities;

 – a stock split (either forward or reverse);

 – a payment of stock or cash dividends, or other cash or non-cash distributions;

 – a rights offering; and

 – a change in the company’s name, par value or title of the company’s securities, or voluntary change in the company’s trading symbol.

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