E6-3266. Issuer Delisting; Notice of Application of Socket Communications Inc. To Withdraw Its Common Stock, $.001 Par Value, From Listing and Registration on the Pacific Exchange, Inc.  

  • Start Preamble March 2, 2006.

    On February 23, 2006, Socket Communications Inc., a Delaware corporation, (“Issuer”), filed an application with the Securities and Exchange Commission (“Commission”), pursuant to Section 12(d) of the Securities Exchange Act of 1934 (“Act”) [1] and Rule 12d2-2(d) thereunder,[2] to withdraw its common stock, $.001 par value (“Security”), from listing and registration on the Pacific Exchange, Inc. (“PCX”).

    On January 26, 2006, the Board of Directors (“Board”) of the Issuer approved the delisting of the Security from listing and registration on PCX. The Issuer stated that the reason to withdraw the Security from PCX is that the Security is presently dual-listed on the Nasdaq National Market System (“Nasdaq”) and PCX. The Issuer believes that it no longer needs or benefits from the dual listing.

    The Issuer stated in its application that it has complied with PCX rules by providing PCX with the required documents governing the withdrawal of securities from listing and registration on PCX.

    The Issuer's application relates solely to withdrawal of the Security from listing on PCX and from registration under Section 12(b) of the Act,[3] and shall not affect its obligation to be registered under Section 12(g) of the Act.[4]

    Any interested person may, on or before March 27, 2006 comment on the facts bearing upon whether the application has been made in accordance with the rules of PCX, and what terms, if any, should be imposed by the Commission for the protection of investors. All comment letters may be submitted by either of the following methods:

    Electronic Comments

    Paper Comments

    • Send paper comments in triplicate to Nancy M. Morris, Secretary, Securities and Exchange Commission, 100 F Street NE., Washington, DC 20549-1090.

    All submissions should refer to File Number 1-13810. This file number should be included on the subject line if e-mail is used. To help us process and review your comments more efficiently, please use only one method. The Commission will post all comments on the Commission's Internet Web site (http://www.sec.gov/​rules/​delist.shtml). Comments are also available for public inspection and copying in the Commission's Public Reference Room. All comments received will be posted without change; we do not edit personal identifying information from submissions. You should submit only information that you wish to make available publicly.

    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.

    Start Signature

    For the Commission, by the Division of Market Regulation, pursuant to delegated authority.[5]

    Nancy M. Morris,

    Secretary.

    End Signature End Preamble

    Footnotes

    [FR Doc. E6-3266 Filed 3-7-06; 8:45 am]

    BILLING CODE 8010-01-P

Document Information

Published:
03/08/2006
Department:
Securities and Exchange Commission
Entry Type:
Notice
Document Number:
E6-3266
Pages:
11690-11691 (2 pages)
Docket Numbers:
File No. 1-13810
EOCitation:
of 2006-03-02
PDF File:
e6-3266.pdf