Pasted:"Can a stock go from OTC to NYSE?Yes. Companies that are...

Pasted:

"Can a stock go from OTC to NYSE?Yes.
Companies that are not listed on an exchange, like the New York Stock Exchange (NYSE), are traded OTC. Often, the company is too small to be publicly traded. Sometimes, the company can’t afford the listing fee. But some of these small companies grow into large ones. When a company gets large enough and meets the listing requirements of the exchange, it can elect to “go public.” By making an Initial Public Offering (IPO), the company can move from the OTC market to Wall Street.While many companies that trade OTC have share prices under $1 (called penny stocks), that’s not always the case. There are a variety of other reasons the company may not be able to meet the requirements of an exchange. The most common cause might be delinquent financial reports to the Securities and Exchange Commission (SEC). Or maybe the company was recently facing bankruptcy. In these circumstances, companies can get listed on one of disalloweds once they fix the problem."