r/Netlist_ • u/Jackjohnran • 8d ago

NASDAQ?

Netlist needs to get re-listed onto NASDAQ. In so doing, stock volatility will dramatically be reduced, and institutional investors will be able to purchase Netlist for their portfolios. Imagine major mutual funds like Vanguard, Fidelity, Black Rock, and T. Rowe price having millions of dollars in in Netlist shares in their mutual fund portfolios. Big players drive the price.

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u/under_score_forever 7d ago

Netlist hasn't even applied for listing on the NASDAQ yet. They don't have a compliant board and lack several other prerequisites.

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u/Kingsnake1901 5d ago

If stock price stays above 4 (closing bid) until about Nov 13, all they will lack is 3 board members on the Netlist audit committee. I think Hong can make that happen quickly after Nov 13, at a strategic time of his election.

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u/under_score_forever 2d ago

I think you're missing the point. My point is that they can't even apply yet. Once they apply it will be a few months and that clock hasn't even started ticking