AE-LEGAL-002 — Alta Exchange Listing Agreement
1. Overview
This Alta Exchange Listing Agreement (“Agreement”) governs the listing of companies, securities, shares, units, interests, or other approved instruments on Alta Exchange.
Alta Exchange is the market operator responsible for listings, issuer review, trading rules, market operations, issuer disclosures, and related exchange services. Alta Terminal is the customer-facing trading platform operated by Alta Exchange. This Agreement applies to issuers and listed companies seeking access to Alta Exchange, not ordinary Alta Terminal customers.
By applying to list, maintaining a listing, completing an IPO, issuing securities, submitting issuer information, or using any listed company tools, the issuer agrees to this Agreement, the Alta Group Terms of Service, the Alta Group Privacy Policy, the Alta Exchange Trading Rules, any applicable fee schedule, and any other listing rules, disclosures, or notices provided by Alta Exchange.
Alta Exchange may update this Agreement at any time.
2. Roleplay and Virtual Economy Notice
Alta Exchange is designed for use within Minecraft, Discord, roleplay communities, virtual economies, and related online environments.
Unless Alta Exchange clearly states otherwise in writing:
- Alta Exchange is not a real-world securities exchange;
- a listed company is not listed on a real-world stock exchange;
- securities, shares, units, prices, trades, IPOs, dividends, market data, and company values may represent in-game, fictional, simulated, or roleplay value only;
- this Agreement does not create real-world securities, banking, investment, legal, or financial rights;
- Alta Exchange does not provide real-world investment, legal, accounting, tax, or securities advice.
Issuers are responsible for understanding that Alta Exchange is a roleplay and virtual economy market unless expressly stated otherwise.
3. Alta Exchange, Alta Terminal, and Alta Markets
Alta Exchange is the legal and operating entity responsible for the exchange, listing system, issuer review, marketplace, trading infrastructure, and related market services.
Alta Terminal is a product and business line of Alta Exchange that allows customers to access market data, submit orders, and view holdings.
Alta Markets may be used as a public-facing brand for Alta Exchange, Alta Terminal, market data, issuer information, APIs, and related services.
This Agreement applies specifically to Alta Exchange listings and issuers.
4. Issuer Eligibility
Alta Exchange may allow companies, businesses, organizations, institutions, or other approved entities to apply for listing.
Alta Exchange may require an issuer to:
- submit a listing application;
- provide accurate company information;
- identify owners, directors, officers, executives, or authorized representatives;
- disclose its business purpose;
- disclose financial information where required;
- provide company documents;
- provide Discord, Minecraft, website, or community information;
- select or request a ticker symbol;
- agree to this Agreement;
- agree to Alta Exchange Trading Rules;
- pay applicable fees;
- satisfy listing standards.
Alta Exchange may approve, deny, suspend, restrict, or terminate a listing at its discretion.
5. Listing Application
An issuer seeking to list on Alta Exchange must submit information requested by Alta Exchange.
Alta Exchange may review:
- business legitimacy;
- issuer identity;
- ownership structure;
- management;
- financial condition;
- business activity;
- public disclosures;
- community reputation;
- fraud risk;
- trading risk;
- regulatory or server-law concerns;
- conflicts of interest;
- prior conduct;
- technical readiness;
- any other information Alta Exchange considers relevant.
Alta Exchange may request additional information at any time.
Failure to provide requested information may result in denial, delay, suspension, or delisting.
6. Approval Is Discretionary
Listing approval is not guaranteed.
Alta Exchange may deny a listing application for any reason it considers appropriate, including:
- incomplete information;
- false or misleading information;
- weak business activity;
- fraud risk;
- suspicious ownership;
- poor disclosures;
- low-quality application;
- reputational risk;
- rule violations;
- platform risk;
- legal or policy concerns;
- business reasons.
Alta Exchange is not required to explain every denial.
7. Ticker Symbols
Alta Exchange may assign, approve, reserve, reject, modify, suspend, or revoke ticker symbols.
A ticker symbol does not create ownership of the ticker by the issuer.
