0000902664-05-000715.txt : 20120705
0000902664-05-000715.hdr.sgml : 20120704
20050216164723
ACCESSION NUMBER: 0000902664-05-000715
CONFORMED SUBMISSION TYPE: SC 13G
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20050216
DATE AS OF CHANGE: 20050216
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: FIRST AVENUE NETWORKS INC
CENTRAL INDEX KEY: 0001010286
STANDARD INDUSTRIAL CLASSIFICATION: RADIO TELEPHONE COMMUNICATIONS [4812]
IRS NUMBER: 521869023
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13G
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-49879
FILM NUMBER: 05621486
BUSINESS ADDRESS:
STREET 1: 230 COURT SQUARE
STREET 2: SUITE 202
CITY: CHARLOTTESVILLE
STATE: VA
ZIP: 22902
BUSINESS PHONE: 434 220 4988
MAIL ADDRESS:
STREET 1: 230 COURT SQUARE
STREET 2: SUITE 202
CITY: CHARLOTTESVILLE
STATE: VA
ZIP: 22902
FORMER COMPANY:
FORMER CONFORMED NAME: ADVANCED RADIO TELECOM CORP
DATE OF NAME CHANGE: 19960503
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: RAMIUS CAPITAL GROUP LLC
CENTRAL INDEX KEY: 0001050154
IRS NUMBER: 133937658
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13G
BUSINESS ADDRESS:
STREET 1: 666 THIRD AVENUE
STREET 2: 26TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
BUSINESS PHONE: 2128457900
MAIL ADDRESS:
STREET 1: 666 THIRD AVENUE
STREET 2: 26TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
SC 13G
1
srz9816852v1.txt
FIRST AVENUE NETWORKS, INC. SC 13G
UNITED STATES
SECURITIES & EXCHANGE COMMISSION
Washington, D.C. 20549
----------------------
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. __)*
First Avenue Networks, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
31865X106
(CUSIP Number)
February 7, 2005
(Date of event which requires filing of this statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule 13G is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
----------------
*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act
of 1934 ("Act") or otherwise subject to the liabilities of that section of the
Act but shall be subject to all other provisions of the Act (however, see the
Notes).
Page 1 of 25 Pages
CUSIP No. 31865X106 13G Page 2 of 25 Pages
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Ramius Capital Group, LLC
-----------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [X]
(b) [ ]
-----------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-----------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
0
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
5,416,047
OWNED BY --------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
0
REPORTING --------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
5,416,047
-----------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
5,416,047
-----------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES **
[ ]
-----------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
9.07%
-----------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON **
IA
-----------------------------------------------------------------------
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 31865X106 13G Page 3 of 25 Pages
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
RCG Carpathia Master Fund, Ltd.
-----------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [X]
(b) [ ]
-----------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
-----------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
0
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
5,416,047
OWNED BY --------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
0
REPORTING --------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
5,416,047
-----------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
5,416,047
-----------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES **
[ ]
-----------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
9.07%
-----------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON **
CO
-----------------------------------------------------------------------
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 31865X106 13G Page 4 of 25 Pages
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
SPhinX Distressed (RCG Carpathia), Segregated Portfolio
-----------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [X]
(b) [ ]
-----------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
SPhinX Distressed (RCG Carpathia), Segregated Portfolio is not a
legal entity, but is a segregated account of SPhinX Distressed Fund
SPC, a Cayman Islands company.
-----------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
0
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
5,416,047
OWNED BY --------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
0
REPORTING --------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
5,416,047
-----------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
5,416,047
-----------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES **
[ ]
-----------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
9.07%
-----------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON **
OO
-----------------------------------------------------------------------
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 31865X106 13G Page 5 of 25 Pages
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
RCG Crimson, LP
-----------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [X]
(b) [ ]
-----------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-----------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
0
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
5,416,047
OWNED BY --------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
0
REPORTING --------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
5,416,047
-----------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
5,416,047
-----------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES **
[ ]
-----------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
9.07%
-----------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON **
PN
-----------------------------------------------------------------------
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 31865X106 13G Page 6 of 25 Pages
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
RCG Halifax Fund, Ltd.
-----------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [X]
(b) [ ]
-----------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
-----------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
0
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
5,416,047
OWNED BY --------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
0
REPORTING --------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
5,416,047
-----------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
5,416,047
-----------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES **
[ ]
-----------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
9.07%
-----------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON **
CO
-----------------------------------------------------------------------
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 31865X106 13G Page 7 of 25 Pages
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Ramius Master Fund, Ltd.
