Apr. 26 at 4:17 PM
$CHUC Thanks @dentist80 This is an important correction on the uplist math after seeing the official NYSE American Initial Listing Standards (April 2026).
So, the minimum price requirement is
$4.00, not
$3.00 as we have discussed here. This changes the reverse split calculus significantly. At
$0.25 a 20:1 split lands at
$5.00, only
$1.00 above the actual floor. This is dangerously thin. 25:1 lands at
$6.25. 30:1 at
$7.50.
Now you understand why the Board asked for discretion up to 50:1. There’s also a 90-day rule most retail investors don’t know, the stock must hold above
$4.00 for 90 consecutive trading days before the listing application can even be submitted.
The split ratio isn’t just about hitting the number. It’s about holding it. Long
$CHUC $MO $BTI
