OTCQB QUALIFICATIONS Eligibility Requirements U.S. companies must have audited annual financials by a PCAOB auditor. (Tier 2 Regulation A Companies are exempt from the PCAOB requirement for their initial audit) Meet minimum bid price test of $0.01 Not be in bankruptcy International companies must be listed on a Qualified Foreign Exchange (or SEC Reporting) and submit a Letter of Introduction from an approved OTCQB Sponsor
Reporting Requirements Meet one of the following Reporting Standards: SEC Reporting Standard Regulation A Reporting Standard (Tier 2) U.S. Bank Reporting Standard International Reporting Standard Alternative Reporting Standard Timely disclosure of material news
Corporate Governance Requirements (Alternative Reporting only) Have a board of directors that includes at least two Independent Directors Have an Audit Committee, a majority of the members of which are Independent Directors Verification Requirements Maintain a Verified Company Profile Post initial and annual verification and management certification