[Federal Register Volume 64, Number 66 (Wednesday, April 7, 1999)]
[Notices]
[Page 17042]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-8516]


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SECURITIES AND EXCHANGE COMMISSION


Issuer Delisting; Notice of Application To Withdraw From Listing 
and Registration; (K2 Design,Inc., Common Stock, $.01 Par Value, and 
Redeemable Common Stock Purchase Warrants) File No. 1-11873

March 31, 1999.
    K2 Design, 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 Securities of the Company have been listed for trading on the 
BSE and the Nasdaq SmallCap Market since July 26, 1996, pursuant to a 
Registration Statement on Form SB-2 which became effective on said 
date.
    The Company has complied with the rules of the BSE by filing with 
the Exchange a certified copy of the resolutions adopted by the 
Company's Board of Directors authorizing the withdrawal of its 
Securities from listing on the BSE and by setting forth in detail to 
the Exchange the reasons for the 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 of maintaining dual listings of its Securities on the BSE and the 
Nasdaq SmallCap Market. The Company does not see any particular 
advantage in the dual trading of its Securities and believes that the 
dual listing, if continued, would fragment the market for its 
Securities.
    The BSE has informed the Company that it has no objection to the 
Company's application to withdraw its Securities from listing on the 
Exchange.
    The Company's application relates solely to the withdrawal from 
listing of its Securities from the BSE and shall have no effect upon 
the continued listing of the Securities on the Nasdaq SmallCap Market. 
By reason of Section 12(g) of the Act and the rules and regulations of 
the Commission thereunder, the Company shall continue to be obligated 
to file reports under Section 13 of the Act with the Commission.
    Any interested person may, on or before April 21, 1999, submit by 
letter to the Secretary of the Securities and Exchange Commission, 450 
Fifth Street, N.W., Washington, D.C. 20549-0609, 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.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 99-8516 Filed 4-6-99; 8:45 am]
BILLING CODE 8010-01-M