-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, L0R/MV1QuHU/tcCn+PADlnDV6JoYUqdUBhZ1KtkPGLvtT75d1MEWo0/xuHF5a/pc jp3hIVrXzWIrKrZZESPZVg== 0000909012-03-000455.txt : 20030624 0000909012-03-000455.hdr.sgml : 20030624 20030624172404 ACCESSION NUMBER: 0000909012-03-000455 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20030619 ITEM INFORMATION: Other events FILED AS OF DATE: 20030624 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CANNON EXPRESS INC CENTRAL INDEX KEY: 0000801558 STANDARD INDUSTRIAL CLASSIFICATION: TRUCKING (NO LOCAL) [4213] IRS NUMBER: 710650141 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-13917 FILM NUMBER: 03755591 BUSINESS ADDRESS: STREET 1: 1457 ROBINSON STREET 2: P O BOX 364 CITY: SPRINGDALE STATE: AR ZIP: 72765 BUSINESS PHONE: 5017519209 MAIL ADDRESS: STREET 1: PO BOX 364 STREET 2: PO BOX 364 CITY: SPRINGDALE STATE: AR ZIP: 72765 8-K 1 t300395.txt CURRENT REPORT 6/19/03 UNITED STATES 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 June 19, 2003 ------------ (Date of the earliest event reported) CANNON EXPRESS, INC. -------------------- (Exact name of Registrant as specified in its charter) DELAWARE 1-13917 71-0650141 ------------------ ------------ --------------- (State or other jurisdiction (Commission File Number) (I.R.S. Employer of incorporation) Identification No.) 1457 EAST ROBINSON AVENUE, P.O. BOX 364, SPRINGDALE, ARKANSAS 72765 ------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) (479) 751-9209 (Registrant's telephone number, including area code) ITEM 5. OTHER EVENTS AND REGULATION FD DISCLOSURE On June 11, 2003, General Electric Capital Corporation ("GECC") brought suit in the District Court of Dallas County, Texas (the "District Court") against Registrant, TCC Leasing, Inc. and Cannon Express Corp. seeking money damages and a Temporary Restraining Order and Injunctive Relief enjoining the use of certain equipment subject to GECC's security interest. On June 19, 2003, the District Court granted a Temporary Restraining Order enjoining the use of the equipment which allowed for the completion of deliveries that were then in progress. In addition, the Registrant received a Notice of Default pursuant to several agreements between the Registrant and CitiCapital Commercial Leasing Corporation (a/k/a Associates Leasing, Inc.) ("CCLC") asserting the failure to timely make required payments and the change of control of Registrant. The Registrant is engaged in discussions with CCLC in an effort to resolve those default issues. The Registrant and GECC have agreed in principle on the logistics for fleet substitution in an orderly manner over a period of three weeks so as not to disrupt normal traffic operations. 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 thereunto duly authorized. Dated: June 24, 2003 CANNON EXPRESS, INC. By: /S/ DUANE WORMINGTON --- -------------------- Name: Duane Wormington Title: Chief Financial Officer -----END PRIVACY-ENHANCED MESSAGE-----