0000876661-20-000613.txt : 20200804
0000876661-20-000613.hdr.sgml : 20200804
20200804151809
ACCESSION NUMBER: 0000876661-20-000613
CONFORMED SUBMISSION TYPE: 25-NSE
PUBLIC DOCUMENT COUNT: 2
FILED AS OF DATE: 20200804
DATE AS OF CHANGE: 20200804
EFFECTIVENESS DATE: 20200804
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: BRIGGS & STRATTON CORP
CENTRAL INDEX KEY: 0000014195
STANDARD INDUSTRIAL CLASSIFICATION: ENGINES & TURBINES [3510]
IRS NUMBER: 390182330
STATE OF INCORPORATION: WI
FISCAL YEAR END: 0628
FILING VALUES:
FORM TYPE: 25-NSE
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-01370
FILM NUMBER: 201072982
BUSINESS ADDRESS:
STREET 1: 12301 W WIRTH ST
CITY: WAUWATOSA
STATE: WI
ZIP: 53222
BUSINESS PHONE: 4142595333
MAIL ADDRESS:
STREET 1: 12301 W WIRTH ST
CITY: WAUWATOSA
STATE: WI
ZIP: 53222
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
0000014195
BRIGGS & STRATTON CORP
001-01370
12301 W WIRTH ST
Wauwatosa
WI
WISCONSIN
53222
(414) 259-5333
Common Stock
17 CFR 240.12d2-2(b)
Christopher Rances
Senior Analyst
2020-08-04
EX-99.25
2
ruleprovisionnotice.htm
NOTIFICATION OF THE REMOVAL FROM LISTING AND REGISTRATION OF THE STATED SECURITIES
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 Briggs & Stratton Corporation (the 'Company') from listing and registration on the Exchange at the opening of business on August 17, 2020, 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 that the Company is no longer suitable for listing pursuant to Listed Company Manual (the 'Manual') Section 802.01D after the Company's July 20, 2020 disclosure that the Company commenced voluntary proceedings under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for Eastern District of Missouri.
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 '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.'
The Exchange, on July 20, 2020, 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 Exchange. The Company was notified by phone and letter on July 20, 2020.
Pursuant to the above authorization, on July 20, 2020, a press release regarding the delisting was issued and posted on the Exchange's website and trading was suspended in the Common Stock.
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 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.