-----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, N3bU5YUblZbJ3inkqlsPhJLw/RDdcXX9ouEgF1tIuRfEEpLC1bTeyBySuBgxQpo4 mej4uxa1YuG9WA2b2C4rgw== 0001164073-07-000049.txt : 20071126 0001164073-07-000049.hdr.sgml : 20071126 20071126153944 ACCESSION NUMBER: 0001164073-07-000049 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20071126 DATE AS OF CHANGE: 20071126 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Avantair, Inc CENTRAL INDEX KEY: 0001303849 STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, NONSCHEDULED [4522] IRS NUMBER: 201635240 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-80587 FILM NUMBER: 071266242 BUSINESS ADDRESS: STREET 1: 4311 GENERAL HOWARD DR CITY: CLEARWATER STATE: FL ZIP: 33762 BUSINESS PHONE: 727-539-0071 MAIL ADDRESS: STREET 1: 4311 GENERAL HOWARD DR CITY: CLEARWATER STATE: FL ZIP: 33762 FORMER COMPANY: FORMER CONFORMED NAME: Ardent Acquisition CORP DATE OF NAME CHANGE: 20040922 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: HUMMINGBIRD MANAGEMENT LLC CENTRAL INDEX KEY: 0001164073 IRS NUMBER: 134082842 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 460 PARK AVENUE, 12TH FL CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2125210974 MAIL ADDRESS: STREET 1: 460 PARK AVENUE, 12TH FL CITY: NEW YORK STATE: NY ZIP: 10022 FORMER COMPANY: FORMER CONFORMED NAME: MORNINGSIDE VALUE INVESTORS LLC DATE OF NAME CHANGE: 20011226 SC 13D/A 1 aair13da-071126.txt SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 -------------- SCHEDULE 13D (RULE 13D-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13D-1(A) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13D-2(A) Amendment #1 Avantair, Inc. -------------- (Name of Issuer) Common Stock, par value $0.0001 per share, (Title of Class of Securities) 03979E100 --------- (CUSIP Number) Paul D. Sonkin Hummingbird Management, LLC 460 Park Avenue, 12th Floor New York, New York 10022 212 750-7117 ------------------------ (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) November 13, 2007 ----------------- (Date of Event Which Requires Filing of This Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box /_/. Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7(b) for other parties to whom copies are to be sent. - -------- 1 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 disclosures provided in a prior cover page. The information required on 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 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). - ------------------------ ---------------------------- CUSIP No. 03979E100 13D/A Page 2 of 11 Pages - ------------------------ ---------------------------- ================================================================================ 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Hummingbird Management, LLC IRS No. 13-4082842 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) /x/ - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS OO - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) / / - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY 3,015,981** OWNED BY EACH REPORTING PERSON WITH ----------------------------------------------------------------- 8 SHARED VOTING POWER -0- ----------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 3,015,981** ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,015,981** - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / / - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 18.1** - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* OO - -------------------------------------------------------------------------------- **The Reporting Parties own approximately 10.6% of the Company's outstanding common stock. The calculation of the shares and percentage set forth above assumes the exercise by the Reporting Parties of 1,173,590 presently exercisable warrants acquired in connection with the Company's initial public offering and in subsequent open market purchases, and 233,010 Shares that may be acquired upon the conversion of 12,000 Series A Convertable Preferred Stock into Common stock at the ratio of 19.417 Common Stock per each Series A Preferred Share. The Reporting Parties have not yet exercised any of the warrants or converted any of the Preferred Shares. In connection with the company's initial public offering, the company had 14,546,000 exercisable warrants outstanding. This calculation does not assume the conversion of any warrants or Series A Preferred Stock held by security holders other than the Reporting Parties, whether or not exercisable. - ------------------------ ---------------------------- CUSIP No. 03979E100 13D/A Page 3 of 11 Pages - ------------------------ ---------------------------- ================================================================================ 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Paul D. Sonkin - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) /x/ - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS OO - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) / / - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION UNITED STATES - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY 3,247,481** OWNED BY EACH REPORTING PERSON WITH ----------------------------------------------------------------- 8 SHARED VOTING POWER -0- ----------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 3,247,481** ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,247,481** - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 19.3%** - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON OO - -------------------------------------------------------------------------------- **The Reporting Parties own approximately 10.7% of the Company's outstanding common stock. In addition, Mr. Sonkin owns 231,500 Warrants in his and Mrs. Sonkin's IRA and brokerage Accounts. The calculation of the shares and percentage set forth above assumes the exercise by the Reporting Parties of 1,405,090 presently exercisable warrants acquired in connection with the Company's initial public offering and in subsequent open market purchases, and 233,010 Shares that may be acquired upon the conversion of 12,000 Series A Convertable Preferred Stock into Common stock at the ratio of 19.417 Common Stock per each Series A Preferred Share. The Reporting Parties have not yet exercised any of the warrants or converted any of the