0000876661-22-000472.txt : 20220603
0000876661-22-000472.hdr.sgml : 20220603
20220603135736
ACCESSION NUMBER: 0000876661-22-000472
CONFORMED SUBMISSION TYPE: 25-NSE
PUBLIC DOCUMENT COUNT: 2
FILED AS OF DATE: 20220603
DATE AS OF CHANGE: 20220603
EFFECTIVENESS DATE: 20220603
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: ION GEOPHYSICAL CORP
CENTRAL INDEX KEY: 0000866609
STANDARD INDUSTRIAL CLASSIFICATION: OIL AND GAS FIELD EXPLORATION SERVICES [1382]
IRS NUMBER: 222286646
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 25-NSE
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-12691
FILM NUMBER: 22993708
BUSINESS ADDRESS:
STREET 1: 4203 YOAKUM BLVD
STREET 2: SUITE 100
CITY: HOUSTON
STATE: TX
ZIP: 77006
BUSINESS PHONE: 2819333339
MAIL ADDRESS:
STREET 1: 4203 YOAKUM BLVD
STREET 2: SUITE 100
CITY: HOUSTON
STATE: TX
ZIP: 77006
FORMER COMPANY:
FORMER CONFORMED NAME: INPUT OUTPUT INC
DATE OF NAME CHANGE: 19930328
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: NEW YORK STOCK EXCHANGE LLC
CENTRAL INDEX KEY: 0000876661
IRS NUMBER: 000000000
STATE OF INCORPORATION: NY
FILING VALUES:
FORM TYPE: 25-NSE
BUSINESS ADDRESS:
STREET 1: 11 WALL STREET
CITY: NEW YORK
STATE: NY
ZIP: 10005
BUSINESS PHONE: 212-656-2060
MAIL ADDRESS:
STREET 1: 11 WALL STREET
CITY: NEW YORK
STATE: NY
ZIP: 10005
FORMER COMPANY:
FORMER CONFORMED NAME: NEW YORK STOCK EXCHANGE INC
DATE OF NAME CHANGE: 19910628
25-NSE
1
primary_doc.xml
X0203
0000876661
NEW YORK STOCK EXCHANGE LLC
0000866609
ION GEOPHYSICAL CORP
001-12691
4203 Yoakum Boulevard Suite 100
Houston
TX
TEXAS
77006
(281) 933-3339
Common Stock
17 CFR 240.12d2-2(b)
Christopher Rances
Senior Analyst, Market Watch and Proxy Compliance
2022-06-03
EX-99.25
2
ruleprovisionnotice.htm
NOTIFICATION OF THE REMOVAL FROM LISTING AND REGISTRATION OF THE STATED COMMON STOCK
The New York Stock Exchange ("NYSE" or the "Exchange") hereby notifies the Securities and Exchange Commission (the "Commission") of its intention to remove the entire class of Common Stock (the "Common Stock") of ION Geophysical Corporation (the "Company") from listing and registration on the Exchange on June 14, 2022, 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 NYSE.
The Exchange reached its decision pursuant to Section 802.01B of the Listed Company Manual because the Company had fallen below the NYSE's continued listing standard requiring listed companies to maintain an average global market capitalization over a consecutive 30 trading day period of at least $15,000,000.
On May 18, 2022, the Exchange determined that the Common Stock of the Company should be suspended from trading and directed the preparation and filing with the Commission of this application for the removal of the Common Stock from listing and registration on the NYSE. The Company was notified by phone and letter on May 18, 2022.
Pursuant to the above authorization, a press release regarding the proposed delisting was issued and posted on the Exchange's website on May 18, 2022. Trading in the Common Stock was suspended at the close of the market on May 18, 2022.
The Company had a right to appeal to a Committee of the Board of Directors of the Exchange (the "Committee") the determination to delist the Common Stock, provided it filed a written request for such a review with the Secretary of the Exchange within ten business days of receiving notice of the delisting determination. The Company did not file such request within the specified time period. Consequently, all conditions precedent under SEC Rule 12d2-2(b) to the filing of this application have been satisfied.