NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934.
||March 31, 2018
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|SECURITIES AND EXCHANGE COMMISSION|
|Washington, D.C. 20549|
NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION|
UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934.
|Commission File Number
(Exact name of Issuer as specified in its charter, and name of Exchange where security is listed and/or registered)
||Level 10, 10 Eagle Street
||Brisbane, Queensland, 4000
(Address, including zip code, and telephone number, including area code, of Issuer's
principal executive offices)
(Description of class of securities)
Please place an X in the box to designate the rule provision relied upon to strike
the class of securities from listing and registration:
Pursuant to the requirements fo the Securities Exchange Act of 1934,
The Nasdaq Stock Market LLC
certifies that it has reasonable grounds to believe that it
meets all of the requirements for filing the Form 25 and has caused this notification to be
signed on its behalf by the undersigned duly authorized person.
Form 25 and attached Notice will be considered compliance with the provisions of
17 CFR 240.19d-1 as applicable. See General Instructions.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
Delisting Determination, The Nasdaq Stock Market, LLC,
July 1, 2020, Synthesis Energy Systems, Inc. The Nasdaq
Stock Market LLC (the Exchange) has determined to remove
from listing the common stock of Synthesis Energy Systems,
Inc. (the Company), effective at the opening of the trading
session on July 13, 2020.
Based on review of information provided by the Company, Nasdaq
Staff determined that the Company no longer qualified for listing
on the Exchange pursuant to Listing Rules 5550(b).
The Company was notified of the Staff determination on November 13,
2019. The Company appealed the determination to a Hearing Panel
on November 20, 2019. Subsequently, Staff determined that the
Company no longer met the requirements of Nasdaq Rule 5250(c)(1),
which was notified to the Company on November 21, 2020.
In a decision dated January 8, 2020, the Panel determined to
continue the Company listing, subject to certain milestones
towards compliance. On May 13, 2020, the Company informed the Panel
that despite its best efforts, it was unable to regain compliance
with the milestones imposed by the Panel.
Therefore, the Panel issued a decision denying the Company continued
listing and notified the Company that trading in the Company
securities would be suspended on May 18, 2020.
The Listing Council did not call the matter for review.
The Staff determination to delist the Company became final
on June 29, 2020.