Listing Requirements of the American Stock Exchange - AMEX
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 The American Stock Exchange is an attractive exchange for solid micro and small-cap companies. AMEX has three different listing and public shareholder standards with a number of differing combinations within.
As a result, their listing requirements offers flexibility to companies
operating in different market sectors.
AMEX Stock Exchange Listing Requirements |
|
Requirements |
Standard 1 |
Standard 2 |
Standard 3 |
|
Shareholders' equity |
$4 million |
$4 million |
$4 million |
|
Pre-tax income |
$750,000 in last fiscal year or in two of its last three fiscal years |
2 years |
$50 million |
|
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 |
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 |
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 |
|
Price |
$3 |
$3 |
N/A |
|
Market value public float |
$3 million |
$15 million |
$15 million |
The AMEX 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
Company's board of directors must agree to abide by the corporate governance requirements of AMEX.
Go to the listing requirements of other exchanges:
Master Chart Summary, Amex , TSX, NASDAQNM, NASDAQSM, TSX Venture, CNQ, OTCBB, US Pink Sheets
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 Alixe B. Cormick
Venture Law Corporation
618 - 688 West Hastings Street
Vancouver, B.C, V6B 1P1
Phone: 604-659-9188
Fax: 604-659-9178
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