0000876661-12-000615.txt : 20121003
0000876661-12-000615.hdr.sgml : 20121003
20121003143642
ACCESSION NUMBER: 0000876661-12-000615
CONFORMED SUBMISSION TYPE: 25-NSE
PUBLIC DOCUMENT COUNT: 2
FILED AS OF DATE: 20121003
DATE AS OF CHANGE: 20121003
EFFECTIVENESS DATE: 20121003
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: Digital Domain Media Group, Inc.
CENTRAL INDEX KEY: 0001490930
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MOTION PICTURE & VIDEO TAPE PRODUCTION [7812]
IRS NUMBER: 270449505
STATE OF INCORPORATION: FL
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 25-NSE
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35325
FILM NUMBER: 121126273
BUSINESS ADDRESS:
STREET 1: 10250 SW VILLAGE PARKWAY
CITY: PORT ST. LUCIE
STATE: FL
ZIP: 34987
BUSINESS PHONE: 772-345-8000
MAIL ADDRESS:
STREET 1: 10250 SW VILLAGE PARKWAY
CITY: PORT ST. LUCIE
STATE: FL
ZIP: 34987
FORMER COMPANY:
FORMER CONFORMED NAME: Digital Domain Media Group
DATE OF NAME CHANGE: 20110510
FORMER COMPANY:
FORMER CONFORMED NAME: Digital Domain Holdings Corp
DATE OF NAME CHANGE: 20100503
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
1490930
Digital Domain Media Group, Inc.
001-35325
Digital Domain Media Group
10250 SW Village Parkway
Port Saint Lucie
FL
FLORIDA
34987
(772) 345-8000
Common Stock, $0.01 par value
17 CFR 240.12d2-2(b)
Paras Madho
Director
2012-10-03
EX-99.25
2
ruleprovisionnotice.htm
NOTIFICATION OF THE REMOVAL FROM LISTING AND REGISTRATION OF THE STATED SECURITIES
New York Stock Exchange LLC (the 'Exchange' or the 'NYSE') hereby notifies the Securities and Exchange Commission (the 'Commission') of its intention to remove the entire class of Common Stock of Digital Domain Media Group, Inc., (the 'Company') from listing and registration on the Exchange at the opening of business on October 15, 2012, 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. This decision was reached in view of the Company's September 11, 2012 announcement that it filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware in Wilmington and is also seeking ancillary relief in Canada, pursuant to the Companies' Creditors Arrangement Act in the Supreme Court of British Columbia, Vancouver Registry. NYSE Regulation noted the uncertainty as to the timing and outcome of the bankruptcy process, as well as the ultimate effect of this process on the Company's common stockholders.
1. The Exchange's Listed Company Manual (the 'LCM'), subsection 802.01D (Bankruptcy and/or Liquidation), states that the Exchange would normally give consideration to suspending or removing from the list a security of a company when an 'intent to file under any of the sections of the bankruptcy law has been announced or a filing has been made or liquidation has been authorized and the company is committed to proceed.'
2. The Exchange, on September 11, 2012, determined that the Common Stock should be suspended from trading before the opening of the trading session on September 11, 2012, 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 Exchange. The Company was notified by letter on September 11, 2012.
3. Pursuant to the above authorization, a press release was issued on September 11, 2012, and an announcement was made on the 'ticker' of the Exchange at the open and the close of the trading session on September 11, 2012 of the proposed suspension of trading in the Common Stock. Similar information was included on the Exchange's website. Trading in the Common Stock on the Exchange was suspended before the opening of the trading session on September 11, 2012.
4. The Company had a right to appeal to the Committee for Review of the Board of Directors of NYSE Regulation the determination to delist its Common Stock, provided that it filed a written request for such a review with the Secretary of the Exchange within ten business days of receiving notice of delisting determination. The Company did not file such request within the specified time period.
Accordingly, the Exchange, having complied with all of its procedures, is authorized to file this application in accordance with Section 12 of the Securities Exchange Act of 1934 and the rules promulgated thereunder.