The decision of the Company's Board of Directors to delist and deregister
the Common Stock was based on consideration of a number of factors, including (1) the costs and administrative burdens of preparing and filing periodic reports with the SEC, (2) the demands placed on management and the Company to comply with registration requirements, and (3) the low trading volume of the Company's stock.
Pulse Electronics' board of directors said it decided to delist and deregister
because the savings that will benefit the company and its shareholders outweigh the advantages of continuing as a NYSE listed and SEC reporting company.
Our main trouble really is with the DGCA, which should deregister
the aircraft," Carsten Gerlach, senior vice president of aviation finance at DVB, was quoted as saying by Reuters.
Meanwhile, ILFC has also asked the DGCA to deregister
four Kingfisher-operated planes, but it faces separate obstacles.
If the application to deregister
is successful, the land contained within the application will no longer be classed as a village green.
The company is eligible to delist and deregister
because it had fewer than 300 holders of record of its common stock at the beginning of its fiscal year.
s decision to deregister
its stock also led to a books-and-records claim in Delaware.
OB) announced today that, pursuant to the provisions of the Jumpstart Business Startups Act (the "JOBS Act"), the Board of Directors of the Company voted to deregister
the Company's common stock under the Securities Exchange Act of 1934 (the "Exchange Act").
Upon receipt of the Notice of No Objection, an application will be filed with the Registrar of Companies to deregister
iDirect HK from the Companies Registry pursuant to Chapter 32 of the Companies Ordinance.
As previously announced, the Company, as a cost-saving matter, intends to delist its common stock from AMEX and deregister
its common stock under the Securities Exchange Act of 1934.
Pacific Internet also intends to file a Form 15 with the SEC to voluntarily deregister
its ordinary shares.
a Beverly Hills-based real estate investment and services firm, announced Monday that it intended to deregister
its common stock.