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What are the minimum requirements to list on the OTCQB and OTCQX?

How much capital must I raise in my Reg A+ and how many investors must I have to list?

There is no minimum capital required to be raised for OTCQB/OTCQX listing.

However, since OTCQX companies must pass the SEC’s penny stock test, some may be required to raise enough capital to meet the $5 Million Net Tangible Assets requirement.

As for the number of shareholders, no requirement for OTCQB, but we assume FINRA would have concern approving a new 15c211 if the Issuer has less than 50 shareholders.

For OTCQX, OTC Markets require a minimum of 100 round lot beneficial shareholders.

 

Do you want to list your company on the OTC markets? Conduct a Regulation A+ offering.

 

SEE RELATED FAQ:

What are the Listing requirements for the NASDAQ?