[Federal Register Volume 62, Number 204 (Wednesday, October 22, 1997)]
[Notices]
[Pages 54885-54886]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-27901]


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SECURITIES AND EXCHANGE COMMISSION


Applications, Hearings, Determinations, Etc. Tivoli Industries, 
Inc.

October 16, 1997.
    Issuer Delisting; Notice of Application to Withdraw from Listing 
and

[[Page 54886]]

Registration; (Tivoli Industries, Inc., Common Stock, $.001 Par Value; 
Redeemable Class A Warrants to Purchase $.001 Par Value Common Stock, 
expiring Sept. 21, 1997; Redeemable Class B Warrants to Purchase $.001 
Par Value Common Stock, expiring Sept. 21, 1997) File No. 1-13338.
    Tivoli Industries, 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 Boston 
Stock Exchange, Inc. (``BSE'' or ``Exchange'').
    The reasons cited in the application for withdrawing the Securities 
from listing and registration include the following:
    The Company's Securities have been listed for trading on both the 
BSE and Nasdaq Small Cap Stock Market since September 21, 1994.
    The Company has complied with the rules of BSE by setting forth in 
detail to such Exchange the reasons for such proposed withdrawal, and 
the facts in support thereof. In making the decision to withdraw its 
Securities from listing on the BSE, the Company considered the direct 
and indirect costs and expenses attendant on maintaining the dual 
listing of its Securities on the NASDAQ SmallCap Stock Market and the 
BSE. The Company does not see any particular advantage in the dual 
trading of its Securities and believes that dual listing would fragment 
the market for its securities.
    By letter dated September 23, 1997, the BSE has informed the 
Company that it has no objection to the withdrawal of the Company's 
Securities from listing on the BSE.
    Any interested person may, on or before November 6, 1997, 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 
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. 97-27901 Filed 10-21-97; 8:45 am]
BILLING CODE 8010-01-M