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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest reported) May 6, 2002
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Standard Automotive Corporation
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(Exact name of registrant as specified in its chapter)
Delaware 001-13657 52-2018607
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(State or other jurisdiction Commission (IRS Employer
of incorporation File Number) Identification No.)
280 Park Avenue, 21st Floor West, New York, NY 10017
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (212) 286-1300
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(Former name or former address, if changed since last report)
Item 5. Other Events.
On May 2, 2002, Standard Automotive Corporation ("the Company") announced that
it had received notice from the staff (the "Staff") of the American Stock
Exchange (the "Exchange"), indicating that the Company is no longer in
compliance with the Exchange's continued listing guidelines, and that its
securities are, therefore, being delisted from the Exchange.
According to the notice, the Staff's determination is based, among other things,
on the Company's commencement of Chapter 11 proceedings on March 19, 2002, as
well as on the aggregate market value of the Company's publicly held shares
having fallen below $1,000,000.
The Company noted that it does not intend to appeal the determination by the
Exchange and, therefore, expects its securities to be delisted on or about May
13, 2002.
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.
STANDARD AUTOMOTIVE CORPORATION
Date: May 3, 2002 /s/ Matthew B. Burris
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Matthew B. Burris
Chief Financial Officer