Issuer Delisting; Notice of Application of Marine Products Corporation To Withdraw its Common Stock, $.10 Par Value, From Listing and Registration on the American Stock Exchange LLC, 43202 [E5-3972]

Download as PDF 43202 Federal Register / Vol. 70, No. 142 / Tuesday, July 26, 2005 / Notices please use only one method. The Commission will post all comments on the Commission’s Internet Web site (https://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. and provided written notice of withdrawal to Amex. The Issuer’s application relates solely to the withdrawal of the Security from listing on the Amex, and shall not affect its continued listing on the NYSE or its obligation to be registered under Section 12(b) of the Act.3 Any interested person may, on or before August 12, 2005, comment on the facts bearing upon whether the application has been made in accordance with the rules of Amex, 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: For the Commission, by the Division of Market Regulation, pursuant to delegated authority.5 Jonathan G. Katz, Secretary. [FR Doc. E5–3971 Filed 7–25–05; 8:45 am] Electronic Comments BILLING CODE 8010–01–P • Use the Commission’s Internet comment form (https://www.sec.gov/ rules/delist.shtml); or • Send an e-mail to rulecomments@sec.gov. Please include the File Number 1–16263 or; Paper Comments SECURITIES AND EXCHANGE COMMISSION [File No. 1–16263] Issuer Delisting; Notice of Application of Marine Products Corporation To Withdraw its Common Stock, $.10 Par Value, From Listing and Registration on the American Stock Exchange LLC July 20, 2005. On June 21, 2005, Marine Products Corporation, 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, $.10 par value (‘‘Security’’), from listing and registration on the American Stock Exchange LLC (‘‘Amex’’). On April 26, 2005, the Board of Directors (‘‘Board’’) of the Issuer unanimously approved a resolution to withdraw the Security from listing on Amex. The Board stated that the reason for its decision to withdraw the Security from Amex is that the Security will be listed on the New York Stock Exchange (‘‘NYSE’’) and it would not be beneficial to maintain continued listing on Amex. The Issuer stated in its application that it has met the requirements of Amex Rule 18 by complying with all applicable laws in effect in the State of Delaware, in which it is incorporated, • Send paper comments in triplicate to Jonathan G. Katz, Secretary, Securities and Exchange Commission, 100 F Street, NE., Washington, DC 20549–9303. All submissions should refer to File Number 1–16263. 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 (https://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. For the Commission, by the Division of Market Regulation, pursuant to delegated authority.4 Jonathan G. Katz, Secretary. [FR Doc. E5–3972 Filed 7–25–05; 8:45 am] BILLING CODE 8010–01–P CFR 200.30–3(a)(1). 1 15 U.S.C. 78l(d). 2 17 CFR 240.12d2–2(d). 23:45 Jul 25, 2005 Issuer Delisting; Notice of Application of Puradyn Filter Technologies Incorporated to Withdraw Its Common Stock, $.001 Par Value, From Listing and Registration on the American Stock Exchange LLC File No. 1–11991 July 20, 2005. On June 27, 2005, Puradyn Filter Technologies Incorporated, 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 American Stock Exchange LLC (‘‘Amex’’). The Board of Directors (‘‘Board’’) of the Issuer approved a resolution on June 24, 2005 to withdraw the Security from listing on Amex. The Issuer stated that the following reasons factored into the Board’s decision to withdraw the Security: (i) The Issuer will not be able to obtain timely compliance with Amex’s ongoing financial compliance standards; (ii) the ongoing costs of compliance with Amex’s requirements, including provisions of the SarbanesOxley Act of 2002 as they apply to exchange listed companies; and (iii) in order to secure additional capital and maintain compliance with the Amex’s listing criteria, the Issuer would be required to either limit the amount of financing it is undertaking and the participation by management in such financing or to incur additional costs and defer receipt of such financing pending stockholder approval. The Issuer stated in its application that it has met the requirements of Amex Rule 18 by complying with all applicable laws in effect in the state of Delaware, in which it is incorporated, and by providing written notice of withdrawal to Amex. The Issuer’s application relates solely to the withdrawal of the Securities from listing on Amex and from registration under Section 12(b) of the Act 3 shall not affect its obligation to be registered under Section 12(g) of the Act.4 Any interested person may, on or before August 12, 2005, comment on the facts bearing upon whether the application has been made in 1 15 5 17 VerDate jul<14>2003 SECURITIES AND EXCHANGE COMMISSION U.S.C. 78l(d). CFR 240.12d2–2(d). 3 15 U.S.C. 781(b). 4 15 U.S.C. 781(g). 2 17 3 15 4 17 Jkt 205001 PO 00000 U.S.C. 781(b). CFR 200.30–3(a)(1). Frm 00090 Fmt 4703 Sfmt 4703 E:\FR\FM\26JYN1.SGM 26JYN1

Agencies

[Federal Register Volume 70, Number 142 (Tuesday, July 26, 2005)]
[Notices]
[Page 43202]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E5-3972]


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SECURITIES AND EXCHANGE COMMISSION

[File No. 1-16263]


Issuer Delisting; Notice of Application of Marine Products 
Corporation To Withdraw its Common Stock, $.10 Par Value, From Listing 
and Registration on the American Stock Exchange LLC

July 20, 2005.
    On June 21, 2005, Marine Products Corporation, 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, $.10 par value 
(``Security''), from listing and registration on the American Stock 
Exchange LLC (``Amex'').
---------------------------------------------------------------------------

    \1\ 15 U.S.C. 78l(d).
    \2\ 17 CFR 240.12d2-2(d).
---------------------------------------------------------------------------

    On April 26, 2005, the Board of Directors (``Board'') of the Issuer 
unanimously approved a resolution to withdraw the Security from listing 
on Amex. The Board stated that the reason for its decision to withdraw 
the Security from Amex is that the Security will be listed on the New 
York Stock Exchange (``NYSE'') and it would not be beneficial to 
maintain continued listing on Amex.
    The Issuer stated in its application that it has met the 
requirements of Amex Rule 18 by complying with all applicable laws in 
effect in the State of Delaware, in which it is incorporated, and 
provided written notice of withdrawal to Amex.
    The Issuer's application relates solely to the withdrawal of the 
Security from listing on the Amex, and shall not affect its continued 
listing on the NYSE or its obligation to be registered under Section 
12(b) of the Act.\3\
---------------------------------------------------------------------------

    \3\ 15 U.S.C. 781(b).
---------------------------------------------------------------------------

    Any interested person may, on or before August 12, 2005, comment on 
the facts bearing upon whether the application has been made in 
accordance with the rules of Amex, 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

     Use the Commission's Internet comment form (https://
www.sec.gov/rules/delist.shtml); or
     Send an e-mail to rule-comments@sec.gov. Please include 
the File Number 1-16263 or;

Paper Comments

     Send paper comments in triplicate to Jonathan G. Katz, 
Secretary, Securities and Exchange Commission, 100 F Street, NE., 
Washington, DC 20549-9303.
    All submissions should refer to File Number 1-16263. 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 (https://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.

    For the Commission, by the Division of Market Regulation, 
pursuant to delegated authority.\4\
---------------------------------------------------------------------------

    \4\ 17 CFR 200.30-3(a)(1).
---------------------------------------------------------------------------

Jonathan G. Katz,
Secretary.
[FR Doc. E5-3972 Filed 7-25-05; 8:45 am]
BILLING CODE 8010-01-P
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