[Federal Register Volume 59, Number 216 (Wednesday, November 9, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-27695]


[[Page Unknown]]

[Federal Register: November 9, 1994]


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SECURITIES AND EXCHANGE COMMISSION
 

Issuer Delisting; Notice of Application to Withdraw From Listing 
and Registration; (Action Performance Companies, Inc., Common Stock, 
$0.01 Par Value and Warrants Expiring April 27, 1998) File No. 1-11866

November 3, 1994.
    Action Performance Companies, 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 (``Securities'') from listing 
and registration on the Pacific Stock Exchange, Inc. (``PSE'').
    The reasons alleged in the application for withdrawing the 
Securities from listing and registration include the following:
    According to the Company, the Securities have been listed and 
traded on both the Exchange and the NASDAQ National Market System 
(NASDAQ/NMS) since the Company's April 1993 initial public offering of 
the Securities. Since April, 1993, the primary trading market for the 
Securities has developed on the NASDAQ/NMS. As a result, the officers 
and directors of the Company have determined that there is not 
sufficient trading volume on the Exchange to warrant the expenses 
involved with continued listing on both the Exchange and NASDAQ/NMS. 
The Company also find that multiple listing results in an unnecessarily 
burdensome duplication of filing documents with both the Exchange and 
NASDAQ whenever the Company makes any filing with the Commission.
    Any interested person may, on or before November 25, 1994 submit by 
letter to the Secretary of the Securities and Exchange Commission, 450 
Fifth Street, N.W., Washington, D.C. 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. 94-27695 Filed 11-8-94; 8:45 am]
BILLING CODE 8010-01-M