A little known fact about amex listing requirements, is the backdoor to rule 101a. If you have a 3 million dollar market value of the publicly held portion of your companies shares, then there's no minimum share price to list on AMEX.
(b) Stock Price/Market Value of Shares Publicly Held—The Exchange requires a minimum market price of $3 per share for applicants seeking to qualify for listing pursuant to Section 101 (a), (b) or (d), a minimum market price of $2 per share for applicants seeking to qualify for listing pursuant to Section 101(c), and $3,000,000 aggregate market value of publicly held shares for applicants seeking to qualify for listing pursuant to Section 101(a).
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