-----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, VcP7tZvEaHI0muSluDYr1mWH1wh85kTpVIYCSgN9tZJIgRE06cw9TKsSuYDJBo6m tN3WSftC9oNEIsAKvuNMgQ== 0001387742-07-000007.txt : 20070209 0001387742-07-000007.hdr.sgml : 20070209 20070209145524 ACCESSION NUMBER: 0001387742-07-000007 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070209 DATE AS OF CHANGE: 20070209 GROUP MEMBERS: SG AMERICAS, INC. GROUP MEMBERS: SG CAPITAL PARTNERS L.L.C. GROUP MEMBERS: SG MERCHANT BANKING FUND L.P. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ANADYS PHARMACEUTICALS INC CENTRAL INDEX KEY: 0001128495 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 223193172 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-79854 FILM NUMBER: 07597410 BUSINESS ADDRESS: STREET 1: 3115 MERRYFIELD ROW CITY: SAN DIEGO STATE: CA ZIP: 92121 BUSINESS PHONE: 8585303600 MAIL ADDRESS: STREET 1: 3115 MERRYFIELD ROW CITY: SAN DIEGO STATE: CA ZIP: 92121 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SG Merchant Banking Fund L P CENTRAL INDEX KEY: 0001387742 IRS NUMBER: 134052814 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 1221 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10020 BUSINESS PHONE: 646-562-1809 MAIL ADDRESS: STREET 1: 1221 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10020 SC 13G/A 1 anadyssgmbf_13ga-123106.txt UNITED STATES SECURITIES EXCHANGE COMMISSION Washington, D.C. 20549 - -------------------------------------------------------------------------------- SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 1) ANADYS PHARMACEUTICALS, INC. ---------------------------- (Name of Issuer) Common Stock, $.01 par value per share -------------------------------------- (Title of Class of Securities) 03252Q408 --------- (CUSIP Number) December 31, 2006 ----------------- (Date of Event which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1(b) [ ] Rule 13d-1(c) [X] 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 the purpose 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). Continued on following pages Page 1 of 10 Pages Exhibit Index: Page 9 SCHEDULE 13G CUSIP No.: 03252Q408 Page 2 of 10 Pages ................................................................................. 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). SG MERCHANT BANKING FUND L.P. ................................................................................. 2. Check the Appropriate Box if a Member of a Group (a) [ ] (b) [X] ................................................................................. 3. SEC Use Only ................................................................................. 4. Citizenship or Place of Organization Delaware ................................................................................. Number of 5. Sole Voting Power: 0 Shares Beneficially 6. Shared Voting Power: 690,379 Owned by Each 7. Sole Dispositive Power: 0 Reporting Person With 8. Shared Dispositive Power: 690,379 ................................................................................. 9. Aggregate Amount Beneficially Owned by Each Reporting Person 690,379 ................................................................................. 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [X] ................................................................................. 11. Percent of Class Represented by Amount in Row (9) 2.43% ................................................................................. 12. Type of Reporting Person: PN SCHEDULE 13G CUSIP No.: 03252Q408 Page 3 of 10 Pages ................................................................................. 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). SG CAPITAL PARTNERS L.L.C. ................................................................................. 2. Check the Appropriate Box if a Member of a Group (a) [ ] (b) [X] ................................................................................. 3. SEC Use Only ................................................................................. 4. Citizenship or Place of Organization Delaware ................................................................................. Number of 5. Sole Voting Power: 0 Shares Beneficially 6. Shared Voting Power: 609,379 Owned by Each 7. Sole Dispositive Power: 0 Reporting Person With 8. Shared Dispositive Power: 690,379 ................................................................................. 9. Aggregate Amount Beneficially Owned by Each Reporting Person 690,379 /1/ ................................................................................. 