0000876661-14-000597.txt : 20141126
0000876661-14-000597.hdr.sgml : 20141126
20141126094616
ACCESSION NUMBER: 0000876661-14-000597
CONFORMED SUBMISSION TYPE: 25-NSE
PUBLIC DOCUMENT COUNT: 2
FILED AS OF DATE: 20141126
DATE AS OF CHANGE: 20141126
EFFECTIVENESS DATE: 20141126
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: Cal Dive International, Inc.
CENTRAL INDEX KEY: 0001364100
STANDARD INDUSTRIAL CLASSIFICATION: OIL, GAS FIELD SERVICES, NBC [1389]
IRS NUMBER: 611500501
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 25-NSE
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33206
FILM NUMBER: 141251745
BUSINESS ADDRESS:
STREET 1: 2500 CITYWEST BOULEVARD
STREET 2: SUITE 2200
CITY: HOUSTON
STATE: TX
ZIP: 77042
BUSINESS PHONE: 713-361-2600
MAIL ADDRESS:
STREET 1: 2500 CITYWEST BOULEVARD
STREET 2: SUITE 2200
CITY: HOUSTON
STATE: TX
ZIP: 77042
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
1364100
Cal Dive International, Inc.
001-33206
2500 CityWest Blvd.
Suite 2200
Houston
TX
TEXAS
77042
(713) 361-2600
Common Stock
17 CFR 240.12d2-2(b)
Paras Madho
Director
2014-11-26
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 ('SEC') of its intention to remove the entire class of common stock (the 'Common Stock') of Cal Dive International, Inc. (the 'Company') from listing and registration on the Exchange at the opening of business on December 8, 2014, 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. NYSE Regulation reached its decision to delist the Common Stock pursuant to Section 802.01D of the Listed Company Manual (the 'Manual') and the 'abnormally low' trading price of the Common Stock. In addition, the Company previously fell below the NYSEs 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 802.01D of the Manual states that the Exchange would normally give consideration to suspending or removing from the list a security of a company when it has an abnormally low selling price or volume of trading.
2. NYSE Regulation, on October 29, 2014, determined that the Common Stock of the Company should be suspended immediately 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 by letter on October 29, 2014.
3. Pursuant to the above authorization, a press release was issued on October 29, 2014 and an announcement was made on the 'ticker' of the Exchange immediately and at the close of the trading session on October 29, 2014 of the suspension of trading in the Common Stock. Similar information was included on the Exchanges website.
4. The Company had a right to appeal to the Committee for Review (the 'Committee') of the Board of Directors of NYSE Regulation the determination to delist the 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 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.