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: 'Splain it to me, Lucy!!
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I don't believe it's the simple issue of a NASDAQ listing.  I believe it is that some funds cannot invest in stocks less than USD $5 per share.  Here's an article with much more info:

https://www.fool.com/investing/2017/11/06/can-mutual-funds-own-stocks-under-5.aspx

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