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [X] ................................................................................. 11. Percent of Class Represented by Amount in Row (9) 2.43% ................................................................................. 12. Type of Reporting Person: OO - ---------------------------- /1/ SG Capital Partners L.L.C. disclaims beneficial ownership of the Shares held for the account of SG Merchant Banking Fund L.P. SCHEDULE 13G CUSIP No.: 03252Q408 Page 4 of 10 Pages ................................................................................. 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). SG Americas, Inc. ................................................................................. 2. Check the Appropriate Box if a Member of a Group (a) [ ] (b) [X] ................................................................................. 3. SEC Use Only ................................................................................. 4. Citizenship or Place of Organization Delaware ................................................................................. Number of 5. Sole Voting Power: 0 Shares Beneficially 6. Shared Voting Power: 935,174 Owned by Each 7. Sole Dispositive Power: 0 Reporting Person With 8. Shared Dispositive Power: 935,174 ................................................................................. 9. Aggregate Amount Beneficially Owned by Each Reporting Person 935,174 /2/ ................................................................................. 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [X] ................................................................................. 11. Percent of Class Represented by Amount in Row (9) 3.29% ................................................................................. 12. Type of Reporting Person: CO - ---------------------------- /2/ SG Americas, Inc. disclaims beneficial ownership of the Shares held for the account of SG Merchant Banking Fund L.P. Page 5 of 10 Pages Item 1(a). Name of Issuer: Anadys Pharmaceuticals, Inc. (the "Issuer") Item 1(b). Address of Issuer's Principal Executive Offices: 3115 Merryfield Row, San Diego, CA 92121 Item 2(a). Name of Person Filing This Statement is filed on behalf of each of the following persons (collectively, the "Reporting Persons"): i) SG Merchant Banking Fund L.P. ("SG Merchant Banking Fund"); ii) SG Capital Partners L.L.C. ("SG Capital Partners"); and iii) SG Americas, Inc. ("SG Americas") This Amendment No. 1 to Schedule 13G relates to Shares (as defined herein) held for the accounts of SG Merchant Banking Fund (previously held by SGC Partners I LLC) /3/ and SG Ventures I, L.P. (formerly SG Cowen Ventures I,L.P.), a Delaware limited partnership ("SG Ventures I") the general partner of SG Merchant Banking Fund is SG Capital Partners and the managing member /4/ of SG Capital Partners is SG Americas. In such capacities, SG Merchant Banking Fund, SG Capital Partners and SG Americas may be deemed to have voting and investment power over the Shares held for the account of SG Merchant Banking Fund. The general partner of SG Ventures I is Societe Generale Investment Corporation ("SGIC"). SG Americas is the parent of SGIC. In such capacities, SGIC and SG Americas may be deemed to have voting and investment power over the Shares held for the account of SG Ventures I. - --------------------------- /3/ Effective July 3, 2006, the Shares previously held for the account of SGC Partners I were transferred to SG Merchant Banking Fund L.P., the sole member of SGC Partners I, without consideration, pursuant to the distribution agreement between SGC Partners I and SG Merchant Banking Fund, the sole member of SGC Partners I. /4/ Effective July 12, 2006, Cowen and Company, LLC (previously known as SG Cowen), resigned as the managing member of SG Capital Partners and at the same time SG Americas was appointed as the managing member of SG Capital Partners. Item 2(b). Address of Principal Business Office or, if None, Residence The address of the principal business office of each of the Reporting Persons is 1221 Avenue of the Americas, New York, New York 10020. Item 2(c). Citizenship i) SG Merchant Banking Fund is a Delaware limited partnership; ii) SG Capital Partners is a Delaware limited liability company; and iii) SG Americas is a Delaware corporation Page 6 of 10 Pages Item 2(d). Title of Class of Securities: Common Stock, $.01 par value per share (the "Shares"). Item 2(e). CUSIP Number: 03252Q408 Item 3. If this Statement is Filed