Hello Mr. Tombot,
where do you have that numbers from? Have a look here:
https://listingcenter.nasdaq.com/assets/initialguide.pdf
It says Bid Price at least 4 USD, publicly held shares at least 1.250.000 pieces. Or do I miss something?
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Poet needs at least 7:1 to get to 4 USD per share.
Poet has approx. 300.000.000 shares out there, so a split 240:1 would result in 1.250.000 shares.
So the ratio has to be between 7:1 and 240:1
......if they aim at Nasdaq.
Good luck,
Holk