[Federal Register Volume 64, Number 72 (Thursday, April 15, 1999)]
[Notices]
[Page 18645]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-9443]


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SECURITIES AND EXCHANGE COMMISSION


Issuer Delisting; Notice of Application to Withdraw from Listing 
and Registration; (The InterCept Group, Inc., Common Stock, No Par 
Value Per Share) File No. 1-14213

April 9, 1999.
    The InterCept Group, 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 security 
specified above (``Security'') from listing and registration on the 
American Stock Exchange LLC (``Amex'' or ``Exchange'').
    The Security has been listed for trading on the Amex since the 
Company's initial public offering (``IPO'') on June 9, 1998. On March 
22, 1999, the Security was approved for listing on the Nasdaq National 
Market (``Nasdaq'') and subsequently began trading there on March 30, 
1999.
    The Company, whose primary business relates to technology, has 
believed since its IPO that the Nasdaq would be the preferred 
marketplace for its securities and that quotation on the Nasdaq would 
provide enhanced liquidity for the Company's shareholders. At the time 
of its IPO, however, the Company did not qualify for listing on the 
Nasdaq.
    Upon meeting the criteria for listing on the Nasdaq, the Company 
determined that, acting according to what it perceived as the best 
interests of its shareholders, it would proceed with listing the 
Security on the Nasdaq and concomitantly make its application to 
withdraw the Security from listing on the Amex.
    The Company has complied with the rules of the Amex by filing with 
the Exchange a certified copy of the resolutions adopted by the Board 
of Directors of the Company authorizing the withdrawal of the Security 
from listing on the Amex and by setting forth in detail to the Exchange 
the reasons for such proposed withdrawal, and the facts in support 
thereof.
    The Amex has informed the Company of its determination not to 
interpose any objection to the Company's application to withdraw its 
Security from listing and registration on the Exchange.
    The Company's application relates solely to the withdrawal from 
listing to the Company's Security on the Amex and shall have no effect 
upon the continued listing of the Security on the Nasdaq. 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 May 3, 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.
Jonathan G. Katz,
Secretary.
[FR Doc. 99-9443 Filed 4-14-99; 8:45 am]
BILLING CODE 8010-01-M