-----------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [X]
(b) [ ]
-----------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
-----------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
0
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
5,416,047
OWNED BY --------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
0
REPORTING --------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
5,416,047
-----------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
5,416,047
-----------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES **
[ ]
-----------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
9.07%
-----------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON **
CO
-----------------------------------------------------------------------
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 31865X106 13G Page 8 of 25 Pages
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
RCG Multi-Strategy Master Fund, Ltd.
-----------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [X]
(b) [ ]
-----------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
-----------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
0
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
5,416,047
OWNED BY --------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
0
REPORTING --------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
5,416,047
-----------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
5,416,047
-----------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES **
[ ]
-----------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
9.07%
-----------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON **
CO
-----------------------------------------------------------------------
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 31865X106 13G Page 9 of 25 Pages
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Ramius Securities, L.L.C.
-----------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [X]
(b) [ ]
-----------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-----------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
0
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
5,416,047
OWNED BY --------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
0
REPORTING --------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
5,416,047
-----------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
5,416,047
-----------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES **
[ ]
-----------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
9.07%
-----------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON **
BD
-----------------------------------------------------------------------
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 31865X106 13G Page 10 of 25 Pages
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
RCG Asia Advisors, LLC
-----------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [X]
(b) [ ]
-----------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-----------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
0
SHARES ---------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
5,416,047
OWNED BY ---------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
0
REPORTING ---------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
5,416,047
-----------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
5,416,047
-----------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES **
[ ]
-----------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
9.07%
-----------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON **
OO
-----------------------------------------------------------------------
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 31865X106 13G Page 11 of 25 Pages
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Ramius Advisors, LLC
-----------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [X]
(b) [ ]
-----------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-----------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
0
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
5,416,047
OWNED BY --------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
0
REPORTING --------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
5,416,047
-----------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
5,416,047
-----------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES **
[ ]
-----------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
9.07%
-----------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON **
OO
-----------------------------------------------------------------------
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 31865X106 13G Page 12 of 25 Pages
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
C4S & Co., L.L.C.
-----------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [X]
(b) [ ]
-----------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-----------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
0
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
5,416,047
OWNED BY --------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
0
REPORTING ---------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
5,416,047
-----------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
5,416,047
-----------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES **
[ ]
-----------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
9.07%
-----------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON **
OO
-----------------------------------------------------------------------
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 31865X106 13G Page 13 of 25 Pages
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Peter A. Cohen
-----------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [X]
(b) [ ]
-----------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
United States
-----------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
0
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
5,416,047
OWNED BY --------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
0
REPORTING --------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
5,416,047
-----------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
5,416,047
-----------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES **
[ ]
-----------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
9.07%
-----------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON **
IN
-----------------------------------------------------------------------
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 31865X106 13G Page 14 of 25 Pages
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Morgan B. Stark
-----------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [X]
(b) [ ]
-----------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
United States
-----------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
0
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
5,416,047
OWNED BY --------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
0
REPORTING --------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
5,416,047
-----------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
5,416,047
-----------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES **
[ ]
-----------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
9.07%
-----------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON **
IN
-----------------------------------------------------------------------
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 31865X106 13G Page 15 of 25 Pages
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Thomas W. Strauss
-----------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [X]
(b) [ ]
-----------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
United States
-----------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
0
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
5,416,047
OWNED BY --------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
0
REPORTING ---------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
5,416,047
-----------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
5,416,047
-----------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES **
[ ]
-----------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
9.07%
-----------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON **
IN
-----------------------------------------------------------------------
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 31865X106 13G Page 16 of 25 Pages
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Jeffrey M. Solomon
-----------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [X]
(b) [ ]
-----------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
United States
-----------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
0
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
5,416,047
OWNED BY --------------------------------------------------------
EACH (7) SOLE DISPOSITIVE POWER
0
REPORTING --------------------------------------------------------
PERSON WITH (8) SHARED DISPOSITIVE POWER
5,416,047
-----------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
5,416,047
-----------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES **
[ ]
-----------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
9.07%
-----------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON **
IN
-----------------------------------------------------------------------
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 31865X106 13G Page 17 of 25 Pages
Item 1.
