Sep. 14 at 5:27 PM
$VXRT P1
It's all about the gray matter/s...
Gray matter 1...
Vaxart failed the first requirement for Nasdaq to relist... but we're still voting on a RS... would Nasdaq accept only meeting requirements 2 & 3?
If the RS is voted down again... would Nasdaq accept only meeting requirement 3?
If Nasdaq doesn't accept either of these two scenarios, when would Vaxart's next appeal happen... if they decide to even appeal again?
If Nasdaq is willing to accept the first scenario and the RS is voted down again, will Vaxart extend the vote for another week?
That would take us to the last day to meet requirements 2 & 3.
But if the RS was still voted down, would Nasdaq be willing to accept the second scenario, because regaining the
$1 compliance is really the end game of this whole thing?
Does Vaxart have any tricks up their sleeve?
Remember Ed jumping in to clarify what Lo said about their meeting with Nasdaq?
The RS was the only proposal brought forward...
And that takes us to another gray matter.