Which of the following is not required for a company to maintain its listing on Nasdaq?

The requirement related to maintaining a listing on Nasdaq can vary depending on several factors, including the tier of the listing (Nasdaq Global Select Market, Nasdaq Global Market, or Nasdaq Capital Market). A key point in this context is that while certain financial and operational metrics are essential for a company to maintain its listing, a minimum price to book value is not a standard requirement imposed by Nasdaq for continued listing.

Instead, Nasdaq focuses on various criteria such as minimum stock price, market capitalization, minimum bid price, trading volume, and certain financial metrics like net income or shareholders' equity. However, a minimum price to book value is not explicitly required. This means companies may meet listing standards without having a specific threshold for price to book value, making this option the correct answer.

This distinction is crucial for understanding Nasdaq's listing requirements and helps differentiate between what is essential for compliance versus metrics that may influence investor perceptions but do not directly impact listing status.