(a) Name of Issuer
First Avenue Networks, Inc., a Delaware Corporation (the "Company").
(b) Address of Issuer's Principal Executive Offices
230 Court Square, Suite 202
Charlottesville, Virginia 22902
Item 2(a). Name of Person Filing
Item 2(b). Address of Principal Business Office
Item 2(c). Citizenship
Ramius Capital Group, LLC
666 Third Avenue, 26th Floor
New York, New York 10017
Citizenship: Delaware
RCG Carpathia Master Fund, Ltd.
c/o Ramius Capital Group, LLC
666 Third Avenue, 26th Floor
New York, New York 10017
Citizenship: Cayman Islands
SPhinX Distressed (RCG Carpathia), Segregated Portfolio
c/o Ramius Capital Group, LLC
666 Third Avenue, 26th Floor
New York, New York 10017
Citizenship: SPhinX Distressed (RCG Carpathia), Segregated Portfolio
is not a legal entity, but is a segregated account of SPhinX
Distressed Fund SPC, a Cayman Islands company
RCG Crimson, LP
c/o Ramius Capital Group, LLC
666 Third Avenue, 26th Floor
New York, New York 10017
Citizenship: Delaware
RCG Halifax Fund, Ltd.
c/o Ramius Capital Group, LLC
666 Third Avenue, 26th Floor
New York, New York 10017
Citizenship: Cayman Islands
Ramius Master Fund, Ltd.
c/o Ramius Capital Group, LLC
666 Third Avenue, 26th Floor
New York, New York 10017
Citizenship: Cayman Islands
RCG Multi-Strategy Master Fund, Ltd.
c/o Ramius Capital Group, LLC
666 Third Avenue, 26th Floor
New York, New York 10017
Citizenship: Cayman Islands
CUSIP No. 31865X106 13G Page 18 of 25 Pages
Ramius Securities, L.L.C.
c/o Ramius Capital Group, LLC
666 Third Avenue, 26th Floor
New York, New York 10017
Citizenship: Delaware
RCG Asia Advisors, LLC
c/o Ramius Capital Group, LLC
666 Third Avenue, 26th Floor
New York, New York 10017
Citizenship: Delaware
Ramius Advisors, LLC
c/o Ramius Capital Group, LLC
666 Third Avenue, 26th Floor
New York, New York 10017
Citizenship: Delaware
C4S & Co., L.L.C.
c/o Ramius Capital Group, LLC
666 Third Avenue, 26th Floor
New York, New York 10017
Citizenship: Delaware
Peter A. Cohen
c/o Ramius Capital Group, LLC
666 Third Avenue, 26th Floor
New York, New York 10017
Citizenship: United States
Morgan B. Stark
c/o Ramius Capital Group, LLC
666 Third Avenue, 26th Floor
New York, New York 10017
Citizenship: United States
Thomas W. Strauss
c/o Ramius Capital Group, LLC
666 Third Avenue, 26th Floor
New York, New York 10017
Citizenship: United States
Jeffrey M. Solomon
c/o Ramius Capital Group, LLC
666 Third Avenue, 26th Floor
New York, New York 10017
Citizenship: United States
Item 2(d). Title of Class of Securities
Common Stock, par value $0.001 per share ("Common Stock")
Item 2(e). CUSIP Number
31865X106
Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or
(c), check whether the person filing is a:
(a) [ ] Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o).
(b) [ ] Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c).
(c) [ ] Insurance company as defined in Section 3(a)(19) of the Act
CUSIP No. 31865X106 13G Page 19 of 25 Pages
(15 U.S.C. 78c).
(d) [ ] Investment company registered under Section 8 of the Investment
Company Act of 1940 (15 U.S.C. 80a-8).
(e) [ ] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in accordance with
Rule 13d-1(b)(1)(ii)(F);
(g) [ ] A parent holding company or control person in accordance with
Rule 13d-1(b)(1)(ii)(G);
(h) [ ] A savings association as defined in Section 3(b) of the Federal
Deposit Insurance Act (12 U.S.C. 1813);
(i) [ ] A church plan that is excluded from the definition of an investment
company under Section 3(c)(14) of the Investment Company Act of 1940
(15 U.S.C. 80a-3);
(j) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
If this statement is filed pursuant to Rule 13d-1(c), check this box. [X]
Item 4. Ownership
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.
