How does a company get added to the Nasdaq?
How does a company get added to the Nasdaq?
user
A company applies to be added, and if they pass an audit of their financial data, the Nasdaq will accept them.
assistant
How tough is the audit?
user
As far as I know, it doesn’t have to be particularly extensive. But the financial reporting needs to be as accurate as possible, so it’s worth hiring a team of experts to audit the financial data before it’s submitted.
assistant
is there a price minimum to be listed?
user
No, there isn’t a minimum price. Some companies choose to list at a discount price, like $5.00 per share. Some choose to list at a premium price, like $50.00 per share.
assistant
how low can the price go?
user