What are the requirements to be listed on NASDAQ

NASDAQ's listing requirements can be divided into the following three categories.

Requirement 1: 1) Shareholders' equity of $15 million;

2) Have a pre-tax income of $1,000,000 in the most recent fiscal year or two of the last 3 years;

3) 1.1 million public floats;

4) the value of the public float amounted to US$8 million;

5) The purchase price per share is at least $5;

6) At least 400 shareholders holding more than 100 shares;

7) 3 market makers (market makers refer to the ** market, by the ** business legal person with a certain strength and reputation as a licensed dealer, constantly to the public investors to quote some specific ** trading**, two-way** and at the price to accept the public investors' trading requirements, with its own funds and ** with investors for ** transactions);

8) Corporate governance requirements must be met.

Requirement 2: 1) Shareholders' equity of US$30 million;

2) 1.1 million public shares;

3) the market value of the public float is US$18 million;

4) The purchase price per share is at least $5;

5) At least 400 shareholders holding more than 100 shares;

6) 3 market makers;

7) Two years of operating history;

8) Corporate governance requirements must be met.

Requirement 3: 1) The total market value is $75 million; or the total assets and total income reach 75 million US dollars respectively;

2) 1.1 million public float;

3) The market value of the public float is at least $20 million;

4) At least $5 per share;

5) At least 400 shareholders holding more than 100 shares;

6) 4 market makers;

7) Corporate governance requirements must be met.

1. The NASDAQ listing standards are divided into three categories:1. NASDAQ Listing Standard 1:

1) Shareholders' equity of US$15 million;

2) Have pre-tax income of $1,000,000 in the most recent fiscal year or two of the last 3 years;

3) 1.1 million public floats;

4) the value of the public float amounted to US$8 million;

5) The purchase price per share is at least $5;

6) At least 400 shareholders holding more than 100 shares;

7) 3 market makers;

8) Corporate governance requirements must be met.

2. NASDAQ Listing Standard II:

1) Shareholders' equity of US$30 million;

2) 1.1 million public shares;

3) the market value of the public float is US$18 million;

4) The purchase price per share is at least $5;

5) At least 400 shareholders holding more than 100 shares;

6) 3 market makers;

7) Two years of operating history;

8) Corporate governance requirements must be met.

3. Nasdaq Listing Standard 3:

1) The total market value is $75 million; or $75 million in total assets and $75 million in gross earnings;

2) 1.1 million public float;

3) The market value of the public float is at least $20 million;

4) The purchase price per share is at least $5;

5) At least 400 shareholders holding more than 100 shares;

6) 4 market makers;

7) Corporate governance requirements must be met.

2. Three conditions and one principle:

If a company wants to list on NASDAQ, it can choose one of the following three criteria to apply:

1. Standard 1:

Shareholders' equity (net assets of the company) of US$15 million; $1,000,000 in pre-tax income in one fiscal year or two of the last three years; 1.1 million public floats; The value of the public float amounted to $8 million; The purchase price per share is at least $5; At least 400 shareholders holding more than 100 shares; 3 market makers; Corporate governance requirements must be met.

2. Standard 2:

Shareholders' equity of $30 million; 1.1 million public shares; The market value of the public float reached US$18 million; The purchase price per share is at least $5; At least 400 shareholders holding more than 100 shares; 3 market makers; Two years of operating history; Corporate governance requirements must be met.

3. Standard 3:

The total market value is $75 million; or, total assets of $75 million and gross earnings of $75 million each; 1.1 million public floats; The market value of the public float is at least $20 million; The purchase price per share is at least $5; At least 400 shareholders holding more than 100 shares; 4 market makers; Corporate governance requirements must be met.

1. There must be more than 300 shareholders. Meet one of the following conditions: shareholders' equity (net assets of the company) is not less than US$15 million, and pre-tax operating income of not less than US$1 million in at least one of the last three years.

Shareholders' equity (net assets of the company) is not less than $30 million. Not less than 2 years of business record.

