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Re: TJG post# 4269

Tuesday, 09/09/2025 4:10:59 PM

Tuesday, September 09, 2025 4:10:59 PM

Post# of 5147

Penny Stock Exempt
OTC Markets Group will display a “Penny Stock Exempt” flag on www.otcmarkets.com for securities traded on the OTCQX or OTCQB markets that are exempt from the penny stock definition under SEC Rule 3a51-1 because they meet one of the following tests: 1) A price of over $5 per share, 2) the issuer has Average Revenue of at least $6 million for the last 3 years, or 3) the issuer has Net Tangible Assets in excess of $2 million if the issuer has been in continuous operations for at least 3 years or $5 million if less than 3 years. See: SEC Rule 3a51-1 - Definition of a Penny Stock


https://www.ecfr.gov/current/title-17/chapter-II/part-240#se17.4.240_13a51_61


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