Key eligibility criteria at European exchanges

LSE Chapter 20

Normal LSE admission rules apply except that the 3 year trading requirement is waived.
Company must have sophisticated investors on board.
Intend to raise at least £10M (about US$16M) at admission.
Have a market cap prior to admission of at least £20M.
Incurred R&D expenses of more than £20M over not less than 3 years.
Requires independent