Ticker symbols remain subject to Alta Exchange control.
Alta Exchange may require a ticker change if necessary to prevent confusion, impersonation, trademark issues, fraud risk, market confusion, or platform issues.
8. Listed Securities
Alta Exchange may approve the type, class, number, and terms of securities listed by an issuer.
Listed securities may include shares, units, interests, notes, preferred shares, or other instruments approved by Alta Exchange.
The issuer may not create, modify, split, merge, cancel, issue, or relabel listed securities in a way that affects market participants without following Alta Exchange procedures.
Alta Exchange may reject or restrict securities it considers confusing, unfair, misleading, unsafe, or harmful to market integrity.
9. IPOs and Public Offerings
Alta Exchange may allow issuers to conduct IPOs, public offerings, secondary offerings, direct listings, or other approved offering processes.
Alta Exchange may require the issuer to provide:
- offering price;
- number of securities offered;
- total raise amount;
- use of proceeds;
- ownership information;
- risk disclosures;
- business description;
- financial information;
- lockup restrictions;
- offering timeline;
- allocation rules;
- any other required information.
Alta Exchange may delay, cancel, modify, or reject an offering if necessary to protect investors, users, issuers, Alta Exchange, Alta Group, or market integrity.
10. Issuer Disclosures
A listed issuer is responsible for providing accurate, complete, and non-misleading disclosures.
Disclosures may include:
- business description;
- ownership and management;
- financial information;
- material updates;
- risks;
- corporate actions;
- dividends;
- new offerings;
- mergers;
- acquisitions;
- disputes;
- major contracts;
- changes in control;
- significant operational changes;
- other information Alta Exchange requires.
Alta Exchange may publish, display, review, restrict, or remove issuer disclosures.
Alta Exchange does not guarantee the accuracy of issuer disclosures.
11. Ongoing Reporting
Alta Exchange may require listed issuers to provide ongoing reports.
Reports may include:
- financial statements;
- balance sheets;
- income statements;
- shareholder updates;
- management updates;
- quarterly or monthly reports;
- material event notices;
- corporate action notices;
- proof of business activity;
- other reports required by Alta Exchange.
Failure to provide reports may result in warning, trading halt, suspension, restriction, or delisting.
12. Corporate Actions
Listed issuers may conduct corporate actions only according to Alta Exchange procedures.
Corporate actions may include:
- dividends;
- distributions;
- stock splits;
- reverse splits;
- share buybacks;
- new issuances;
- mergers;
- acquisitions;
- ticker changes;
- name changes;
- restructurings;
- liquidations;
- votes;
- rights offerings;
- tender offers;
- other issuer actions.
Alta Exchange may require notice, review, approval, disclosure, timing rules, record dates, payment procedures, or other controls for corporate actions.
Alta Exchange may delay, deny, reverse, correct, or adjust corporate actions when necessary to protect market integrity.
13. Issuer Conduct
Issuers and their representatives may not:
- submit false information;
- mislead investors;
- hide material information;
- manipulate the market;
- create fake volume;
- coordinate wash trading;
- trade on undisclosed material information;
- abuse offering processes;
- misuse customer funds;
- impersonate another company;
- misuse Alta branding;
- harass users or staff;
- interfere with Alta systems;
- violate Alta Exchange Trading Rules;
- violate Minecraft server rules, Discord rules, platform rules, or applicable law.
Alta Exchange may investigate and restrict issuers involved in prohibited activity.
14. Insider and Affiliate Activity
Alta Exchange may impose restrictions on trading by insiders, affiliates, officers, directors, employees, major holders, or related parties.
Alta Exchange may require disclosure of insider holdings, insider trades, lockups, related-party transactions, or conflicts of interest.
Issuer insiders may not use undisclosed material information to unfairly trade or influence the market.
Alta Exchange may restrict, cancel, reverse, review, or report insider or affiliate activity when necessary.
15. Market Manipulation
Issuers may not engage in or encourage market manipulation.
