[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