NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934.
UNITED STATES
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 25
NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION
UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934.
Commission File Number 000-21074
Issuer: SUPERCONDUCTOR TECHNOLOGIES INC
Exchange: Nasdaq Stock Market LLC
(Exact name of Issuer as specified in its charter, and name of Exchange where security is listed and/or registered)
Address: 460 Ward Drive
Santa Barbara CALIFORNIA 93111
Telephone number: 805 690-4500
(Address, including zip code, and telephone number, including area code, of Issuer's principal executive offices)
Common Stock
(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:
17 CFR 240.12d2-2(a)(1)
17 CFR 240.12d2-2(a)(2)
17 CFR 240.12d2-2(a)(3)
17 CFR 240.12d2-2(a)(4)
Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied with its rules to strike the class of securities from listing and/or withdraw registration on the Exchange. 1
Pursuant to 17 CFR 240.12d2-2(c), the Issuer has complied with its rules of the Exchange and the requirements of 17 CFR 240.12d-2(c) governing the voluntary withdrawal of the class of securities from listing and registration on the Exchange.
Pursuant to the requirements fo the Securities Exchange Act of 1934, 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.
2021-02-02 By Aravind Menon Hearings Advisor
Date Name Title
1 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,
February 2, 2021,  Superconductor Technologies Inc. The Nasdaq
Stock Market LLC (the Exchange) has determined to remove
from listing the common stock of Superconductor Technologies Inc.,
effective at the opening of the trading session on February 12, 2021.
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(a)(2) and
Listing Rule 5550(b).
The Company was notified of the Staff determination
on January 7, 2020. The Company appealed the determination
to a Hearing Panel on January 13, 2020. On March 31,
2020, upon review of the information provided by the Company,
the Panel determined to grant the Company request to remain
listed in the Exchange subject to certain milestones.
After failing to meeting the Hearings Panel exception, on
September 28, 2020, the Hearings Panel issued a final decision denying
the Company continued listing and notified the Company that trading
in the Company securities would be suspended on September 30, 2020.
The Listing Council did not call the matter for review and the Company
did not appeal the Hearings Panel decision to the Listing Council.
The Staff determination to delist the Company became final
on November 12, 2020.