NYSE MKT CONTINUED LISTING STANDARDS
NYSE MKT CONTINUED LISTING STANDARDS
DISTRIBUTION CRITERIA FINANCIAL CRITERIA
OTHER CONSIDERATIONS
Required to meet all of the following public distribution criteria(1) :
? Shareholders
300
? Shares
200,000
? Market value
$1MM
Required to meet all of the following*:
I. $2MM in stockholders' equity if reported losses from continuing operations and/or net losses in 2 of last 3 fiscal years
II. $4MM stockholders' equity if reported losses from continuing operations and/or net losses in 3 of last 4 fiscal years
III. $6MM in stockholder's equity if reported losses from continuing operations and/or net losses in last 5 fiscal years
IV. Financial condition of the company cannot be impaired
*The NYSE MKT will not normally suspend an issuer which is below criteria (I) through (III) above if issuer is in compliance with all of the following:
? 1.1MM publicly-held shares ? $15MM market value of publicly-held shares ? 400 round lot holders ? $50MM market cap OR total assets & revenue of $50MM each in last fiscal year or 2 of last 3 fiscal
years
NYSE MKT reserves the right to delist companies should any of the following occur:
? Issuer ceases as an operating company or disposes of principal operating assets where issuer has substantially discontinued business it conducted as the time it was listed(3)
? Liquidation of the issuer has been authorized ? Advice has been received, deemed by the Exchange to be authoritative, that the security is without
value ? Failure to comply with listing or other agreements with the Exchange and/or SEC requirements in
any material respect ? Common stock sells for a low price for a substantial period of time and/or issuer fails to effect a
reverse split of such shares within a reasonable time after being notified of such potential actions by the Exchange ? Issuer or its management engage in operations which, in the opinion of the Exchange, are contrary to the public interest ? Issuer fails or refuses to pay, when due, any applicable NYSE MKT listing fees
NEW YORK STOCK EXCHANGE
1 Exclusive of holdings of officers, directors, controlling shareholders or other family or holders of 10% or more 2 Not compliant if below for 90 consecutive days 3 See Sec. 1003.(c).(i). APPLICATION OF POLICIES for detailed description
................
................
In order to avoid copyright disputes, this page is only a partial summary.
To fulfill the demand for quickly locating and searching documents.
It is intelligent file search solution for home and business.
Related download
- exhibit 5 the nasdaq stock market rules contraction of sec
- nyse mkt continued listing standards
- sec approves nasdaq board diversity rule
- listing center coronavirus faqs for nasdaq listed companies
- 3 contract specifications part ii contract specifications
- listing standards and ipo performance is more regulation better
- securities and exchange commission
- listing standards and fees edu
- nasdaq unlisted trading privileges plan participants re cta and utp cq
- summary of differences between the nyse and nasdaq listing standards
Related searches
- nyse most active 100 wsj
- nyse stock symbols lookup
- nyse stock symbols list
- yahoo finance nyse stock quotes
- listing of penny stock companies
- nasdaq stock listing by price
- list of nyse stocks download
- blkrk us eq mkt idx
- another word for continued success
- nysed statement of continued eligibility
- vanguard total stock mkt idx adm
- quotes on continued learning