
Just for the record, you can still be considered a public company and not be traded in a managed exchange like the NYSE. That one entry listed is an Over-The-Counter stock exchange. In this case, OTCQX Best Market is what you might call a "second-tier" exchange. There are still requirements, but they're less ornerous (I believe in this case, you have to be sponsored to get on this list). But OTC can also refer to the "Pink Sheets": a practically-unmanaged list of OTC stocks for sale. I think Circuit City ended up in the Pink Sheets before it went completely under in 1999.