[Federal Register Volume 63, Number 87 (Wednesday, May 6, 1998)] [Notices] [Page 25129] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 98-11988] ======================================================================= ----------------------------------------------------------------------- SECURITIES AND EXCHANGE COMMISSION Issuer Delisting; Notice of Application to Withdraw from Listing and Registration; (Oryx Technology Corp., Common Stock, $0.001 Par Value; Common Stock Warrants) File No. 1-12680 April 30, 1998. Oryx Technology Corp. (``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 Pacific Exchange, Inc. (``PCX'' 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 Exchange and, pursuant to a Registration Statement of Form 8-A, effective on April 5, 1994, the National Association of Securities Dealers Automated Quotation System (``NASDAQ''). Trading in the Company's Securities on the NASDAQ commenced at the opening of business on April 6, 1994, and concurrently therewith on the PCX. The Company has complied with Exchange Rule 3.4(b) by filing with the Exchange a certified copy of the resolutions adopted by the Company's Board of Directors authorizing the withdrawal of the Securities from listing and registration on the PCX and by setting forth in detail to the Exchange the reasons for and facts supporting the proposed delisting. In deciding to withdraw its Securities from listing and registration of the PCX, the Company considered the direct and indirect costs and expenses attendant on maintaining the dual listing of its Securities on the NASDAQ and the PCX. The Company does not see any particular advantage in the dual trading of its Securities and believes that dual listing will fragment the market for its Securities. By letter, the Exchange informed the Company that it has no objection to the withdrawal of the Company's Securities from listing and registration on the PCX. By reason of Section 12 of the Act and the rules and regulations 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 21, 1998, submit by letter to the Secretary of the Securities and Exchange Commission, 450 Fifth Street, N.W., Washington, D.C. 20549, 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. 98-11988 Filed 5-5-98; 8:45 am] BILLING CODE 8010-01-M