Prohibited conduct includes:
- wash trading;
- spoofing;
- layering;
- fake demand;
- false rumors;
- coordinated pump activity;
- undisclosed paid promotion;
- manipulative buybacks;
- artificial price support;
- misleading announcements;
- trading through related accounts to distort price or volume.
Alta Exchange may halt trading, suspend the issuer, cancel trades, restrict accounts, or delist the issuer if manipulation is suspected.
16. Promotion and Public Statements
Issuers may promote their business and listed securities only in a truthful and non-misleading manner.
Promotional materials, Discord posts, announcements, advertisements, company profiles, investor updates, and public statements must not mislead users about risk, value, returns, ownership, dividends, guarantees, or issuer condition.
Alta Exchange may require correction, removal, or clarification of misleading statements.
17. Fees
Alta Exchange may charge fees for listing applications, IPOs, ongoing listings, corporate actions, market data, issuer tools, premium services, API access, review work, or other services.
Fees may be listed in a fee schedule, invoice, product page, agreement, disclosure, or notice.
Alta Exchange may update fees at any time unless a specific written agreement states otherwise.
Failure to pay fees may result in suspension, restriction, denial of services, or delisting.
18. Suspension and Trading Halts
Alta Exchange may halt trading, suspend a security, pause issuer activity, restrict order entry, cancel open orders, or limit market access when necessary.
Reasons may include:
- missing disclosures;
- suspicious trading;
- issuer investigation;
- suspected fraud;
- market manipulation concerns;
- technical errors;
- corporate action processing;
- unpaid fees;
- ownership disputes;
- platform risk;
- legal or policy concerns;
- protection of market integrity.
Alta Exchange may act immediately and without prior notice if needed.
19. Delisting
Alta Exchange may delist an issuer or security at any time.
Reasons may include:
- fraud or suspected fraud;
- false or misleading disclosures;
- failure to report;
- inactivity;
- unpaid fees;
- market manipulation;
- repeated rule violations;
- unresolved ownership disputes;
- low quality or abandoned business;
- technical issues;
- platform risk;
- business reasons;
- legal or policy concerns.
Delisting does not cancel obligations that existed before delisting.
Alta Exchange may decide how to handle remaining securities, issuer pages, trading records, disclosures, open orders, settlements, and customer holdings.
20. Issuer Records
Alta Exchange may maintain records related to issuers and listings, including:
- applications;
- disclosures;
- financial information;
- ownership information;
- management information;
- ticker records;
- security records;
- IPO records;
- corporate action records;
- trading halt records;
- delisting records;
- support messages;
- investigations;
- staff actions;
- audit logs.
Alta Exchange’s records are the official records unless Alta Exchange determines that a correction is required.
21. Issuer Content
Issuers may submit content to Alta Exchange, including logos, company descriptions, disclosures, documents, financials, announcements, investor materials, and related content.
The issuer is responsible for ensuring it has the right to submit all content.
By submitting content, the issuer grants Alta Exchange and Alta Group permission to host, store, display, publish, process, moderate, copy, and use that content as needed to operate the exchange and related services.
Alta Exchange may remove, restrict, correct, or hide issuer content when necessary.
22. Intellectual Property and Branding
Listing on Alta Exchange does not give the issuer rights to Alta Exchange, Alta Terminal, Alta Markets, Alta Group, or Alta branding.
Issuers may not use Alta logos, marks, names, badges, or branding in a way that suggests endorsement, approval, guarantee, or sponsorship beyond the fact that the issuer is listed, unless Alta Exchange gives permission.
Alta Exchange may require issuers to remove or modify improper use of Alta branding.
23. Relationship to Investors
The issuer is responsible for its relationship with investors, shareholders, holders, customers, users, and the public.
Alta Exchange provides listing and market infrastructure but does not guarantee issuer performance, issuer honesty, dividends, business success, liquidity, price, market value, or returns.
Investors trade at their own risk.
24. Disputes
Issuers may submit disputes through official Alta Exchange support channels.
