OTCQX Rules for U.S. Premier Companies
…beneficial shareholders owning at least one round lot (100 shares) each; Have a minimum bid price of $4.00 per share for its common stock as of the close of business…
…beneficial shareholders owning at least one round lot (100 shares) each; Have a minimum bid price of $4.00 per share for its common stock as of the close of business…
…every reasonable effort to keep the content of this website current but changes in applicable subject matter may not always be reflected in our website. We do not undertake any…
…security. Under the “family resemblance” test, one must start with the presumption that a note is a security which presumption is rebutted if the note bears a resemblance to one…
…to $50 million in any 12-month period. Issuers may elect to proceed under either Tier I or Tier II for offerings up to $20 million. Tier II offerings require additional…
…proceedings in the prior 10 years (i) that were initiated by any regulatory civil or criminal agency; (ii) which are material to the company and were asserted under state or…
…OTC Markets for a period of one year. The seasoning rule has an exemption for companies completing a firm commitment underwriting resulting in net proceeds to the company of $40…
…the new Tier II, which does preempt state law, allows a raise of up to $50 million. Issuers may elect to proceed under either Tier I or Tier II for…
…The ultimate benefit is that Tier 2 issuers that have used the S-1 format for their Form 1-A filing will be permitted to file a Form 8-A to register under…