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I think a reverse split is unlikely. The company needs cash to keep on going. I think another public offering is more likely.
The only reason they would do a r/s is to get the pps over $1. The nazdaq has a $1 minimum price but I don't know what the AMEX has.I emailed IR with this question and I got this answer.My question is, does Neostem have to maintain a minimum stock price so NBS can stay listed on the AMEX? I know the Nasdaq is a $1 minimum but I don’t know about the AMEX.Amex has been very lenient about this so don’t be concerned