IPO eligibility requires issuers to satisfy revenue, profitability, market capitalisation, or prescribed alternative criteria before offering specified securities. Initial public offer eligibility for specified securities requires an issuer to meet at least one financial or market-based alternative: operating ... Summary
IPO eligibility requires issuers to satisfy revenue, profitability, market capitalisation, or prescribed alternative criteria before offering specified securities.
Initial public offer eligibility for specified securities requires an issuer to meet at least one financial or market-based alternative: operating revenue, pre-tax profit, post-issue market capitalisation, or other prescribed criteria. Revenue and profit are determined from consolidated audited accounts. The thresholds are separate eligibility routes rather than cumulative requirements, and the financial year follows the issuer's home-jurisdiction laws.
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