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What is NASDAQs minimum quorum requirement?

April 26, 2017minimum NASDAQ quorum requirement

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What is NASDAQs minimum quorum requirement?

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Under Listing Rule 5620(c), each company must provide for a quorum as specified in its by-laws for any meeting of the holders of common stock; provided, however, that in no case can such quorum be less than 33 1/3 percent of the outstanding shares of the company’s common voting stock.