referencelibrarybanner
Listing Center Coronavirus FAQs for Nasdaq-listed Companies
Reference Library - Advanced Search
Find
 


Library 



 
Timeframe
Category
 
Sub-Category
** To make multiple selections, select the first criterion and then press and hold the Ctrl Key **
 
1- 1 of 1 Search Results for:
Libraries:   FAQs - Listings
Filters:   Additional Reference Materials, Annual Shareholder Meeting/Proxy Solicitation, Board Composition/Committee Assignments, Continued Listing, Distribution of Annual & Interim Reports, Exchange Traded Products, Fees, Hearings and Appeals, Initial Listing, Listing Center, Listing Information, Non-U.S. Companies, Notifications and Forms, Regulatory Authority, Related Party Transactions, Shareholder Approval, Voting Rights;
 
Search   Clear


Expand All
Printer Friendly View
Mailto Link 
Page: 1 of 1
Frequently Asked Questions
  How can I find the appropriate closing price or consolidated closing bid price?
Identification Number 272

For purposes of Listing Rule 5635(d) "Minimum Price" means a price that is the lower of: (i) the closing price (as reflected on Nasdaq.com) immediately preceding the signing of the binding agreement; or (ii) the average closing price of the common stock (as reflected on Nasdaq.com) for the five trading days immediately preceding the signing of the binding agreement. Please note that the Nasdaq Official Closing Price is different from the Closing Price. For purposes of Listing Rule 5635(d), the “closing price” means the Nasdaq Official Closing Price and is reported on https://www.nasdaq.com/market-activity/quotes/historical-nocp. See also FAQ #271.

For purposes of determining "market value" under the shareholder approval requirements related to equity compensation under Listing Rule 5635(c), Nasdaq looks to the consolidated closing bid price as of 4 PM Eastern time. To get this information, Nasdaq issuers may call their representative at Nasdaq's Market Intelligence Desk. Issuers can find the telephone number for their representative by logging into Nasdaq Online and clicking on "My MID". Others may call the Market Intelligence Desk at +1 646 344 7800 or Nasdaq MarketWatch at +1 301 978 8500 or +1 800 537 3929. When requesting this information, please be sure to specify the consolidated closing bid price.

Publication Date*: 11/26/2019 Mailto Link Identification Number: 272
material_search_footer*The Publication Date reflects the date of first inclusion in the Reference Library, which was launched on July 31, 2012, or a subsequent update to the material. Material may have been previously available on a different Nasdaq web site.
Page: 1 of 1
home_footer_links
Copyright_statement
App Store       Google Play       Listing Center Content RSS Feed
The Nasdaq Stock Market, Nasdaq, The Nasdaq Global Select Market, The Nasdaq Global Market, The Nasdaq Capital Market, ExACT and Exchange Analysis and Compliance Tracking system are trademarks of Nasdaq, Inc.
FINRA® and Financial Industry Regulatory Authority, Inc.® are registered trademarks of Financial Industry Regulatory Authority, Inc. OTCBBTM and OTC Bulletin BoardTM are trademarks of FINRA