0000876661-14-000331.txt : 20140626
0000876661-14-000331.hdr.sgml : 20140626
20140623154904
ACCESSION NUMBER: 0000876661-14-000331
CONFORMED SUBMISSION TYPE: 25-NSE
PUBLIC DOCUMENT COUNT: 2
FILED AS OF DATE: 20140623
DATE AS OF CHANGE: 20140623
EFFECTIVENESS DATE: 20140623
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: GSE Holding, Inc.
CENTRAL INDEX KEY: 0001275712
STANDARD INDUSTRIAL CLASSIFICATION: UNSUPPORTED PLASTICS FILM & SHEET [3081]
IRS NUMBER: 770619069
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 25-NSE
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35382
FILM NUMBER: 14935160
BUSINESS ADDRESS:
STREET 1: 10 SOUTH WACKER DR.
STREET 2: SUITE 3175
CITY: CHICAGO
STATE: IL
ZIP: 60606
BUSINESS PHONE: 281-443-8564
MAIL ADDRESS:
STREET 1: 19103 GUNDLE ROAD
CITY: HOUSTON
STATE: TX
ZIP: 77073
FORMER COMPANY:
FORMER CONFORMED NAME: GEO HOLDINGS CORP
DATE OF NAME CHANGE: 20040108
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
1275712
GSE Holding, Inc.
001-35382
19103 Gundle Road
Houston
TX
TEXAS
77073
(281) 443-8564
Common Stock
17 CFR 240.12d2-2(b)
Michele Lee
Manager
2014-06-23
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 GSE Holding, Inc., (the 'Company') from listing and registration on the Exchange at the opening of business on July 7, 2014, pursuant to the provisions of Rule 12d2-2 (b), because, the Company has fallen below compliance with the requirement of Section 802.01B of the NYSE Listed Company Manual (the 'Manual') that listed companies must maintain an average global market capitalization over a consecutive 30 trading day period of not less than $15,000,000.
In addition, the Company had previously fallen below the NYSE's continued listing standard in Section 802.01B of the Manual which requires the Company to maintain either (i) an average global market capitalization over a consecutive 30 trading day period of not less than $50,000,000 or (ii) stockholders' equity of not less than $50,000,000. Furthermore, the Company is also below the NYSE's continued listing standard in Section 802.01C of the Manual requiring listed companies to maintain an average closing price per share of not less than $1.00 over a consecutive 30 trading day period.
1. Section 802.01B of the Manual states, in part, that the Exchange will promptly delist a security of either a domestic or non-U.S. issuer when: the issuer's average global market capitalization over a consecutive 30 trading-day period falls below $15,000,000.
2. The Exchange, on February 27, 2014, determined that the Company's Common Stock should be suspended from trading before the opening of the trading session on March 5, 2014, 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 verbally on February 26, 2014 and by letter on February 28, 2014.
3. Pursuant to the above authorization, a press release was issued on February 27, 2014, and an announcement was made on the 'ticker' of the Exchange at the close of the trading session on February 27, 2014 and other various dates 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 March 5, 2014.
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. Consequently, all conditions precedent under SEC Rule 12d2-2(b) to the filing of this application have been satisfied.