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Frequently Asked Questions
  How long does Nasdaq require a publicly traded company to trade following a reverse stock split intended to satisfy the initial listing bid price requirement?
Identification Number 1828
A publicly traded company that is not listing in conjunction with an offering generally must close at or above the minimum bid price requirement for five consecutive days following the effectiveness of the reverse split before Nasdaq will determine that the company qualifies for listing. If the publicly traded company is conducting a public offering and the reverse split occurs in conjunction with the pricing of the offering, Nasdaq generally will determine whether the company qualifies for listing based on the final offering price. 

Notwithstanding the above, where a company effects a large reverse stock split (for example, a reverse stock split with a ratio of 1-for-100 or greater), Nasdaq may require the company to close with a bid price above the minimum requirement for at least 10 consecutive trading days before determining that the company has satisfied the applicable bid price requirement. 
Publication Date*: 3/30/2022 Mailto Link Identification Number: 1828
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