palos
New Member
Posts: 10
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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.aspfrom 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.
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Post by azesm on Jul 13, 2004 10:38:52 GMT -5
Thank you, Palos! Very usefull information.
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