Preferred Shares. In connection with the company's initial public offering, the company had 14,546,000 exercisable warrants outstanding. This calculation does not assume the conversion of any warrants or Series A Preferred Stock held by security holders other than the Reporting Parties, whether or not exercisable. . - ------------------------ ---------------------------- CUSIP No. 03979E100 13D/A Page 4 of 11 Pages - ------------------------ ---------------------------- ================================================================================ 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Hummingbird Capital, LLC - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) /x/ - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS OO - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) / / - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY 3,015,981** OWNED BY EACH REPORTING PERSON WITH ----------------------------------------------------------------- 8 SHARED VOTING POWER -0- ----------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 3,015,981** ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,015,981 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / / - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 18.1%** - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* OO - -------------------------------------------------------------------------------- **The Reporting Parties own approximately 10.6% of the Company's outstanding common stock. The calculation of the shares and percentage set forth above assumes the exercise by the Reporting Parties of 1,173,590 presently exercisable warrants acquired in connection with the Company's initial public offering and in subsequent open market purchases, and 233,010 Shares that may be acquired upon the conversion of 12,000 Series A Convertable Preferred Stock into Common stock at the ratio of 19.417 Common Stock per each Series A Preferred Share. The Reporting Parties have not yet exercised any of the warrants or converted any of the Preferred Shares. In connection with the company's initial public offering, the company had 14,546,000 exercisable warrants outstanding. This calculation does not assume the conversion of any warrants or Series A Preferred Stock held by security holders other than the Reporting Parties, whether or not exercisable. ================================================================================ - ------------------------ ---------------------------- CUSIP No. 03979E100 13D/A Page 5 of 11 Pages - ------------------------ ---------------------------- ================================================================================ 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Hummingbird Value Fund, L.P. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) /X/ - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS WC - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) / / - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY 708,588** OWNED BY EACH REPORTING PERSON WITH ----------------------------------------------------------------- 8 SHARED VOTING POWER -0- ----------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 708,588** ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 708,588** - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / / - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 4.3%** - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON LP - ------------------------------------------------------------------------------- **See Item 5 (a) ================================================================================ - ------------------------ ---------------------------- CUSIP No. 03979E100 13D/A Page 6 of 11 Pages - ------------------------ ---------------------------- ================================================================================ 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Hummingbird Microcap Value Fund, L.P. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) /X/ - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS WC - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) / / - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY 927,527** OWNED BY EACH REPORTING PERSON WITH ----------------------------------------------------------------- 8 SHARED VOTING POWER -0- ----------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 927,527** ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 927,527** - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* / / - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.6%** - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON LP - ------------------------------------------------------------------------------- **See Item 5 (a) ================================================================================ - ------------------------ ---------------------------- CUSIP No. 03979E100 13D/A Page 7 of 11 Pages - ------------------------ ---------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Hummingbird Concentrated Fund, L.P. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / / (b) /X/ - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS WC - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) / / - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES BENEFICIALLY 1,379,866** OWNED BY EACH REPORTING PERSON WITH ----------------------------------------------------------------- 8 SHARED VOTING POWER -0- ----------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 1,379,866** ----------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,379,86** - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / / - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 8.3%** - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON LP - ------------------------------------------------------------------------------- **See Item 5 (a) ================================================================================ - ------------------------ ---------------------------- CUSIP No. 03979E100 13D/A Page 8 of 11 Pages - ------------------------ ---------------------------- AMENDMENT NO. 1 TO SCHEDULE 13D This Amendment No. 1, dated November 26, 2007, to Schedule 13D is filed by the Reporting Persons and amends Schedule 13D as previously filed by the Reporting Persons with the Securities and Exchange Commission on March 2, 2007 (the "Schedule 13D"), relating to the Common