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The method of how to list is determined by the type of security to be
listed. For example, if capital is to be raised or not or if a special
trading market is to be created for a class of instruments. The
application process is designed to be as simple as possible.
The NSX listing rules reflect international standards and seek to
achieve an appropriate balance between providing issuers with access to
the market at the earliest opportunity and providing investors both with
certain safeguards and with sufficient and timely information. The
purpose of this is to enable investors to make an informed decision as
to the value and merits of the securities listed on the NSX. A full set
of listing rules is available from the NSX website and should be
obtained before making an application to list.
Compliance Listing
Issuers may list securities on the NSX if those securities meet the
criteria for listing. This is termed a compliance listing and is the
quickest and most cost effect means to obtain a listing. Issuers seeking
a compliance listing should not have raised capital at least three (3)
months before listing and may not raise capital three (3) months after
listing
Capital Raising Listing
Issuers can issue a prospectus and raise capital using that document.
The prospectus can state that the securities are to be listed on the
NSX. All documentation must be given to the NSX within seven (7) days of
lodging the prospectus with ASIC. On successful completion of the
prospectus and submission of required documentation, the securities can
begin trading on the NSX.
More Information
For more detailed information please request a
Guide to Listing
Kit.
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