Post by palos on Jul 13, 2004 1:17:05 GMT -5
a good link to have
all about requirements for AMEX
there are exceptions to PPS requirements of $3, but this is the general requirement!!
wallstreet.cch.com/AmericanStockExchangeAMEX/AmexCompanyGuide/PART1/CRITERIAFORORIGINALLISTINGSS101-118/default.asp
from section 102 equity issues:
b) Stock Price/Market Value of Shares Publicly Held --The Exchange requires a minimum market price of $3 per share for applicants seeking to qualify for listing pursuant to Section 101 (a), (b) or (d), and $3,000,000 aggregate market value of publicly held shares for applicants seeking to qualify for listing pursuant to Section 101(a). In certain instances, however, the Exchange may favorably consider listing an issue selling for less than $3 per share after considering all pertinent factors, including market conditions in general, whether historically the issue has sold above $3 per share, the applicant's capitalization and the number of outstanding and publicly-held shares of the issue.
all about requirements for AMEX
there are exceptions to PPS requirements of $3, but this is the general requirement!!
wallstreet.cch.com/AmericanStockExchangeAMEX/AmexCompanyGuide/PART1/CRITERIAFORORIGINALLISTINGSS101-118/default.asp
from section 102 equity issues:
b) Stock Price/Market Value of Shares Publicly Held --The Exchange requires a minimum market price of $3 per share for applicants seeking to qualify for listing pursuant to Section 101 (a), (b) or (d), and $3,000,000 aggregate market value of publicly held shares for applicants seeking to qualify for listing pursuant to Section 101(a). In certain instances, however, the Exchange may favorably consider listing an issue selling for less than $3 per share after considering all pertinent factors, including market conditions in general, whether historically the issue has sold above $3 per share, the applicant's capitalization and the number of outstanding and publicly-held shares of the issue.
