Three Main Uplisting Requirements Explained
There are many requirements for uplisting but there are three main uplisting requirements; 1. minimum share price, 2. number of shareholders, and 3. stock-holders’ equity.
The newest issue of MicroCap Review magazine featured an article Joe Lucosky, founding and managing partner of Lucosky Brookman LLP and one of the industry’s foremost uplisting experts. In the article, Lucosky explained the three main uplisting requirements.
Lucosky writes that the three main requirements may seem simple but “there are often misconceptions as to the simplicity of these requirements.”
In the article Lucosky expalins uplist complexities such as; reverse mergers, insider ownership, Nasdaq’s informal burn rate rules, D&O inssurance, and more.