Rainer where is the 90 day listing period coming from that you quoted? The listing requirement says 4 to 6 weeks.
Also I would be very disappointed if those serious discussions about a deal were not already complete. I fully expect that who they are dealing with have long ago produced a framework so that once the proof is in hand they do not have to waste time discussing what the next move is?
https://listingcenter.nasdaq.com/assets/initialguide.pdf
Listing Timeline While it generally takes four to six weeks to process a listing application, this time frame is variable and may be shortened considerably, if the application raises no issues and the company responds quickly to Staff comments. Week 1. Company submits application for listing and Nasdaq Listing Qualifications Staff begins its review. Weeks 2-3. Staff completes its preliminary review and prepares comment letter. Weeks 3-4. Company addresses any issues raised by Staff. Weeks 5-6. Staff completes their review and company is approved for listing.
