If one day I could have a company listed in Nasdaq, I would just walk into some Starbucks store and tell everyone one more round of coffee on me. Haha. By the way, this is how Wiki describes Nasdaq. “The Nasdaq Stock Market, also known as Nasdaq, is an American stock exchange located at One Liberty Plaza in New York City. It is ranked second on the list of stock exchanges by market capitalization of shares traded, behind only the New York Stock Exchange. click here to read in full.
Briefly, if your company is a technology related company, getting it listed on Nasdaq gives a lot of confidence to all potential investors. Whether your product is the best or not is not the same as whether the potential investors could see you or could not see you. If they could see you, they could know about you and they could invest into your company. That’s one major reason why companies try to get listed in Nasdaq. One company is however thinking of leaving so that it could get a higher valuation?
Article in focusmalaysia.my Chinese search engine giant Baidu Inc is considering delisting from the US Nasdaq and moving to an exchange closer to home to boost its valuation amid rising tension between the United States and China over investments, three sources said. Baidu declined to comment.
This was the comment from its co-founder and Chief Executive Robin Li. “For a good company, there are many choices of destinations for listing, not limited to the US.” Baidu’s shares have fallen more than 60% since their peak in May 2018 while the Nasdaq Golden Dragon China Index, which tracks Chinese firms listed on the US exchange, has lost less than 10% over the same period. Do refer to the article for more details.
Okay now for some fun facts. In case your company is already big enough and you just want to get listed in overseas and that overseas should be in the U.S. (even if you do not like the current President), here are the minimum requirements to get listed in Nasdaq. Article in investmentbank.com Looks like quite straight foward too. Amount is in US$ and the current exchange rate (21st May) is US$1 to RM4.35
- Shareholders Equity of at least $2,000,000
- At least 100,000 shares of public float
- A minimum of 300+ shareholders
- Total assets of $4,000,000
- At least two market makers
- $3 minimum bid price of the company stock
- Public float market value of $1,000,000
Happy thinking about it. In the meantime, keep growing your business. Surely one of these days it may just happen. Just remember to comment that you got the idea to list in Nasdaq because of an article in kopiandproperty.com
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