[Federal Register Volume 65, Number 53 (Friday, March 17, 2000)]
[Notices]
[Page 14637]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-6665]


-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION

[File No. 1-10869]


Issuer Delisting; Notice of Application To Withdraw From Listing 
and Registration; (Unique Mobility, Inc., Common Stock, $.01 Par Value)

March 9, 2000.
    Unique Mobility, 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'') \1\ and 
Rule 12d2-2(d) \2\ promulgated thereunder, to withdraw the security 
described above (``Security'') from listing and registration on the 
Boston Stock Exchange, Incorporated (``BSE'' or ``Exchange'').
---------------------------------------------------------------------------

    \1\ 15 U.S.C. 78l(d).
    \2\ 17 CFR 240.12d2-2(d)
---------------------------------------------------------------------------

    In its application the Company stated that the Security, in 
addition to being listed on the BSE, has been listed and trades on the 
American Stock Exchange LLC (``Amex'') and other stock exchanges. The 
Security has traded simultaneously on the BSE and the Amex since July 
13, 1994.
    In making the determination to withdraw its Security from listing 
and registration on the BSE, the Company considered the direct and 
indirect costs and expenses arising from maintaining listings for its 
Security on the BSE and Amex simultaneously. In view of the fact that 
most of the trading in the Security occurs on the Amex, the Company 
feels that the expenses associated with maintaining its listing on the 
BSE are justifiable, and that such listing has not appreciably enhanced 
the trading market for the Security.
    The Company has stated that it has complied with the rules of the 
BSE governing the withdrawal of its Security from listing and 
registration on the Exchange, and that the Exchange has in turn 
indicated that it will not oppose such withdrawal.
    The Company's application relates solely to the withdrawal of the 
Security from listing and registration on the BSE and shall have no 
effect upon its continued listing and registration on the Amex or any 
other national securities exchange on which it is currently listed and 
registered. By reason of Section 12(b) \3\ of the Act and the rules and 
regulations of the Commission thereunder, the Company shall continue to 
be obligated to file periodic and other reports required by Section 13 
\4\ of the Act with the Commission.
---------------------------------------------------------------------------

    \3\ 15 U.S.C. 78l(b).
    \4\ 15 U.S.C. 78m.
---------------------------------------------------------------------------

    Any interested person may, on or before March 30, 2000, 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 BSE 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.\5\
---------------------------------------------------------------------------

    \5\ 17 CFR 200.30-3(a)(1)
---------------------------------------------------------------------------

Jonathan G. Katz,
Secretary.
[FR Doc. 00-6665 Filed 3-16-00; 8:45 am]
BILLING CODE 8010-01-M