SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
_____________________________________
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report: July 15, 1996
PUBLICKER INDUSTRIES INC.
(Exact name of registrant as specified in its charter)
Pennsylvania
(State of incorporation)
1-3315 23-0991870
(Commission file number) (I.R.S. Employer
Identification No.)
1445 East Putnam Avenue
Old Greenwich, Connecticut 06870
(Address of principal executive offices) (Zip code)
(203) 637-4500
(Registrant's telephone number, including area code)
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Item 5. Other Events
Publicker Industries Inc. announced on July 11, 1996 that the New York Stock
Exchange ("NYSE") advised the Company that trading in its common stock
will be suspended before the opening of trading on August 1, 1996 or such
earlier date as the Company's common stock commences trading in another
securities marketplace or information is received that the Company does not
meet the listing criteria of the other securities marketplace. The NYSE
indicated that its decision to delist was based on consideration of certain
qualitative listing criteria, including the reduction in operations due to the
recently completed and proposed subsidiary sales, as well as the Company's
failure to meet certain quantitative listing criteria, including average net
income for the last three years and net tangible assets. The Company has
initiated discussions with representatives of the American Stock Exchange
("AMEX") and the NASDAQ Stock Market ("NASDAQ") about listing its Common Stock
on the AMEX or the NASDAQ Small-Cap Market. While the Company believes that
its Common Stock may be approved for listing on one of the foregoing, it is
aware that it does not meet certain of the quantitative listing requirements
of either of the foregoing, and therefore there can be no assurance that such
approval will be obtained.
Item 7. Financial Statements and Exhibits
None
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
PUBLICKER INDUSTRIES INC.
/s/Antonio L. DeLise
Antonio L. DeLise
Vice President,
Chief Financial Officer
and Secretary
Dated: July 15, 1996