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If a firm fails to meet the listing requirements of its respective stock exchange, the stock exchange will effectively "involuntary delist" the firm by filing Form 25-NSE, thereby delisting the firm without its official consent.
Of the 54, 20 applied for delisting and the rest failed to remain listed due to insolvency or other reasons.
The FWS says pre-existing state and federal laws will protect eagles even after delisting.
Since the December report, the Committee has examined the nationality and market valuations of the delisting companies and found that delisting companies were overwhelmingly from Western Europe.
As of Friday, 162 or 80% of the 193 firms that delisted or applied for delisting since April did so because their shares are traded on multiple exchanges, while the remainder were due to such reasons as bankruptcies and failure to meet listing standards.
NOT DELISTED: Sound Source Interactive has requested a temporary exception from delisting before Nasdaq officials as it implements a plan to meet compliance rules for continued trading on the SmallCap Market.
This press release includes forward-looking statements, made pursuant to the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995, regarding the suspension and delisting of Wolverine's common stock from the NYSE and Wolverine's intent to seek quotation of its common stock on the OTC Bulletin Board.
Under TSE rules, delisting is required when more than 80% of a company's shares are owned by the top 10 shareholders or when the number of shareholders is less than 2,000.
Fighting the delisting effort is a coalition of environmental groups that includes the Sierra Club, the Natural Resource Defense Council, the Desert Protection Council, Defenders of Wildlife and the Mountain Lion Foundation.
Following the delisting, Hartford Life intends to deregister the 7.
Glaxo stock will be moved on July 1 to the post for stocks under special supervision for delisting, then to the delisted stocks post on July 8, the TSE said.