0001143313-17-000045.txt : 20171106
0001143313-17-000045.hdr.sgml : 20171106
20171106142949
ACCESSION NUMBER: 0001143313-17-000045
CONFORMED SUBMISSION TYPE: 25-NSE
PUBLIC DOCUMENT COUNT: 2
FILED AS OF DATE: 20171106
DATE AS OF CHANGE: 20171106
EFFECTIVENESS DATE: 20171106
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: VERSAR INC
CENTRAL INDEX KEY: 0000803647
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-ENGINEERING SERVICES [8711]
IRS NUMBER: 540852979
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0630
FILING VALUES:
FORM TYPE: 25-NSE
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-09309
FILM NUMBER: 171179158
BUSINESS ADDRESS:
STREET 1: 6850 VERSAR CENTER
CITY: SPRINGFIELD
STATE: VA
ZIP: 22151
BUSINESS PHONE: 7037503000
MAIL ADDRESS:
STREET 1: 6850 VERSAR CENTER
CITY: SPRINGFIELD
STATE: VA
ZIP: 22151
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: NYSE AMERICAN LLC
CENTRAL INDEX KEY: 0001143313
IRS NUMBER: 522127241
FILING VALUES:
FORM TYPE: 25-NSE
BUSINESS ADDRESS:
STREET 1: 11 Wall Street
CITY: New York
STATE: NY
ZIP: 10005
BUSINESS PHONE: 212-656-5414
MAIL ADDRESS:
STREET 1: 11 Wall Street
CITY: New York
STATE: NY
ZIP: 10005
FORMER COMPANY:
FORMER CONFORMED NAME: NYSE MKT LLC
DATE OF NAME CHANGE: 20120514
FORMER COMPANY:
FORMER CONFORMED NAME: NYSE Amex
DATE OF NAME CHANGE: 20090402
FORMER COMPANY:
FORMER CONFORMED NAME: NYSE Alternext US LLC
DATE OF NAME CHANGE: 20081009
25-NSE
1
primary_doc.xml
X0203
0001143313
NYSE AMERICAN LLC
803647
VERSAR INC
001-09309
6850 Versar Ctr
P.O. Box 1549
Springfield
VA
VIRGINIA
22151-4196
703-750-3000
Common Stock
17 CFR 240.12d2-2(b)
Victoria Paper
Senior Analyst
2017-11-06
EX-99.25
2
ruleprovisionnotice.htm
NOTIFICATION OF THE REMOVAL FROM LISTING AND REGISTRATION OF THE STATED SECURITIES
NYSE AMERICAN LLC (the 'Exchange' or 'NYSE American') hereby notifies the Securities and Exchange Commission ('SEC') of its intention to remove the entire class of common stock (the 'Common Stock') of Versar, Inc. (the 'Company') from listing and registration on the Exchange on November 17, 2017 pursuant to the provisions of Rule 12d2-2(b), because, in the opinion of the Exchange, the Common Stock is no longer suitable for continued listing and trading on the Exchange.
The Exchange reached its decision to initiate delisting proceedings pursuant to Section 1009 of the NYSE American Company Guide, which applies when a company cannot demonstrate an ability to return to compliance within 18 months of notice from the Exchange that it is not in compliance with one of the Exchange's continued listing rules. The Company was below compliance with the $2 million stockholders' equity requirement of Section 1003(a)(i).
On September 25, 2017, NYSE Regulation determined that the Common Stock of the Company should be suspended from trading, and directed the preparation and filing with the SEC of this application for the removal of the Common Stock from listing and registration on the Exchange. The Company was notified by phone and letter on September 25, 2017.
Pursuant to the above authorization, a press release regarding the proposed delisting was issued and posted on the Exchange's website on September 25, 2017. Trading in the Common Stock was suspended on September 25, 2017.
The Company had a right to appeal the determination to delist the Common Stock by a Committee of the Board of Directors of the Exchange, provided that it filed a written request for such a review with the Secretary of the Exchange within seven calendar days of receiving notice of the delisting determination. On September 26, 2017, the Company filed such request with the Exchange. Subsequently, on November 3, 2017, the Company withdrew its intent to appeal the delisting determination. Consequently, all conditions precedent under SEC Rule 12d2-2(b) to the filing of this application have been satisfied.