NYSE listing requirements are specific to the New York Stock Exchange. Even though a company may be on another exchange, unless it’s met the requirements, the NYSE won’t list it. So, if you’re trying to list your company on this exchange, you must learn which requirements it has to meet. That way, it won’t be a hurdle to get listed once the time has arrived.
What Are the NYSE Listing Requirements?
Like all exchanges, the NYSE sets its own listing requirements. They’ve done this to prevent anyone from putting a company on there. So, before yours can be listed, you have to make sure it has passed each of them. Otherwise, it wouldn’t be feasible to have it listed.
For a company to qualify, it must have greater than $10 million in revenue over the past 3 years. Also, its yearly revenues must have been greater than $2 million for the past 2 years.
As far as its market capitalization goes, it needs to have greater than $200 million in market cap. Unless it has that much, it won’t qualify.
Once a company has met them, its stock must be distributed according to certain standards. For example, all companies must distribute at least 1.1 million shares during their IPO. It must have $40 million in outstanding shares, following its initial offering.
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