Disputes may involve:
- listing status;
- ticker assignment;
- issuer disclosures;
- corporate actions;
- fees;
- trading halts;
- delisting;
- account restrictions;
- ownership disputes;
- technical issues;
- market data issues.
Alta Exchange may resolve disputes based on records, logs, screenshots, issuer materials, trading data, staff review, applicable rules, and platform procedures.
Alta Exchange’s decision is final unless Alta Exchange chooses to reopen the matter.
25. No Guarantee of Listing Benefits
Alta Exchange does not guarantee that listing will result in:
- successful fundraising;
- trading volume;
- investor interest;
- liquidity;
- price appreciation;
- business success;
- reputation improvement;
- market stability;
- continued listing.
The issuer accepts the risks of listing.
26. Service Availability
Alta Exchange listing services may be unavailable, delayed, interrupted, changed, or discontinued at any time.
Alta Exchange does not guarantee that issuer dashboards, listings, offering pages, trading systems, market data, APIs, bots, websites, or support systems will always be available or error-free.
Alta Exchange may perform maintenance, emergency shutdowns, upgrades, resets, or feature changes when necessary.
27. Privacy
Alta Exchange may collect and use issuer information as described in the Alta Group Privacy Policy and any applicable Alta Exchange privacy notice.
Alta Exchange may collect and maintain information related to issuer applications, company records, officers, directors, owners, disclosures, financials, listings, securities, corporate actions, disputes, investigations, and support requests.
Some issuer information may be made public as part of the listing process.
28. Relationship to Other Agreements
This Agreement applies to issuers and listed companies.
Other Alta Exchange or Alta Group documents may also apply, including:
- Alta Group Terms of Service;
- Alta Group Privacy Policy;
- Alta Terminal Customer Agreement;
- Alta Exchange Trading Rules;
- Alta Markets Market Data & API Terms;
- applicable fee schedules;
- offering documents;
- product-specific disclosures.
If there is a conflict between this Agreement and a more specific listing, offering, corporate action, or trading document, the more specific document controls for that subject unless Alta Exchange states otherwise.
29. Limitation of Liability
To the maximum extent allowed by applicable rules and law, Alta Exchange, Alta Terminal, Alta Group, subsidiaries, directors, officers, employees, contractors, agents, and representatives shall not be liable for indirect, incidental, special, consequential, punitive, or lost-profit damages arising from listing, issuer activity, trading, market data, or use of Alta Exchange services.
Alta Exchange’s total liability for any claim shall not exceed the amount paid by the issuer to Alta Exchange for the specific listing service giving rise to the claim during the thirty days before the claim, unless a specific written agreement states otherwise.
30. Indemnification
The issuer agrees to defend and hold harmless Alta Exchange, Alta Terminal, Alta Group, subsidiaries, directors, officers, employees, contractors, agents, and representatives from claims, damages, losses, liabilities, costs, or expenses arising from:
- issuer disclosures;
- issuer content;
- false or misleading information;
- investor disputes;
- shareholder disputes;
- corporate actions;
- offering materials;
- market manipulation;
- insider activity;
- violation of this Agreement;
- violation of Alta Exchange Trading Rules;
- violation of server rules, platform rules, community rules, or applicable law.
31. Changes to This Agreement
Alta Exchange may update this Agreement at any time.
Updated versions become effective when posted, published, or otherwise made available.
Continued listing or use of listing services after an update means the issuer accepts the updated Agreement.
32. Termination
The issuer may request voluntary delisting or termination of listing services, subject to Alta Exchange procedures.
Alta Exchange may suspend, restrict, or terminate listing services at any time for rule violations, risk, inactivity, fraud, abuse, security concerns, market integrity concerns, business reasons, or platform changes.
Termination does not cancel obligations that existed before termination, including fees, disclosures, corporate actions, disputes, investigations, or enforcement actions.
33. Contact
Questions, disputes, or support requests should be submitted through official Alta Exchange support channels.
34. Approval
This Alta Exchange Listing Agreement is adopted by Alta Exchange as the governing agreement for issuers and listed companies.