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63 FR (11/20/1998) » 98-31036. Issuer Delisting; Notice of Application to Withdraw From Listing and Registration; (Redwood Empire Bancorp, Common Stock, No Par Value) File No. 1-10868
98-31036. Issuer Delisting; Notice of Application to Withdraw From Listing and Registration; (Redwood Empire Bancorp, Common Stock, No Par Value) File No. 1-10868
[Federal Register Volume 63, Number 224 (Friday, November 20, 1998)]
[Notices]
[Pages 64534-64535]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-31036]
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SECURITIES AND EXCHANGE COMMISSION
Issuer Delisting; Notice of Application to Withdraw From Listing
and Registration; (Redwood Empire Bancorp, Common Stock, No Par Value)
File No. 1-10868
November 16, 1998.
Redwood Empire Bancorp (``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
security (``Security'') from listing and registration on the American
Stock Exchange, Inc. (``Amex'' or ``Exchange'').
The reasons cited in the application for withdrawing the Security
from listing and registration include the following:
The Company's Board of Directors approved a plan to switch from
listing the Security on Amex to listing the Security on Nasdaq in order
to provide the Company with greater visibility and the Company's
stockholders with greater liquidity. The Company notified Amex of its
intent to withdraw its Security from listing and registration on the
Exchange and to apply to Nasdaq.
The Security has begun trading on the Nasdaq and the Company
believes it is no longer necessary to continue trading on the Amex.
The Company has complied with Rule 18 of Amex by filing with the
Exchange a certified copy of the resolution adopted by the Board of
Directors authorizing the withdrawal of the Security and by providing
Amex with the reasons for the proposed withdrawal.
The Exchange has informed the Company that Amex will not object to
the Company's application to withdrawal its Security from listing and
registration on the Exchange. This application relates solely to the
withdrawal from listing of the Company's Security from the Amex.
By reason of Section 12 of the Act and the rules and regulations of
the Commission thereunder, the Company shall continue to be obligated
to file
[[Page 64535]]
reports under the Act with the Commission.
Any interested person may, on or before December 8, 1998, 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. 98-31036 Filed 11-19-98; 8:45 am]
BILLING CODE 8010-01-M
Document Information
- Published:
- 11/20/1998
- Department:
- Securities and Exchange Commission
- Entry Type:
- Notice
- Document Number:
- 98-31036
- Pages:
- 64534-64535 (2 pages)
- PDF File:
-
98-31036.pdf