Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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Message: NASDAQ Listing Requirements and R/S Constraints

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?

--->

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

 

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