Pursuant to ss.ss.240.13d-1(b) or 240.13d-2(b) or (c), Check Whether the Person Filing is a: (a) [ ] Broker or dealer registered under Section 15 of the Exchange Act. (b) [ ] Bank as defined in Section 3(a)(6) of the Exchange Act. (c) [ ] Insurance company as defined in Section 3(a)(19) of the Exchange Act. (d) [ ] Investment company registered under Section 8 of the Investment Company Act. (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. (i) [ ] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act. (j) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J). Item 4. Ownership: Item 4(a). Amount Beneficially Owned: As of February 9, 2007: (i) Each of SG Merchant Banking Fund and SG Capital Partners may be deemed to beneficially own the 690,379 Shares held for the account of SG Merchant Banking Fund. (ii) SG Americas may be deemed to beneficially own 935,174 shares. This amount consists of (A) 244,795 Shares held for the account of SG Ventures I and (B) 690,379 Shares held for the account of SG Merchant Banking Fund. Item 4(b). Percent of Class: (i) The number of Shares of which SG Merchant Banking Fund and SG Capital Partners may be deemed to be the beneficial owner constitutes approximately 2.43% of the total number of Shares outstanding (based upon information provided by the Issuer in its most recently filed quarterly report on Form 10-Q filed on November 3, 2006). (ii) The number of Shares of which SG Americas may be deemed to beneficially own constitutes approximately 3.29% of the total number of Shares outstanding. Page 7 of 10 Pages Item 4(c). Number of Shares of which such person has: SG Merchant Banking Fund and SG Capital Partners: - ----------------------------------------------------------------- (i) Sole power to vote or direct the vote: 0 (ii) Shared power to vote or direct the vote: 690,379 (iii) Sole power to dispose or direct the disposition of: 0 (iv) Shared power to dispose or direct the disposition of: 690,379 SG Americas: - --------- (i) Sole power to vote or direct the vote: 0 (ii) Shared power to vote or direct the vote: 935,174 (iii) Sole power to dispose or direct the disposition of: 0 (iv) Shared power to dispose or direct the disposition of: 935,174 Item 5. Ownership of Five Percent or Less of a Class: This Item 5 is not applicable. Item 6. Ownership of More than Five Percent on Behalf of Another Person: This Item 6 is not applicable Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company: This Item 7 is not applicable. Item 8. Identification and Classification of Members of the Group: This Item 8 is not applicable. Item 9. Notice of Dissolution of Group: This Item 9 is not applicable. Item 10. Certification: This Item 10 is not applicable. Page 8 of 10 Pages SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. Date: February 9, 2007 SG MERCHANT BANKING FUND L.P. By: SG Capital Partners L.L.C. Its General Partner By: SG Americas, Inc. Its Managing Member By: /s/ Governor Tipton -------------------------- Name: Governor Tipton Title: Secretary Date: February 9, 2007 SG CAPITAL PARTNERS L.L.C. By: SG Americas, Inc. Its Managing Member By: /s/ Governor Tipton --------------------------- Name: Governor Tipton Title: Secretary Date: February 9, 2007 SG AMERICAS, Inc. By: /s/ Governor Tipton --------------------------- Name: Governor Tipton Title: Secretary Page 9 of 10 Pages EXHIBIT INDEX Ex. Page No. - --- -------- A. Joint Filing Agreement, dated February 9, 2007 by and among SG Merchant Banking Fund L.P., and SG Capital Partners L.L.C. ............................................ 10 Page 10 of 10 Pages EXHIBIT A JOINT FILING AGREEMENT The undersigned hereby agree that the statement on Schedule 13G with respect to the Common Stock of Anadys Pharmaceuticals, Inc. dated as of February 9, 2007 is, and any amendments thereto (including amendments on Schedule 13D) signed by each of the undersigned shall be, filed on behalf of each of us pursuant to and in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended. Date: February 9, 2007 SG MERCHANT BANKING FUND L.P. By: SG Capital Partners L.L.C. Its General Partner By: SG Americas, Inc. Its Managing Member By: /s/ Governor Tipton -------------------------- Name: Governor Tipton Title: Secretary Date: February 9, 2007 SG CAPITAL PARTNERS L.L.C. By: SG Americas, Inc. Its Managing Member By: /s/ Governor Tipton --------------------------- Name: Governor Tipton Title: Secretary Date: February 9, 2007 SG AMERICAS, INC. By: /s/ Governor Tipton --------------------------- Name: Governor Tipton Title: Secretary -----END PRIVACY-ENHANCED MESSAGE-----