[Federal Register Volume 63, Number 212 (Tuesday, November 3, 1998)]
[Notices]
[Page 59344]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-29336]
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SECURITIES AND EXCHANGE COMMISSION
Issuer Delisting; Notice of Application to Withdraw From Listing
and Registration; (Meteor Industries, Inc., Common Stock, $.001 Par
Value; Redeemable Common Stock Purchase Warrants) File No. 1-12401
October 28, 1998.
Meteor 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
American Stock Exchange, Inc. (``Amex'' or ``Exchange'').
The reasons cited in the application for withdrawing the Securities
from listing and registration include the following:
The Board of Directors of the Company unanimously approved
resolutions on August 25, 1998, to withdraw the Company's Securities
from listing on the Amex. The Board of Directors believed that the
listing of the Securities on the Nasdaq Small Cap Market would provide
security holders with greater liquidity.
On September 15, 1998, the Securities commenced trading on the
Nasdaq Small Cap Market.
The Company has complied with the rules of the Amex by notifying
the Exchange of its intention to withdraw its Securities from listing
on the Exchange by letter dated September 8, 1998. Also enclosed with
that letter was a certified copy of the Board resolutions. The Exchange
replied by letter dated September 9, 1998, advising that the Amex would
not interpose any objection to such action nor require the Company to
send security holders any statement with respect thereto.
Any interested person may, on or before November 19, 1998, submit
by letter to the Secretary of the Securities and Exchange Commission,
450 Fifth Street, NW., Washington, DC 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. 98-29336 Filed 11-2-98; 8:45 am]
BILLING CODE 8010-01-M
