SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
AMENDMENT NO. 1
TO
SCHEDULE TO
TENDER OFFER STATEMENT UNDER SECTION 14(d)(1) OR 13(e)(1)
OF THE SECURITIES EXCHANGE ACT OF 1934
THE FAIRCHILD CORPORATION
(Name of Subject Company (Issuer))
Phoenix FA Holdings, LLC
SG Phoenix Ventures IV LLC
Philip S. Sassower
Andrea Goren
(Names of Filing Persons (Offerors))
Class A Common Stock, par value $0.10 per share
(Titles of classes of securities)
303698 10 4
(CUSIP number of class of securities)
Philip S. Sassower
Phoenix FA Holdings, LLC
110 East 59th Street, Suite 1901
New York, NY 10022
Tel: (212) 759-1909
(Name, address and telephone number of person authorized to receive notices and
communications on behalf of the filing person)
Copy to:
David Warburg, Esq.
Thelen Reid Brown Raysman & Steiner LLP
875 Third Avenue
New York, New York 10022
Tel: (212) 603-2214
CALCULATION OF FILING FEE
| Transaction Valuation* |
Amount of Filing Fee** |
|
|---|---|---|
| $16,750,000 | $514.23 | |
ý Check the box if any part of the fee is offset as provided by Rule 0-11(a)(2) and identify the filing with which the offsetting fee was previously paid. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.
| Amount Previously Paid: $514.23 | Filing Party: Phoenix FA Holdings, LLC | ||
| Form or Registration No. TO-T | Date Filed: November 19, 2007 |
o Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer.
Check the appropriate boxes below to designate any transactions to which the statement relates:
ý third-party tender offer subject to Rule 14d-1.
o issuer tender offer subject to Rule 13e-4.
o going-private transaction subject to Rule 13e-3.
o amendment to Schedule 13D under Rule 13d-2.
Check the following box if the filing is a final amendment reporting the results of the tender offer: o
This Amendment No. 1 (this "Amendment") amends and supplements the Tender Offer Statement on Schedule TO originally filed by Phoenix FA Holdings, LLC (the "Purchaser") with the Securities and Exchange Commission on November 19, 2007 (the "Schedule TO") relating to the offer by the Purchaser to purchase up to 6,700,000 shares of Class A Common Stock, par value $0.10 per share (the "Common Stock"), of The Fairchild Corporation, a Delaware corporation ("Fairchild"), at a purchase price of $2.50 per share, upon the terms and subject to the conditions set forth in the Offer to Purchase, dated November 19, 2007 (the "Offer to Purchase"), and in the related Letter of Transmittal (the "Letter of Transmittal"), copies of which were filed as Exhibits (a)(1) and (a)(2) to the Schedule TO. All references to Sections in this Amendment are to Sections of the Offer to Purchase. Capitalized terms used and not otherwise defined in this Amendment shall have the meanings assigned to them in the Offer to Purchase or the Schedule TO.
Item 3. Identity and Background of Filing Person
Item 3 of Schedule TO is hereby amended by adding thereto the following:
"This Schedule TO is also being filed by SG Phoenix Ventures IV LLC, Philip S. Sassower and Andrea Goren."
Item 10 of the Schedule TO is hereby amended by adding thereto the following:
"The Purchaser's balance sheet as of a recent date includes cash and cash equivalents of $8.561 million and 2,176,500 shares of Fairchild's Class A Common Stock. Further, the Purchaser has substantial additional capital commitments from its members for up to $8.3 million in cash recently called for and anticipated to be received prior to acceptance of shares for payment pursuant to the Offer. The Purchaser has no liabilities except for professional fees and transaction expenses incurred in connection with the Offer."
2
After due inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Date: December 6, 2007
Phoenix FA Holdings, LLC |
||||
By: SG Phoenix Ventures IV LLC, its Managing Member |
||||
By: |
/s/ ANDREA GOREN |
|||
| Name: Andrea Goren | ||||
| Title: Managing Member | ||||
SG Phoenix Ventures IV LLC |
||||
By: |
/s/ ANDREA GOREN |
|||
| Name: Andrea Goren | ||||
| Title: Member | ||||
/s/ PHILIP S. SASSOWER |
||||
| Philip S. Sassower | ||||
/s/ ANDREA GOREN |
||||
| Andrea Goren | ||||
3
*(a)(1) |
Offer to Purchase, dated November 19, 2007. |
|
*(a)(2) |
Form of Letter of Transmittal. |
|
*(a)(3) |
Form of Notice of Guaranteed Delivery. |
|
*(a)(4) |
Form of Letter to Brokers, Dealers, Banks, Trust Companies and other Nominees. |
|
*(a)(5) |
Form of Letter to Clients for use by Brokers, Dealers, Commercial Banks, Trust Companies and other Nominees. |
|
*(a)(6) |
Press Release issued by Phoenix FA Holdings, LLC on November 19, 2007. |
|
*(a)(7) |
Form of Summary Advertisement dated November 19, 2007. |
|
*(a)(8) |
Press Release issued on November 13, 2007, incorporated by reference from Schedule TO filed by Phoenix FA Holdings, LLC on November 13, 2007. |