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Post# of 75002
The three major markets in the U.S. are the NASDAQ National Market, the New York Stock Exchange and the American Stock Exchange. In order to have shares of your company bought and sold in these markets, your company must meet their listing requirements.
American Stock Exchange (AMEX)
* Regular Financial Guidelines. The American Stock Exchange requires pre-tax income of $750,000 for most recent fiscal year or two out of the most three recent fiscal years, a market value of public float of $3 million, an initial minimum bid price of $3 and stockholder's equity of $4 million. There are no operating history requirements under the regular financial guidelines.
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* Alternate Financial Guidelines. The American Stock Exchange also permits listing under its Alternate Financial Guidelines, provided a company has a market value of public float of $15 million, an initial minimum bid price of $3 and stockholder's equity of $4 million. The company must have a three-year operating history under this guideline, but there are no pre-tax income requirements.