Stock, par value $0.0001 per share, of Avantair, Inc., a Delaware Corporation. Items 3 and 5 of the Schedule 13D are hereby amended and restated, as follows: ITEM 3 SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION As of November 26, 2007, Hummingbird has caused HVF, Microcap Fund, and Concentrated Fund to invest approximately $2,178,200, $2,618,176, and $3,610,567, respectively, in the Shares of the Issuer using their working capital. ITEM 5 INTEREST IN SECURITIES OF THE ISSUER (a) As investment manager of HVF, Microcap Fund, and Concentrated Fund, Hummingbird may be deemed to have the sole voting and investment authority over the Shares owned by HVF, Microcap Fund, and Concentrated Fund, for purposes of Rule 13d-3 under the Securities Exchange Act of 1934, as amended ("Rule 13d-3"), may be deemed to be the beneficial owner of 3,015,981 Shares representing approximately 18.1% of the outstanding Shares of the Issuer (based upon 15,220,817 Shares outstanding as of November 14, 2007 as reported on Form 10-Q for the quarter ending September 30,2007, plus 1,173,590 Shares that may be acquired upon the exercise of the Warrants, plus 233,010 Shares that may be acquired upon conversion of the Series A Convertible Preferred Stock.) Hummingbird disclaims any beneficial ownership of the Shares covered by this Statement. Mr. Sonkin, as the managing member and control person of Hummingbird, may be deemed to have the sole voting and investment authority over the Shares beneficially owned by Hummingbird and, for purposes of Rule 13d-3, may be deemed to be the beneficial owner of 3,247,481 Shares representing approximately 19.3% of the outstanding Shares of the Issuer (based upon 15,220,817 Shares outstanding as of November 14, 2007 as reported on Form 10-Q for the quarter ending September 30,2007, plus 1,405,090 Shares that may be acquired upon the exercise of the Warrants, plus 233,010 Shares that may be acquired upon conversion of the Series A Convertible Preferred Stock.). Mr. Sonkin disclaims any beneficial ownership of the Shares covered by this Statement, other than the 231,500 warrants owned in his and Mrs. Sonkin's IRA and brokerage Accounts. - ------------------------ ---------------------------- CUSIP No. 03979E100 13D/A Page 9 of 11 Pages - ------------------------ ---------------------------- HC, as the general partner of each of HVF, Microcap Fund, and Concentrated Fund, may be deemed to have the sole voting and investment authority over the Shares owned by HVF, Microcap Fund, and Concentrated Fund, for purposes of Rule 13d-3 under the Securities Exchange Act of 1934, as amended ("Rule 13d-3"), may be deemed to be the beneficial owner of 3,015,981 Shares representing approximately 9.7% of the outstanding Shares of the Issuer (based upon 15,220,817 Shares outstanding as of November 14, 2007 as reported on Form 10-Q for the quarter ending September 30,2007, plus 1,173,590 Shares that may be acquired upon the exercise of the Warrants, plus 233,010 Shares that may be acquired upon conversion of the Series A Convertible Preferred Stock.) HC disclaims any beneficial ownership of the Shares covered by this Statement. HVF is the beneficial owner of 708,588 shares or 4.3% of the outstanding Shares of the Issuer, including 403,375 shares of Common Stock, 227,543 warrants, and 4000 Shares of Series A Convertible Preferred Stock, and assuming the exercise of all warrants owned by HVF, Microcap Fund and Concentrated Fund, and the conversion of all Series A Convertible Preferred Stock owned by HVF, Microcap Fund and Concentrated Fund. Microcap Fund is the beneficial owner of 927,527 shares or 5.6% of the outstanding Shares of the Issuer, including 474,607 shares of Common Stock, 375,250 warrants, and 4000 Shares of Series A Convertible Preferred Stock, and assuming the exercise of all warrants owned by HVF, Microcap Fund and Concentrated Fund, and the conversion of all Series A Convertible Preferred Stock owned by HVF, Microcap Fund and Concentrated Fund. Concentrated Fund is the beneficial owner of 1,379,866 SHARES or 8.3% of the outstanding Shares of the Issuer, including 731,399 shares of Common Stock, 570,797 warrants, and 4000 Shares of Series A Convertible Preferred Stock, and assuming the exercise of all warrants owned by HVF, Microcap Fund and Concentrated Fund, and the conversion of all Series A Convertible Preferred Stock owned by HVF, Microcap Fund and Concentrated Fund. Paul D. sonkin is the owner of 231,500 Warrants. (c) Hummingbird caused HVF to effect transactions in the Series A Convertible Preferred Stock duringthe past 60 days as set forth below:
NUMBER OF DATE TYPE SHARES PRICE/SHARE ---- ---- ------ ----------- 11/13/2007 private placement 4,000 100
Hummingbird caused the Microcap Fund to effect transactions in the Series A Convertible Preferred Stock duringthe past 60 days as set forth below:
NUMBER OF DATE TYPE SHARES PRICE/SHARE ---- ---- ------ ----------- 11/13/2007 private placement 4,000 100
Hummingbird caused the Concentrated Fund to effect transactions in the Series A Convertible Preferred Stock duringthe past 60 days as set forth below:
NUMBER OF DATE TYPE SHARES PRICE/SHARE ---- ---- ------ ----------- 11/13/2007 private placement 4,000 100
- ------------------------ ---------------------------- CUSIP No. 03979E100 13D/A Page 10 of 11 Pages - ------------------------ ---------------------------- (d) Inapplicable. (e) Inapplicable. SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct. Dated: November 26, 2007 HUMMINGBIRD MANAGEMENT, LLC By: /s/ Paul D. Sonkin --------------------------------- Name: Paul D. Sonkin Title: Managing Member /s/ Paul D. Sonkin ------------------------------------- PAUL D. SONKIN HUMMINGBIRD VALUE FUND, L.P. By: Hummingbird Capital, LLC By: /s/ Paul D. Sonkin --------------------------------- Name: Paul D. Sonkin Title: Managing Member HUMMINGBIRD MICROCAP VALUE FUND, L.P. By: Hummingbird Capital, LLC By: /s/ Paul D. Sonkin --------------------------------- Name: Paul D. Sonkin Title: Managing Member HUMMINGBIRD CONCENTRATED FUND, L.P. By: Hummingbird Capital, LLC By: /s/ Paul D. Sonkin --------------------------------- Name: Paul D. Sonkin Title: Managing Member HUMMINGBIRD CAPITAL, LLC By: /s/ Paul D. Sonkin --------------------------------- Name: Paul D. Sonkin Title: Managing Member Paul D. Sonkin -----END PRIVACY-ENHANCED MESSAGE-----