…independent and that all audit and compensation committee members be independent. Under NASDAQ rules “independent director” means a person that is not an executive officer or employee of the company…
…company or its advisors do not understand a particular comment. The staff would rather discuss it than have the company guess and proceed in the wrong direction. As discussed in…
…board of directors be independent and that all audit and compensation committee members be independent. Moreover, audit and compensation committee members are subject to even more stringent independence requirements. Under…
…to $50 million in any 12-month period. Issuers may elect to proceed under either Tier I or Tier II for offerings up to $20 million. Tier II offerings require additional…
…(EPS) format. The application is subject to review and comment by OTC Markets. OTC Markets may require additional conditions or undertakings prior to admission. Moreover, the application may be denied…
…or current financial statements filed with EDGAR under the Securities Act of 1933 (such as a Form S-1) or Securities Exchange Act of 1934 (such as Form 10-Q or 10-K)…
…Merger And Acquisition Transactions- In the last four Lawcasts in this series I discussed the responsibilities of the board of directors and in particular their fiduciary duties related to…
…NYSE MKT Listing Requirements- The NYSE MKT is the small- and micro-cap exchange level of the NYSE suite of marketplaces. The NYSE MKT was formerly the separate American Stock…
…Regulation S-K and XBRL Tagging- Today is the continuation in a Lawcast series discussing SEC disclosure requirements and in particular the 341 page Regulation S-K concept release and request…
…NASDAQ Listing Requirements Share Price- To list its securities on NASDAQ, a company is required to meet: (a) certain initial quantitative and qualitative requirements and (b) certain continuing quantitative…