[Federal Register Volume 59, Number 2 (Tuesday, January 4, 1994)]
[Unknown Section]
[Page 340]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-49]


[[Page Unknown]]

[Federal Register: January 4, 1994]


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SECURITIES AND EXCHANGE COMMISSION
 

Issuer Delisting; Notice of Application To Withdraw From Listing 
and Registration; (Odetics, Inc., Class A Common Stock, $0.10 Par 
Value; Class B Common Stock, $0.10 Par Value) File No. 1-8762

December 28, 1993.
    Odetics, 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 from listing and registration on the American Stock 
Exchange, Inc. (``Amex'').
    The reasons alleged in the application for withdrawing these 
securities from listing and registration include the following:
    According to the Company, its Board of Directors (the ``Board'') 
unanimously approved resolutions on November 18, 1993, to withdraw the 
Company's Class A and Class B Common Stock from listing on the Amex 
and, instead, list such Common Stock on the National Association of 
Securities Dealers Automated Quotations/National Market Systems 
(``NASDAQ/NMS''). According to the Company, the decision of the Board 
followed a lengthy study of the matter, and was based upon the belief 
that listing of the Class A and Class B Common Stock on NASDAQ/NMS will 
be more beneficial to its stockholders than the present listing on the 
Amex because:
    (1) The Company believes that the liquidity may be improved through 
the multiple market maker system; and
    (2) The Company believes that the visibility and possibly research 
coverage may increase with improved liquidity.
    Any interested person may, on or before January 20, 1994, 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 exchanges 
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. 94-49 Filed 1-3-94; 8:45 am]
BILLING CODE 8010-01-M