Aug. 14 at 4:36 PM
$JSDA Absolutely! Let’s break down what Jones Soda (currently trading under the ticker JSDA would need to achieve to successfully uplist to the NASDAQ, specifically the NASDAQ Capital Market, as indicated in its recent S-1 filing .
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1. Current Status & Uplisting Strategy
Jones Soda is already a public company, trading on OTCQB (U.S.) and CSE (Canada) as JSDA.
It has filed an S-1 registration with the SEC to begin a public offering of common stock, with the intention of uplisting to the NASDAQ Capital Market under the symbol JBEV, at which point trading on OTCQB would cease .
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2. NASDAQ Listing Requirements (Capital Market Tier)
According to standard listing rules, a company must meet several criteria. Based on Investopedia and other sources, here are the key requirements:
Public Float / Shareholder Thresholds
At least 1.25 million publicly held shares outstanding
2,200 total shareholders, or 450 shareholders owning 100 shares each
