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The New York Stock Exchange acquired the American Stock Exchange in 2008.  It is now known as NYSE-MKT. The NYSE-MKT is an attractive exchange for solid micro and small-cap companies.  NYSE-MKT has four different listing and public shareholder standards with a number of differing combinations within.  As a result, the NYSE-MKT listing requirements offers flexibility to companies operating in different market sectors.

The listing requirements can sometimes be confusing and waivers can be applied for in certain circumstances when a company desiring to list is strong in all listing categories but for one.  

Standard One:

  • Shareholders Equity: $4 Million USD

  • Pre-Tax Income in last fiscal year (or 2 or last 3 years): $750,000 USD

  • Market Capitalization: N/A 

  • Price per Share: $3.00 USD

  • Market Value of Public Float: $3 Million USD

  • Distribution: 800 public shareholders and 500,000 shares publicly held OR 400 public shareholders and 1 million shares publicly held OR 400 public shareholders, 500,000 shares publicly held and average daily trading volume of 2,000 shares for prior 6 months.

Standard Two:

  • Shareholders Equity: $4 Million USD

  • Pre-Tax Income in last fiscal year (or 2 or last 3 years): N/A

  • Market Capitalization: N/A 

  • Price per Share: $3.00 USD

  • Market Value of Public Float: $15 Million USD

  • Distribution: 800 public shareholders and 500,000 shares publicly held OR 400 public shareholders and 1 million shares publicly held OR 400 public shareholders, 500,000 shares publicly held and average daily trading volume of 2,000 shares for prior 6 months

Standard Three:

  • Shareholders Equity: $4 Million USD

  • Pre-Tax Income in last fiscal year (or 2 or last 3 years): N/A

  • Market Capitalization: $50 Million USD

  • Price per Share: $2.00 USD

  • Market Value of Public Float: $15 Million USD

  • Distribution: 800 public shareholders and 500,000 shares publicly held OR 400 public shareholders and 1 million shares publicly held OR 400 public shareholders, 500,000 shares publicly held and average daily trading volume of 2,000 shares for prior 6 months

Standard Four:

  • Shareholders Equity: N/A

  • Pre-Tax Income in last fiscal year (or 2 or last 3 years): N/A

  • Market Capitalization: $75 million OR At least $75 million in total assets and $75 million in revenues

  • Price per Share: $3.00 USD

  • Market Value of Public Float: $20 Million USD

  • Distribution: 800 public shareholders and 500,000 shares publicly held OR 400 public shareholders and 1 million shares publicly held OR 400 public shareholders, 500,000 shares publicly held and average daily trading volume of 2,000 shares for prior 6 months

The NYSE-MKT listing board also conducts a subjective review of all listing candidates looking at the:

  • nature of a company’s business;

  • market for its products;

  • reputation of its management;

  • historical record and pattern of growth;

  • financial integrity;

  • demonstrated earnings power; and

  • future outlook

RATES:

Rates will be based on an Hourly Rate of $45.00 per hour plus expenses incurred including, but not limited to, postage and purchase of any special software necessary to complete task. Time to complete the job will be estimated and any projects estimated over $200.00 will require a TBD down payment. Steve Muehler Bills for Services Rendered each week. Steve Muehler requires a signed contract, which outlines the project details, prior to beginning any work.