2. The market value of the ** circulating on the NASDAQ is not less than 75 million US dollars, or the company's total assets and total income for the year are not less than 75 million US dollars. The annual financial statements must be submitted to the Securities and Futures Commission and the shareholders of the company for reference.

3. A minimum of three market makers must participate in the project (each registered market maker must have the ability to buy or sell more than 100 shares** at the normal bid and ask price, and must return all the transaction price and trading volume to the National Trade Association (NASD) within 90 seconds of each transaction).

The NASDAQ listing conditions are:

1. Prerequisites: operating biochemical, pharmaceutical, science and technology companies, with an economically active period of more than one year;

2. Negative conditions: the net value of tangible assets reaches more than 5 million US dollars, or the pre-tax net profit in the past year reaches more than 750,000 US dollars, or the pre-tax income in two of the past three years reaches more than 750,000 US dollars, or the market value of the company's capital reaches more than 50 million US dollars;

3. Positive conditions: SEC and NASD approvals and 300 people holding shares;

4. The minimum pre-tax income of $750,000 in the previous fiscal year.

5. The annual financial statements of each year must be submitted to the Securities Regulatory Commission and the shareholders of the company for reference;

6. At least three market matchmakers must be involved in the case. Each registered Market Maker must have the ability to buy or sell more than 100 shares** at the normal bid and ask prices, and must return all traded prices and volumes to the U.S.** Trade Association within 90 seconds of each transaction.

NASDAQ, the full name of the National Association of Dealers Automatic Table, is an electronic trading institution in the United States, which is owned and operated by the NASDAQ Market Company.

NASDAQ is the abbreviation of the National Association of Industries Automatic Reporting System, founded in 1971, and has become one of the largest markets in the world.

NASDAQ was created on February 8, 1971 by the National Association of Dealers, in order to regulate chaotic over-the-counter transactions and provide a financing platform for small businesses. The NASDAQ features the collection and publication of over-the-counter unlisted merchants, and it has become the second largest trading marketplace in the world. There are more than 5,400 listed companies, and the NASDAQ is the first in the world to adopt electronic trading and face the world**, with more than 260,000 computer point-of-sale terminals in 55 countries and regions.

Nasdaq listing conditions include:

1. (1) Shareholders' equity.

Up to US$15 million: (2) Pre-tax income of US$1 million in the most recent financial year or in two of the last 3 years: (3) Public float of US$1.1 million:

4) The public float has a price of $8 million: (5) the purchase price per share is at least $5, and (6) there are at least 400 shareholders holding more than 100 shares:

7) 3 market makers;

8) Corporate governance must be satisfied.

Request. 2. (1) Shareholders' equity of US$30 million: (2) 1.1 million public shares:

3) The market value of the public float is $18 million: (4) The purchase price per share is at least $5: (5) At least 400 shareholders holding more than 100 shares:

6) 3 market makers: (7) two years of operating history: (8) must meet corporate governance requirements.

3. (1) The total market value is US$75 million: or, the total assets and the total income are US$75 million, respectively: (2) the public float of 1.1 million:

3) The market value of the public float is at least $20 million: (4) The purchase price per share is at least $5: (5) There are at least 400 shareholders holding more than 100 shares:

6) 4 market makers: (7) must meet corporate governance requirements.

NASDAQ was created on February 8, 1971 by the National Association of Dealers, Inc. to regulate chaotic over-the-counter transactions and provide a financing platform for small businesses. The NASDAQ is characterized by the collection and publication of over-the-counter unlisted trading markets, and it has become the second largest trading market in the world.

There are more than 5,400 listed companies in total, and the NASDAQ is the first in the world to adopt electronic trading.

And facing the global **, it is in 55 countries and regions.

There are more than 260,000 computer sales terminals.

NASDAQ.

It is an average index that reflects changes in the NASDAQ market, with a base index of 100. Listed companies on the NASDAQ cover all high-tech industries, including software, computers, telecommunications, biotechnology, retail, and wholesale**.