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There are usually listing requirements that require that the public owns a large portion of the shares in the case of the NASDAQ it seems to be 10%. If the comp
by asdfaoeu 6y ago
There are usually listing requirements that require that the public owns a large portion of the shares in the case of the NASDAQ it seems to be 10%. If the company hasn't already sold these shares they would have to sell them on day 1.
- Retric 6y agoThe company doesn’t need to put those shares up, it can be any mix of the current shareholders and new stock.