Question: Before a company can begin trading on an exchange, it must meet certain initial requirements. The exchanges set their own standards for initial listing, which

Before a company can begin trading on an exchange, it must meet certain initial requirements. The exchanges set their own standards for initial listing, which include minimum thresholds for the number of publicly traded shares, total market value, stock price, and number of shareholders. Review the initial listing requirements for NASDAQ found at https://listingcenter.nasdaqomx.com/assets/initialguide.pdf to answer the following questions:
a. What are the three distinct tiers in the NASDAQ market? Which tier has the most stringent listing requirements?
b. What is the minimum number of shares for the NASDAQ Global Select Market?
c. Companies must meet all of the requirements of one of four standards for the NASDAQ Global Market. What are the four standards? What is the minimum bid price and number of shareholders under the standards?
d. Review the corporate governance requirements. What securities issuances require shareholder approval?

Step by Step Solution

★★★★★

3.40 Rating (163 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

a The three distinct tiers of the NASDAQ market are The NASDAQ Global Select Market The NASDAQ Globa... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

271-B-A-A-A-N (143).docx

120 KBs Word File

Students Have Also Explored These Related Auditing Questions!

What two criteria must be met before a company can classify short-term debt that is expected to be refinanced as a noncurrent liability?

What are the three distinct types of business activity in which companies engage? Assume that you start your own company to rent bicycles in the summer and skis in the winter. Give an example of at...

What are the three distinct components of export planning and strategy development and how are they related?

Before a company can begin trading on an exchange, it must meet certain initial requirements. In order to be listed on the Toronto Stock Exchange, companies must meet minimum requirements. Review the...

please type your response Summarize the facts of the case. About this case study: This case study was developed as a joint effort by the Center for Audit Quality, Financial Executives International,...

Income Statement Vertical Analysis - The Clorox Company (All items on each statement is a % of net sales on the statements rounded to 1 decimal point) Using Excel , compute common-size income...

Chapter 16 Passenger Transport Law INTRODUCTION 5 10 15 20 25 30 35 Transport law is a complex area of law covering the carriage (transport) of passengers and their luggage, as well as the carriage...

Why is risk management important to an exhibition management company? To an exhibitor? title Author ISBN Publisher Publication Date Professional Meeting Management Professional Convention Management...

I have 4 case questions and I need to get help. Thx thi79492_caseA.6_239-250.qxd 12/29/07 2:39 PM Page 239 Confirming pages A.6 Case The Baptist Foundation of Arizona Synopsis The Baptist Foundation...

Protecting Your Trademark ENHANCING YOUR RIGHTS THROUGH FEDERAL REGISTRATION Basic Facts About Trademarks United States Patent and Trademark Office MESSAGE FROM THE USPTO Thank you for requesting a...

A consumer preference study involving three different bottle designs (A, B, and C) for the jumbo size of a new liquid laundry detergent was carried out using a randomized block experimental design,...

Purchase Price: $4,100,000 Rents: Tenant Monthly Rent Unit 1 $5,600 Unit 2 $5,600 Unit 3 $5,800 Unit 4 $3,200 Unit 5 $3,200 Unit 6 $3,200 Unit 7 $3,200 Unit 8 $3,200 Year 1 NOI: $259,578 NOI Growth...

Commercial banks are specialized in assessing which potential borrowers are creditworthy, and which potential borrowers are more likely to default on their loans. To which of the following functions...

Presented below is a note disclosure for Matsui Group. Litigation and Environmental: Matsui has been notified or is a named or a potentially responsible party in a number of governmental and private...

Suppose you are the head of the central bank and your mandate is to maintain the price level at a constant value. Explain what you would do to the money supply in response to each of the following...

In 2022, Buraka Enterprises issued, at par, 75 1,000, 8% bonds, each convertible into 100 ordinary shares. The liability component of convertible bonds was 950 per bond, based on a market rate of...

Hydrocarbon molecules with only single bonds between carbon atoms are a. fairly reactive b. fairly unreactive c. extremely dense d. unsaturated

You and a friend get lost while hiking, so your friend pulls out a magnetic compass to get re-oriented. However, youre standing right under a power line carrying 1.5 kA toward magnetic north; its 10...

Describe the reasons for the failure of change initiatives and suggest strategies for improving the success rate of change management initiatives.

Doyle and Jensen, CPAs, audited the accounts of Regal Jewelry, Inc., a corporation that imports and deals in fine jewelry. Upon completion of the audit, the auditors supplied Regal Jewelry with 20...

In order to expand its operations, Barton Corp. raised $5 million in a public offering of common stock , and also negotiated a $2 million loan from First National Bank. In connection with this...

Chen, CPA, is the auditor for Greenleaf Manufacturing Corporation, a privately owned company that has a June 30 fiscal year. Greenleaf arranged for a substantial bank loan that was dependent on the...

Green Caterpillar Garden Supplies Inc. Balance Sheet For the Year Ended on December 31 Assets Liabilities Current Assets: Current Liabilities: Cash and equivalents $150,000 Accounts payable $250,000...

Assume the risk-free rate is 1%. The following table shows returns and variance-covariance for five stocks. Returns% Var-Cov IT ENG FIN HLT CDS IT 4.559 IT 8.129 7.182 7.171 3.585 7.041 ENG 7.187 ENG...

A stock had returns of 19 percent, 11 percent, 13 percent, -4 percent, 15 percent, and 11 percent over the last six years. What is the arithmetic return for the stock? What is the geometric return...