[Federal Register Volume 64, Number 98 (Friday, May 21, 1999)]
[Notices]
[Page 27836]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-12813]



[[Page 27836]]

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SECURITIES AND EXCHANGE COMMISSION

[File No. 1-12242]


Issuer Delisting; Notice of Application To Withdraw From Listing 
and Registration; (CareMatrix Corporation, Common Stock, $.05 Par Value 
Per Share)

May 14, 1999.
    CareMatrix Corporation (``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 reasons cited in the application for withdrawing the Security 
from listing and registration on the Amex include the following:
    The Security of the Company has been listed for trading on the Amex 
and, pursuant to a Registration Statement on Form 8-A which became 
effective on April 23, 1999, has been designated for quotation on the 
Nasdaq Stock Market (``Nasdaq''). The Security commenced trading on the 
Nasdaq at the opening of business on April 23, 1999.
    The Company has compiled with the rules of the Amex by filing the 
Exchange a certified copy of the resolutions adopted by the Company's 
Board of Directors authorizing the withdrawal of its Security from 
listing on the Amex 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 Security from listing on the 
Amex, the Company considered, among other things, the direct and 
indirect costs of operating in dual markets and the associated concerns 
resulting from a fractured trading market for its Security. The Amex 
has informed the Company that it has no objection to the withdrawal of 
the Company's Security from listing on the Exchange.
    The Company's application relates solely to the withdrawal from 
listing of 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 June 4, 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. 99-12813 Filed 5-20-99; 8:45 am]
BILLING CODE 8010-01-M