International Capital Markets

Capital Markets - NYSE Listing

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.

Synergy Capital Markets is always open to talk to corporate executives who are considering listing on the NYSE-MKT.  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.  Do feel free to book an appointment with us if you need assistance to determine if your company qualifies to list on the NYSE-MKT or other exchange.

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

 

Company’s board of directors must agree to abide by the corporate governance requirements of NYSE-MKT.

NOTE: The fundamental difference between the NYSE and Nasdaq is in the way securities on the exchanges are transacted between buyers and sellers. The Nasdaq is a dealer's market, wherein market participants are not buying from and selling to one another directly but through a dealer, who, in the case of the Nasdaq, is a market maker. The NYSE is an auction market, wherein individuals are typically buying and selling between one another, and there is an auction occurring; that is, the highest bidding price will be matched with the lowest asking price.

New York Stock Exchange

11 Wall Street

New York City, New York 10005

www.NYSE.com

 Synergy Capital Markets

9453 De Soto Avenue

Suite M

Chatsworth, California 91311
 

CONTACT US

Synergy Capital Markets, is an institutional alternative real estate finance investment adviser, investor and underwriter. Synergy Capital Markets does not offer, and does not offer to provide any broker dealer or market maker services. Synergy Capital Markets operates this website at www.SynergyCapitalMarkets.com (referred to as the “Website”). By accessing this Website and any pages thereof, you agree to be bound by its Terms of Use and Privacy Policy. Past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. We do not provide financial planning services to individual investors. Synergy Capital Markets does not provide tax advice and does not represent in any manner that the outcomes described herein will result in any particular tax consequence. Prospective investors should conduct their own due diligence, not rely on the financial assumptions or estimates displayed on this Website, and are encouraged to consult with their own financial advisor, attorney, accountant, and any other professional that can help you / them to understand and assess the risks associated with any real estate investment opportunity. Full Disclosure

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