Restructuring

   

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NYSE (New York Stock Exchange)
www.nyse.com
The New York Stock Exchange (NYSE), the largest equities marketplace in the world, is home to about 3,000 companies worth more than $17 trillion in global market capitalization.

 

 

Financial Requirements for Non-US Worldwide Companies

Applicants must satisfy one of the following tests:

 

Earnings test

Valuation + revenue + cash flow test

Pure valuation + revenue test

Affiliated company test

Adjusted pre-tax earnings on continuing operations

Min US$ 100 m in aggregate for the last 3 years. AND

Min US$ 25 m in last 2 years

-

-

-

Adjusted operating cash flow

 

Min US$ 100 m in aggregate for the last 3 years. AND

Min US$ 25 m in last 2 years

 

 

Revenue for most recent year

-

Min US$ 100 m

Min US$ 75 m

-

Global market capitalization

-

US$ 500 m

US$ 750 m

US$ 500 m

Minimum number of investors

5,000 each holding 100 or more shares

Public float (shares)

2.5 million

Public float (value)

US$ 100 million

other

 

 

 

At least one year of operation AND

Has a good standing listed parent/affiliate which continues to retain control.

Accounting must be done to US GAAP, of with reconciliation to it

Financial Requirements for US Companies

Applicants must satisfy one of the following tests:

 

Earnings test

Valuation + revenue + cash flow test

Pure valuation + revenue test

Affiliated company test

Adjusted pre-tax earnings on continuing operations

Min US$ 10 m in aggregate for the last 3 years. AND

Min US$ 2 m in last 2 years AND

Positive for ALL last 3 years

-

-

-

Adjusted operating cash flow

 

Min US$ 25 m in aggregate for the last 3 years. AND

Positive for ALL last 3 years

 

 

Revenue for most recent year

-

Min US$ 100 m

Min US$ 75 m

-

Global market capitalization

-

US$ 500 m

US$ 750 m

US$ 500 m

Minimum number of investors

2,000 U.S. shareholders OR 2,200 shareholders with an average monthly trading volume of 100,000 for last 6 months OR 500 shareholders with average monthly trading volume of 1 million shares for last 12 months.

 

Public float (shares)

2.5 million worldwide

Public float (value)

US$ 100 million

other

 

 

 

At least one year of operation AND

Has a good standing listed parent/affiliate which continues to retain control.

Accounting must be done to US GAAP, of with reconciliation to it

Download .PDF Listing Requirements in United States

NYSE NASDAQ AMEX OTCBB