(a) Amount beneficially owned:
As of the date hereof, each Reporting Person may be deemed
the beneficial owner of (i) 4,873,278 shares of Common Stock and warrants to
purchase 201,458 shares of Common Stock owned by RCG Carpathia Master Fund,
Ltd., a Cayman Islands company ("Carpathia"), (ii) 81,243 shares of Common Stock
and warrants to purchase 6,875 shares of Common Stock owned by SPhinX Distressed
(RCG Carpathia), Segregated Portfolio ("SPhinX"), a segregated account of SPhinX
Distressed Fund SPC, a Cayman Islands company (the "Fund"), (iii) 15,000 shares
of Common Stock owned by RCG Crimson, LP, a Delaware limited partnership
("Crimson") (iv) 3,139 shares of Common Stock owned by RCG Halifax Fund, Ltd., a
Cayman Islands company ("Halifax"), (v) 10,985 shares of Common Stock owned by
Ramius Master Fund, Ltd., a Cayman Islands company ("Ramius Master Fund"), (vi)
1,569 shares of Common Stock owned by RCG Multi-Strategy Master Fund, Ltd., a
Cayman Islands company ("Multi-Strategy") and (vii) 222,500 shares of Common
Stock owned by Ramius Securities, L.L.C., a Delaware limited liability company
("Ramius Securities").
Note: The Fund is an index fund which invests in various
securities. Ramius Capital Group, LLC, a Delaware limited liability company
("Ramius Capital") is (i) the investment advisor of Carpathia, SPhinX and
Halifax and has the power to direct some of the affairs of Carpathia, SPhinX and
Halifax, including decisions respecting the disposition of the proceeds from the
sale of shares of the Common Stock and (ii) the general partner of Crimson. RCG
Asia Advisors, LLC, a Delaware limited liability company ("RCG Asia") is the
investment advisor of Multi-Strategy and has the power to direct some of the
affairs of Multi-Strategy, including decisions respecting the disposition of the
CUSIP No. 31865X106 13G Page 20 of 25 Pages
proceeds from the sale of shares of the Common Stock. Ramius Advisors, LLC, a
Delaware limited liability company ("Ramius Advisors") is the investment advisor
of Ramius Master Fund and has the power to direct some of the affairs of Ramius
Master Fund, including decisions respecting the disposition of the proceeds from
the sale of shares of the Common Stock. RCG Asia and Ramius Advisors are
wholly-owned subsidiaries of Ramius Capital. Ramius Securities is a broker
dealer affiliated with Ramius Capital. C4S & Co., L.L.C., a Delaware limited
liability company ("C4S"), is the managing member of Ramius Capital and in that
capacity directs its operations. Peter A. Cohen ("Mr. Cohen"), Morgan B. Stark
("Mr. Stark"), Thomas W. Strauss ("Mr. Strauss") and Jeffrey M. Solomon ("Mr.
Solomon") are the managing members of C4S and in that capacity direct its
operations. The foregoing should not be construed in and of itself as an
admission by any Reporting Person as to beneficial ownership of any shares of
Common Stock owned by another Reporting Person. In addition, each of Mr. Cohen,
Mr. Stark, Mr. Strauss and Mr. Solomon disclaims beneficial ownership of the
shares of Common Stock owned by Carpathia, SPhinX, Crimson, Halifax, Ramius
Master Fund, Multi-Strategy and Ramius Securities and the filing of this
statement shall not be construed as an admission that any such person is the
beneficial owner of any such securities.
(b) Percent of class:
Approximately 9.07% as of the date of this filing. (Based on
the Company's Registration Statement on Form S-3 filed on February 10, 2005,
there were 59,527,020 shares of Common Stock outstanding as of February 1, 2005.
In addition, (i) Carpathia holds the warrants to purchase 201,458 shares of
Common Stock referred to in Item 4(a) above and (ii) SPhinX holds the warrants
to purchase 6,875 shares of Common Stock referred to in Item 4(a) above.)
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote:
0
(ii) Shared power to vote or to direct the vote
5,416,047 shares of Common Stock.
(iii) Sole power to dispose or to direct the disposition of
0
(iv) Shared power to dispose or to direct the disposition of
5,416,047 shares of Common Stock.
Item 5. Ownership of Five Percent or Less of a Class
Not applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Not applicable.
