97-27901. Applications, Hearings, Determinations, Etc. Tivoli Industries, Inc.  

  • [Federal Register Volume 62, Number 204 (Wednesday, October 22, 1997)]
    [Notices]
    [Pages 54885-54886]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 97-27901]
    
    
    =======================================================================
    -----------------------------------------------------------------------
    
    SECURITIES AND EXCHANGE COMMISSION
    
    
    Applications, Hearings, Determinations, Etc. Tivoli Industries, 
    Inc.
    
    October 16, 1997.
        Issuer Delisting; Notice of Application to Withdraw from Listing 
    and
    
    [[Page 54886]]
    
    Registration; (Tivoli Industries, Inc., Common Stock, $.001 Par Value; 
    Redeemable Class A Warrants to Purchase $.001 Par Value Common Stock, 
    expiring Sept. 21, 1997; Redeemable Class B Warrants to Purchase $.001 
    Par Value Common Stock, expiring Sept. 21, 1997) File No. 1-13338.
        Tivoli Industries, Inc. (``Company'') has filed an application with 
    the Securities and Exchange Commission (``Commission''), pursuant to 
    Section 12(d) of the Securities Exchange Act of 1934 (``Act'') and Rule 
    12d2-2(d) promulgated thereunder, to withdraw the above specified 
    securities (``Securities'') from listing and registration on the Boston 
    Stock Exchange, Inc. (``BSE'' or ``Exchange'').
        The reasons cited in the application for withdrawing the Securities 
    from listing and registration include the following:
        The Company's Securities have been listed for trading on both the 
    BSE and Nasdaq Small Cap Stock Market since September 21, 1994.
        The Company has complied with the rules of BSE by setting forth in 
    detail to such Exchange the reasons for such proposed withdrawal, and 
    the facts in support thereof. In making the decision to withdraw its 
    Securities from listing on the BSE, the Company considered the direct 
    and indirect costs and expenses attendant on maintaining the dual 
    listing of its Securities on the NASDAQ SmallCap Stock Market and the 
    BSE. The Company does not see any particular advantage in the dual 
    trading of its Securities and believes that dual listing would fragment 
    the market for its securities.
        By letter dated September 23, 1997, the BSE has informed the 
    Company that it has no objection to the withdrawal of the Company's 
    Securities from listing on the BSE.
        Any interested person may, on or before November 6, 1997, submit by 
    letter to the Secretary of the Securities and Exchange Commission, 450 
    Fifth Street, N.W., Washington, D.C. 20549, facts bearing upon whether 
    the application has been made in accordance with the rules of the 
    exchange and what terms, if any, should be imposed by the Commission 
    for the protection of investors. The Commission, based on the 
    information submitted to it, will issue an order granting the 
    application after the date mentioned above, unless the Commission 
    determines to order a hearing on the matter.
    
        For the Commission, by the Division of Market Regulation, 
    pursuant to delegated authority.
    Jonathan G. Katz,
    Secretary.
    [FR Doc. 97-27901 Filed 10-21-97; 8:45 am]
    BILLING CODE 8010-01-M
    
    
    

Document Information

Published:
10/22/1997
Department:
Securities and Exchange Commission
Entry Type:
Notice
Document Number:
97-27901
Pages:
54885-54886 (2 pages)
PDF File:
97-27901.Pdf