Applications, hearings, determinations, etc.: Striker Industries, Inc.,

[Federal Register: July 7, 1998 (Volume 63, Number 129)]

[Notices]

[Page 36725]

From the Federal Register Online via GPO Access [wais.access.gpo.gov]

[DOCID:fr07jy98-118]

SECURITIES AND EXCHANGE COMMISSION

Issuer Delisting; Notice of Application To Withdraw From Listing and Registration; (Striker Industries, Inc., Common Stock, $.50 Par Value) File No. 1-13118

June 30, 1998.

Striker Industries, Inc. (``Company'') has filedan 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 Boston Stock Exchange, Inc. (``BSE'' or ``Exchange'').

The reasons cited in the application for withdrawing the Security from listing and registration include the following:

The Company is not at present in compliance with the minimum shareholders' equity maintenance requirement mandated by the Rules of the Exchange for continued listing of the Company's Security on the Exchange.

The Company discussed the shareholders' equity maintenance requirement with the Listing Manager at the BSE and received an extension of time within which to attempt to comply with the requirement, but was unable to do so within the time frame of the extension. The Company subsequently filedwith the Exchange for voluntary withdrawal and delisting, requesting a no objection letter from the Exchange. Consequently, so far as is known to the Company, it has complied with the Rules of the Exchange governing the delisting of securities.

The Company notified the Exchange on June 15, 1998, that it was requesting the withdrawal and delisting of its Security from the Exchange, and, in a letter dated June 16, 1998, the Exchange raised no objection to such withdrawal and delisting.

The Company's Security also trades on the NASDAQ SmallCap Market.

Any interested person may, on or before July 22, 1998, submit by letter to the Security 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. 98-17928Filed7-6-98; 8:45 am]

BILLING CODE 8010-01-M