Item 7. Identification and Classification of the Subsidiary Which Acquired
CUSIP No. 31865X106 13G Page 21 of 25 Pages
the Security Being Reported on By the Parent Holding Company
Not applicable.
Item 8. Identification and Classification of Members of the Group
See Exhibit I.
Item 9. Notice of Dissolution of Group
Not applicable
Item 10. Certification
By signing below each of the undersigned certifies that, to the best of its
knowledge and belief, the securities referred to above were not acquired and are
not held for the purpose of or with the effect of changing or influencing the
control of the issuer of the securities and were not acquired and are not held
in connection with or as a participant in any transaction having that purpose or
effect.
Exhibits:
Exhibit I: Joint Filing Agreement, dated as of February 16, 2005, by and among
Ramius Capital, Carpathia, SPhinX, Crimson, Halifax, Ramius Master Fund,
Multi-Strategy, Ramius Securities, RCG Asia, Ramius Advisors, C4S, Mr. Cohen,
Mr. Stark, Mr. Strauss and Mr. Solomon.
CUSIP No. 31865X106 13G Page 22 of 25 Pages
SIGNATURES
After reasonable inquiry and to the best of its knowledge and belief,
each of the undersigned certifies that the information with respect to it set
forth in this statement is true, complete, and correct.
Dated: February 16, 2005
RAMIUS CAPITAL GROUP, LLC RCG CARPATHIA MASTER FUND, LTD.
By: C4S & Co., L.L.C., By: Ramius Capital Group, LLC,
as Managing Member its Investment Advisor
By: /s/ Jeffrey M. Solomon By: C4S & Co., L.L.C.,
----------------------------- as Managing Member
Name: Jeffrey M. Solomon
Title: Managing Member By: /s/ Jeffrey M. Solomon
---------------------------------
Name: Jeffrey M. Solomon
Title: Managing Member
SPhinX Distressed (RCG Carpathia), RCG CRIMSON, LP
Segregated Portfolio
By: Ramius Capital Group, LLC,
By: Ramius Capital Group, LLC, its General Partner
its Portfolio Manager
By: C4S & Co., L.L.C.,
By: C4S & Co., L.L.C., as Managing Member
its Managing Member
By: /s/ Jeffrey M. Solomon
---------------------------------
By: /s/ Jeffrey M. Solomon Name: Jeffrey M. Solomon
----------------------------- Title: Managing Member
Name: Jeffrey M. Solomon
Title: Managing Member
RCG HALIFAX FUND, LTD. RAMIUS MASTER FUND, LTD.
By: Ramius Capital Group, LLC, By: Ramius Advisors, LLC,
its Investment Advisor its Investment Advisor
By: C4S & Co., L.L.C., By: Ramius Capital Group, LLC,
as Managing Member its Managing Member
By: /s/ Jeffrey M. Solomon By: C4S & Co., L.L.C.,
----------------------------- as Managing Member
Name: Jeffrey M. Solomon
Title: Managing Member By: /s/ Jeffrey M. Solomon
---------------------------------
Name: Jeffrey M. Solomon
Title: Managing Member
CUSIP No. 31865X106 13G Page 23 of 25 Pages
RAMIUS ADVISORS, LLC RCG MULTI-STRATEGY MASTER FUND, LTD.
By: Ramius Capital Group, LLC, By: RCG Asia Advisors, LLC,
its Managing Member its Investment Advisor
By: C4S & Co., L.L.C., By: Ramius Capital Group, LLC,
as Managing Member its Managing Member
By: /s/ Jeffrey M. Solomon By: C4S & Co., L.L.C.,
----------------------------- as Managing Member
Name: Jeffrey M. Solomon
Title: Managing Member By: /s/ Jeffrey M. Solomon
---------------------------------
Name: Jeffrey M. Solomon
Title: Managing Member
RCG ASIA ADVISORS, LLC RAMIUS SECURITIES, L.L.C.
