[Federal Register: May 30, 2001 (Volume 66, Number 104)]
[Notices]               
[Page 29367-29368]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr30my01-96]                         

-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION

[File No. 1-15237]

 
Issuer Delisting; Notice of Application To Withdraw From Listing 
and Registration; (OTR Express, Inc., Common Stock, $.01 Par Value)

May 23, 2001.
    OTR Express, Inc., a Kansas corporation (``Issuer''), has filed an

[[Page 29368]]

application with the Securities and Exchange Commission 
(``Commission''), pursuant to section 12(d) of the Securities Exchange 
Act of 1934 (``Act'') \1\ and Rule 12d2-2(d) thereunder,\2\ to withdraw 
its Common Stock, $.01 par value (``Security''), from listing and 
registration on the American Stock Exchange (``Amex'').
---------------------------------------------------------------------------

    \1\ 15 U.S.C. 78l(d).
    \2\ 17 CFR 240.12d2-2(d).
---------------------------------------------------------------------------

    The Issuer has stated in its application that it has met the 
requirements of Amex Rule 18 by complying with all applicable laws in 
effect in the State of Kansas, in which it is incorporated, and with 
the rules the Amex governing an issuer's voluntary withdrawal of a 
security from listing and registration. The Amex has in turn informed 
the Issuer that it does not object to the proposed withdrawal of the 
Issuer's Security from listing and registration on the Exchange.
    The Board of Directors of the Issuer approved a resolution on May 
9, 2001 to seek withdrawal of the Issuer's Security from listing on the 
Amex. In making the decision to withdraw the Security from listing on 
the Exchange, the Issuer considered its non-compliance with the Amex 
maintenance standards concerning the aggregate market value of shares 
publicly held and the Security's low selling price. The Issuer 
represents that it expects to file a Form 15 with the Commission to 
formally suspend its duties to file reports under section 13 \3\ and 
15(d) \4\ of the Act.
---------------------------------------------------------------------------

    \3\ 15 U.S.C. 78m.
    \4\ 15 U.S.C. 78o(d).
---------------------------------------------------------------------------

    Any interested person may, on or before June 13, 2001, submit by 
letter to the Secretary of the Securities and Exchange Commission, 450 
Fifth Street, NW., Washington, D.C. 20549-0609, facts bearing upon 
whether the application has been made in accordance with the rules of 
the Amex and what terms, if any, should be imposed by the Commission 
for the protection of investors. The Commission, based on the 
information submitted to it, will issue an order granting the 
application after the date mentioned above, unless the Commission 
determines to order a hearing on the matter.

    For the Commission, by the Division of Market Regulation, 
pursuant to delegated authority.\5\
---------------------------------------------------------------------------

    \5\ 17 CFR 200.30-3(a)(1).
---------------------------------------------------------------------------

Jonathan G. Katz,
Secretary.
[FR Doc. 01-13528 Filed 5-29-01; 8:45 am]
BILLING CODE 8010-01-M