A World leader in advanced plasma processes

Being commercialized in multiple applications around the world including plasma torches, Industrial 3D printing powders, aluminum & zinc dross recovery, waste management and defence - 4 US aircraft carriers

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Message: Re: Congratulations & thanks!
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Dec 09, 2020 09:33AM

The Nasdaq Stock Market has "3" distinctive tiers:

1) Nasdaq Global Select Market  2) Nasdaq Global Market  3) Nasdaq Capital Market

Small Tech companies typically enter at "Tier 3 - Nasdaq Capital Market" and can move up to the higher tiers down the road as the company grows and more requirements are met.  Tier 3 requirements are mostly already met by PYR (except perhaps having 3 market makers... which is a low hurdle).

Tier 3 itself has 3 ways to list and I believe PYR already qualifies through the "Market Value of Listed Securities Standard" route... which can have a share price as low as $2.00 US.

See page 10 of the "Nasdaq Initial Listing Guide"  https://listingcenter.nasdaq.com/assets/initialguide.pdf

When you are there... also see links on that page to 5505(a) and 5505(b)(2)

In my opinion... bottom line:  After some lawyer paperwork... they are "in"

Best regards,
Tim in Vancouver


moi
Dec 09, 2020 11:20AM
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