By: Ramius Capital Group, LLC, By: Ramius Capital Group, LLC,
its Managing Member its Managing Member
By: C4S & Co., L.L.C., By: C4S & Co., L.L.C.,
as Managing Member its Managing Member
By: /s/ Jeffrey M. Solomon By: /s/ Jeffrey M. Solomon
----------------------------- ---------------------------------
Name: Jeffrey M. Solomon Name: Jeffrey M. Solomon
Title: Managing Member Title: Managing Member
C4S & CO., L.L.C. PETER A. COHEN
By: /s/ Jeffrey M. Solomon
-----------------------------
Name: Jeffrey M. Solomon
Title: Managing Member /s/ Peter A. Cohen
------------------------------------
MORGAN B. STARK THOMAS W. STRAUSS
/s/ Morgan B. Stark /s/ Thomas W. Strauss
----------------------------- -------------------------------------
JEFFREY M. SOLOMON
/s/ Jeffrey M. Solomon
-----------------------------
CUSIP No. 31865X106 13G Page 24 of 25 Pages
EXHIBIT I
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k)(1) of the Securities Exchange Act of
1934, as amended, the undersigned hereby agree to the joint filing with each
other of the attached statement on Schedule 13G, and all amendments thereto, and
that such statement and all amendments thereto, is made on behalf of each of
them.
IN WITNESS WHEREOF, the undersigned hereby executed this agreement on
February 16, 2005.
RAMIUS CAPITAL GROUP, LLC RCG CARPATHIA MASTER FUND, LTD.
By: C4S & Co., L.L.C., By: Ramius Capital Group, LLC,
as Managing Member its Investment Advisor
By: /s/ Jeffrey M. Solomon By: C4S & Co., L.L.C.,
------------------------- as Managing Member
Name: Jeffrey M. Solomon
Title: Managing Member By: /s/ Jeffrey M. Solomon
---------------------------------
Name: Jeffrey M. Solomon
Title: Managing Member
SPhinX Distressed (RCG Carpathia), RCG CRIMSON, LP
Segregated Portfolio
By: Ramius Capital Group, LLC,
By: Ramius Capital Group, LLC, its General Partner
its Portfolio Manager
By: C4S & Co., L.L.C.,
By: C4S & Co., L.L.C., as Managing Member
its Managing Member
By: /s/ Jeffrey M. Solomon
By: /s/ Jeffrey M. Solomon ---------------------------------
------------------------- Name: Jeffrey M. Solomon
Name: Jeffrey M. Solomon Title: Managing Member
Title: Managing Member
RCG HALIFAX FUND, LTD. RAMIUS MASTER FUND, LTD.
By: Ramius Capital Group, LLC, By: Ramius Advisors, LLC,
its Investment Advisor its Investment Advisor
By: C4S & Co., L.L.C., By: Ramius Capital Group, LLC,
as Managing Member its Managing Member
By: /s/ Jeffrey M. Solomon By: C4S & Co., L.L.C.,
------------------------- as Managing Member
Name: Jeffrey M. Solomon
Title: Managing Member By: /s/ Jeffrey M. Solomon
Name: Jeffrey M. Solomon
Title: Managing Member
CUSIP No. 31865X106 13G Page 25 of 25 Pages
RAMIUS ADVISORS, LLC RCG MULTI-STRATEGY MASTER FUND, LTD.
By: Ramius Capital Group, LLC, By: RCG Asia Advisors, LLC,
its Managing Member its Investment Advisor
By: C4S & Co., L.L.C., By: Ramius Capital Group, LLC,
as Managing Member its Managing Member
By: /s/ Jeffrey M. Solomon By: C4S & Co., L.L.C.,
------------------------- as Managing Member
Name: Jeffrey M. Solomon
Title: Managing Member By: /s/ Jeffrey M. Solomon
---------------------------------
Name: Jeffrey M. Solomon
Title: Managing Member
RCG ASIA ADVISORS, LLC RAMIUS SECURITIES, L.L.C.
By: Ramius Capital Group, LLC, By: Ramius Capital Group, LLC,
its Managing Member its Managing Member
By: C4S & Co., L.L.C., By: C4S & Co., L.L.C.,
as Managing Member its Managing Member
By: /s/ Jeffrey M. Solomon By: /s/ Jeffrey M. Solomon
------------------------- ---------------------------------
Name: Jeffrey M. Solomon Name: Jeffrey M. Solomon
Title: Managing Member Title: Managing Member
C4S & CO., L.L.C. PETER A. COHEN
By: /s/ Jeffrey M. Solomon
-------------------------
Name: Jeffrey M. Solomon /s/ Peter A. Cohen
Title: Managing Member ----------------------------
MORGAN B. STARK THOMAS W. STRAUSS
/s/ Morgan B. Stark /s/ Thomas W. Strauss
------------------------- --------------------------
JEFFREY M. SOLOMON
/s/ Jeffrey M. Solomon
-------------------------