-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, TvUDShj4rFfevM+I94mWj8VYg65L4ThBJIXykXq1FIy36vpvu/Veejj7pSx36dnu R2EDgtkU7TKnyd/fuJpivQ== 0000876661-09-000166.txt : 20090320 0000876661-09-000166.hdr.sgml : 20090320 20090320151215 ACCESSION NUMBER: 0000876661-09-000166 CONFORMED SUBMISSION TYPE: 25-NSE PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20090320 DATE AS OF CHANGE: 20090320 EFFECTIVENESS DATE: 20090320 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: VISTEON CORP CENTRAL INDEX KEY: 0001111335 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714] IRS NUMBER: 383519512 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 25-NSE SEC ACT: 1934 Act SEC FILE NUMBER: 001-15827 FILM NUMBER: 09696040 BUSINESS ADDRESS: STREET 1: ONE VILLAGE CENTER DRIVE CITY: VAN BUREN TOWNSHIP STATE: MI ZIP: 48111 BUSINESS PHONE: 800-847-8366 MAIL ADDRESS: STREET 1: ONE VILLAGE CENTER DRIVE CITY: VAN BUREN TOWNSHIP STATE: MI ZIP: 48111 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: NEW YORK STOCK EXCHANGE INC 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 25-NSE 1 primary_doc.xml X0203 0000876661 NEW YORK STOCK EXCHANGE INC 1111335 VISTEON CORP 001-15827
One Village Center Drive Van Buren Township MI MICHIGAN 48111-5711
(313) 755-2800
Common Stock 17 CFR 240.12d2-2(b) Paras Madho Director 2009-03-20
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 (the 'Common Stock') of Visteon Corporation (the 'Company') from listing and registration on the Exchange at the opening of business on March 30, 2009, 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 based its determination on the 'abnormally low' selling price of the Company's common stock, which closed at $0.07 on March 3, 2009 with a resultant market capitalization of approximately $9.1 million. The Company has previously fallen below the New York Stock Exchange's ('NYSE') continued listing standard regarding average global market capitalization over a consecutive 30 trading-day period of less than $75 million and total stockholders' equity of less than $75 million. In addition, prior to the NYSE's February 26, 2009 rule filing submitted to the U.S. Securities and Exchange Commission ('SEC') to temporarily suspend the $1.00 minimum share price requirement, the Company had previously been notified that it had fallen below the NYSE's continued listing standard for average closing price of less than $1.00 over a consecutive 30 trading-day period. 1. The Exchange's Listed Company Manual, Sections 802.01D states, in part, that the Exchange may delist a security of either a domestic or non-U.S. issuer when: The security has 'an abnormally low selling price'. 2. The Exchange, on March 4, 2009, determined that the Common Stock should be suspended from trading before the opening of the trading session on March 6, 2009, 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 March 4, 2009 and by letter on March 5, 2009. 3. Pursuant to the above authorization, a press release was issued on March 4, 2009, and an announcement was made on the 'ticker' of the Exchange at the close of the trading session on March 4, 2009 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 6, 2009. 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 specific time period.
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