Assets Requirement

Assets Requirement

The minimum amount one must invest in order to participate in an activity. For example, a hedge fund may impose a minimum asset requirement of $1 million, meaning that one must place at least $1 million into the hedge fund in order to become an investor. Investment companies sometimes impose asset requirements in order to keep out small investors.
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References in periodicals archive ?
We are encouraged that, with Safeguard's support in this matter, we will be able to improve our cash flow position and re-attain compliance with NASDAQ's net tangible assets requirement, thereby preserving Tangram's NASDAQ listing qualification.
1875 which were awarded to chairman Philip Kives on December 15, which Kives has said he will exercise by December 31, and the company believes it can exceed Nasdaq's minimum net tangible assets requirement - in spite of a $1m loss for the quarter.
Nasdaq: TESI), a leader in the asset management market, today announced that it has received notification from NASDAQ advising that the company is not in compliance with the net tangible assets requirement for continued stock listing.
Nasdaq: PPRTC) today announced that PharmaPrint's common stock will be listed on The Nasdaq SmallCap Market via an exception from the net tangible assets requirement.
The company said it is appealing the bid to delist the stock and that it believes certain initiatives under its Recovery Plan should resolve the tangible assets requirement.
It failed to meet the net tangible assets requirement in the Form 10-Q as filed on August 13, 1999.
second, we will file the required listing application; and third, we will present to the NASD the Company's plan for achieving the $4,000,000 net tangible assets requirement, including the conversion into equity of certain loans made by management to the Company.
Nasdaq: LANV) today announced that its Common Stock will be transferred to the Nasdaq SmallCap Market, effective with the opening of business on November 30, 1999, via an exception from Nasdaq's minimum bid price and net tangible assets requirement.
Nasdaq:IBUY), a provider of e-commerce services and technologies, today announced that it has received a Nasdaq Staff Determination indicating that the Company fails to comply with the net tangible assets requirement (Marketplace Rules 4450(a)(3)), or the alternative stockholders' equity requirement (Marketplace Rule 4450(b)(1)), the minimum bid price requirement (Marketplace Rule 4450(a)(5)) and the market value of public float requirement (Marketplace Rule 4450(a)(2)) for continued listing, and that its securities are, therefore, subject to delisting from the Nasdaq National Market.
Nasdaq: SUNSC) today announced the Company has received an exception from the net tangible assets requirement of Nasdaq to allow its common stock to continue to be listed on the Nasdaq SmallCap Market until August 16, 1999.
Based on the Form 10-Q for the period ended September 30, 2001 the Staff determined that the Company no longer meets the net tangible assets requirement, or the alternative stockholders' equity requirement, for continued listing set forth in Marketplace Rule 4450(a)(3) (or the alternative listing criteria under Marketplace Rule 4450(b)(1)).