What are the requirements for a New York Stock Exchange listing for a domestic company?
In order for a domestic company to list on the NYSE, it must meet certain minimum criteria relating to market value, earnings and share distribution. For example, public shares at the IPO must have a market value of $60 million. In regard to earnings, companies need to have 3-year total pretax income of $10 million or they can meet alternative criteria relating to revenues and market capitalization or operating cash flow, revenues and market capitalization. Two thousand round lot shareholders are required or alternative criteria can be met that relate to total shareholders and monthly trading volume. The NYSE should be contacted for details.
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