[Federal Register Volume 65, Number 164 (Wednesday, August 23, 2000)]
[Notices]
[Page 51372]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-21519]


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

SECURITIES AND EXCHANGE COMMISSION


Issuer Delisting; Notice of Application To Withdraw From Listing 
and Registration; (White Electronic Designs Corporation, Common Stock, 
$.10 Par Value) File No. 1-04817

August 17, 2000.
    White Electronic Designs Corporation, an Indiana 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'') \1\ and Rule 12d2-2(d) 
thereunder,\2\ to withdraw its Common Stock, $.10 par value 
(``Security''), from listing and registration on the American Stock 
Exchange LLC (``Amex'').
---------------------------------------------------------------------------

    \1\ 15 U.S.C. 78l(d).
    \2\ 17 CFR 200.12d2-2(d).
---------------------------------------------------------------------------

    The Company has effected a new listing for its Security on the 
National Market of the Nasdaq Stock Market, Inc. (``Nasdaq''). On June 
7, 2000, the Company filed a Registration Statement on Form 8-A with 
the Commission in conjunction with the new Nasdaq listing. Trading in 
the Security on the Nasdaq commenced, and was concurrently suspended on 
the Amex, at the opening of business on June 7, 2000. The Company 
believes that the Nasdaq is the preferred marketplace for the 
securities of technology companies and that the Company's Security will 
enjoy better exposure on the Nasdaq than it has on the Amex.
    On May 18, 2000, the Company's board of directors approved 
resolutions authorizing the Security's new Nasdaq listing and 
withdrawal from listing and registration on the Amex. The Amex has in 
turn advised the Company that its application for such withdrawal has 
been made in accordance with the rules of the Amex and that the Amex 
has no objection to such withdrawal, pending approval of the Company's 
application by the Commission. In the light of its new listing on the 
Nasdaq, the Amex has not required the Company to notify its 
shareholders of its intention to withdraw the Security from listing and 
registration on the Amex.
    The Company's application relates solely to the withdrawal of the 
Security from listing and registration on the Amex and shall have no 
effect upon the Security's continued listing on the Nasdaq and 
registration under section 12(g) of the Act.\3\
---------------------------------------------------------------------------

    \3\ 15 U.S.C. 78l(g).
---------------------------------------------------------------------------

    Any interested person may, on or before September 8, 2000, submit 
by letter to the Secretary of the Securities and Exchange Commission, 
450 Fifth Street, NW., Washington, DC 20549-0609, facts bearing upon 
whether the application has been made in accordance with the rules of 
the Amex 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.\4\
---------------------------------------------------------------------------

    \4\ 17 CFR 200.30-3(a)(1).
---------------------------------------------------------------------------

Jonathan G. Katz,
Secretary.
[FR Doc. 00-21519 Filed 8-22-00; 8:45 am]
BILLING CODE 8010-01-M