NASDAQ Capital Market Companies The NASDAQ Capital Market consists of over 550 companies that have applied for listing, having met and continued to meet financial and liquidity listing requirements and agreed to meet specific corporate governance standards.
This market, previously called The NASDAQ SmallCap Market, was renamed in 2005 to reflect the core purpose of this market, which is capital raising. For more information, on the requirements to be included on The NASDAQ Capital Market please see
Listing Standards & Fees.
http://www.nasdaq.com/reference/glossary.stm
Be well