Domestic issuers must have US GAAP financials.įinancial statements. Audited financial statements must be prepared in compliance with US GAAP or IFRS (as issued by IASB), or, if prepared in compliance with local GAAP (including any non-IASB IFRS), they must be reconciled to US GAAP. The market value of public shares must be US$40 million for IPO companies under the general domestic standards and US$100 million for other companies.Īccounting standards. To list under the alternate “foreign private issuer” standards, a company must have at least 5,000 holders of 100 shares or more and at least 2.5 million publicly held shares worldwide. To list securities in connection with an IPO, a company must have at least 400 holders of 100 shares or more and at least 1.1 million publicly held shares. At least 500 total shareholders, with an average monthly trading volume of at least 1 million shares for the most recent 12 months.At least 2,200 total shareholders and an average monthly trading volume of at least 100,000 shares for the most recent six months. At least 400 holders of 100 shares or more and an average monthly trading volume of at least 100,000 shares for the most recent six months.To list its existing securities or to transfer its listing to the NYSE, a company must have at least 1.1 million publicly held shares and meet one of the following three criteria: Shares must have a closing price (or, if listing in connection with an IPO, an offering price) of at least US$4.ĭistribution. Global market capitalization of at least US$500 million, revenues of at least US$100 million in the most recent 12-month period and three years’ aggregate cash flow of at least US$100 million (including at least US$25 million in cash flow in each of the last two years) (subject to certain adjustments).Īn “emerging growth company” that avails itself of certain provisions under the US securities laws allowing the company to report only two years of audited financial statements may qualify under alternate tests.Six months’ average global market capitalization of at least US$750 million and revenues of at least US$75 million in the most recent year.Three years’ aggregate pre-tax income of at least US$100 million, with at least US$25 million in pre-tax income in each of the last two years.Global market capitalization of at least US$200 million.Ī “foreign private issuer” may also choose to qualify under alternate standards, typically by having at least one of the following:.Three years’ aggregate pre-tax income of at least US$12 million, with at least US$5 million in the most recent fiscal year and US$2 million in the next most recent year.Three years’ aggregate pre-tax income of at least US$10 million, with at least US$2 million in each of the two preceding years and positive income in all three years.6.To qualify under the general standards, a company typically must have at least one of the following: Global Systems Dynamics Inc - Units (1 Ord Class A & 1/2 War) Hudson Acquisition I Corp - Units (1 Ord & 1 Right) Plutonian Acquisition Corp - Units (1 Ord ,1 War & 1 Right) Greystone Housing Impact Investors LP Beneficial Unit Certificates representing assignments of limited partnership interestsīrookdale Senior Living Inc. Social Leverage Acquisition Corp I - Unit Horizon Space Acquisition I Corp - Units (1 Ord, 1 War & 1 Rts)ĪlphaVest Acquisition Corp - Units (1 Ord & 1 Right) Israel Acquisitions Corp - Units (1 Ord Share Class A & 1 War)ĪlphaTime Acquisition Corp - Units (1 Ord & 1 War & 1 Right) SEP Acquisition Corp - Units (1 Ord Class A & 1/2 War) Pono Capital Three Inc - Units (1 Ord Class A & 1 War)Ĭetus Capital Acquisition Corp - Units (1 Ord Share Class A, 1 War & 1 Right ) Mars Acquisition Corp - Units (1 Ord & 1 Right )īellevue Life Sciences Acquisition Corp - Units (1 Ord, 1 War & 1 Right ) Quadro Acquisition One Corp - Units (1 Ord Share Class A & 1/3 War)ĭistoken Acquisition Corp - Units (1 Ord Class A, 1 Right & 1 War) SilverBox Corp III - Units (1 Ord Share Class A & 1/3 War) Oak Woods Acquisition Corp - Units (1 Ord Class A & 1 War 1 Right )įour Leaf Acquisition Corp - Units (1 Ord Class A & 1 War) Then, after a few months, the SPAC's common stocks and warrants will Most SPACs go public by first issuing units. Units are almost exclusively offered by Special Purpose Acquisition Companies, or "SPACs". Here are the last 100 initial public offerings on U.S.
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