-----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, UAX2vN2a8iHVNJ2epmf0T0F+XTm8P1koK+wjgLYH2scetAJx+WC/BZ1kYHcmTJSO KNwdKUaRn+g77uSM22fzgQ== 0001341004-07-000617.txt : 20070214 0001341004-07-000617.hdr.sgml : 20070214 20070214173122 ACCESSION NUMBER: 0001341004-07-000617 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20070214 DATE AS OF CHANGE: 20070214 GROUP MEMBERS: DRAWBRIDGE SPECIAL OPPORTUNITIES ADVISORS LLC GROUP MEMBERS: DRAWBRIDGE SPECIAL OPPORTUNITIES FUND LP GROUP MEMBERS: DRAWBRIDGE SPECIAL OPPORTUNITIES GP LLC GROUP MEMBERS: FIG CORP. GROUP MEMBERS: FIG LLC GROUP MEMBERS: FORTRESS OPERATING ENTITY I LP GROUP MEMBERS: FORTRESS PRINCIPAL INVESTMENT HOLDINGS IV LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ACA Capital Holdings Inc CENTRAL INDEX KEY: 0001304623 STANDARD INDUSTRIAL CLASSIFICATION: SURETY INSURANCE [6351] IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-82209 FILM NUMBER: 07623088 BUSINESS ADDRESS: STREET 1: 140 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10004 BUSINESS PHONE: 212-375-2000 MAIL ADDRESS: STREET 1: 140 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10004 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Fortress Investment Group LLC CENTRAL INDEX KEY: 0001380393 STANDARD INDUSTRIAL CLASSIFICATION: INVESTMENT ADVICE [6282] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 1345 AVENUE OF THE AMERICAS STREET 2: 46TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10105 BUSINESS PHONE: 212-798-6100 MAIL ADDRESS: STREET 1: 1345 AVENUE OF THE AMERICAS STREET 2: 46TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10105 FORMER COMPANY: FORMER CONFORMED NAME: Fortress Investment Group Holdings LLC DATE OF NAME CHANGE: 20061107 SC 13G 1 aca13g.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. ___________)* ACA Capital Holdings Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $0.10 per share - -------------------------------------------------------------------------------- (Title of Class of Securities) 000833103 - -------------------------------------------------------------------------------- (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). SCHEDULE 13G - -------------------------------------------------------------------------------- CUSIP No. 000833103 Page 2 of 14 Pages - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON - -------------------------------------------------------------------------------- S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Drawbridge Special Opportunities Fund LP - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) | | (b) | x | - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF -0- SHARES ----------------------------------------------------- 6 SHARED VOTING POWER BENEFICIALLY -963,236.5- OWNED BY ----------------------------------------------------- 7 SOLE DISPOSITIVE POWER EACH -0- REPORTING ----------------------------------------------------- 8 SHARED DISPOSITIVE POWER PERSON -963,236.5- WITH - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON -963,236.5- - -------------------------------------------------------------------------------- 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 2.6% (based on 36,523,281 shares of common stock outstanding as of December 15, 2006) - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON (See Instructions) PN - -------------------------------------------------------------------------------- SCHEDULE 13G - -------------------------------------------------------------------------------- CUSIP No. 000833103 Page 3 of 14 Pages - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON - -------------------------------------------------------------------------------- S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Drawbridge Special Opportunities GP LLC - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) | | (b) | x | - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF -0- SHARES ----------------------------------------------------- 6 SHARED VOTING POWER BENEFICIALLY -963,236.5-* OWNED BY ----------------------------------------------------- 7 SOLE DISPOSITIVE POWER EACH -0- REPORTING ----------------------------------------------------- 8 SHARED DISPOSITIVE POWER PERSON -963,236.5-* WITH - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON -963,236.5- - -------------------------------------------------------------------------------- 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 2.6% (based on 36,523,281 shares of common stock outstanding as of December 15, 2006) - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON (See Instructions) OO - -------------------------------------------------------------------------------- * Solely in its capacity as the general partner of Drawbridge Special Opportunities Fund LP. SCHEDULE 13G - -------------------------------------------------------------------------------- CUSIP No. 000833103 Page 4 of 14 Pages - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON - -------------------------------------------------------------------------------- S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Fortress Principal Investment Holdings IV LLC - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) | | (b) | x | - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF -0- SHARES ----------------------------------------------------- 6 SHARED VOTING POWER BENEFICIALLY -963,236.5-* OWNED BY ----------------------------------------------------- 7 SOLE DISPOSITIVE POWER EACH -0- REPORTING ----------------------------------------------------- 8 SHARED DISPOSITIVE POWER PERSON -963,236.5-* WITH - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON -963,236.5- - -------------------------------------------------------------------------------- 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 2.6% (based on 36,523,281 shares of common stock outstanding as of December 15, 2006) - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON (See Instructions) OO - -------------------------------------------------------------------------------- * Solely in its capacity as the managing member of Drawbridge Special Opportunities GP LLC. SCHEDULE 13G - -------------------------------------------------------------------------------- CUSIP No. 000833103 Page 5 of 14 Pages - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON - -------------------------------------------------------------------------------- S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Drawbridge Special Opportunities Advisors LLC - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) | | (b) | x | - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF -0- SHARES ----------------------------------------------------- 6 SHARED VOTING POWER BENEFICIALLY -963,236.5-* OWNED BY ----------------------------------------------------- 7 SOLE DISPOSITIVE POWER EACH -0- REPORTING ----------------------------------------------------- 8 SHARED DISPOSITIVE POWER PERSON -963,236.5-* WITH - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON -963,236.5- - -------------------------------------------------------------------------------- 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 2.6% (based on 36,523,281 shares of common stock outstanding as of December 15, 2006) - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON (See Instructions) OO - -------------------------------------------------------------------------------- * Solely in its capacity as the investment advisor of Drawbridge Special Opportunities Fund LP. SCHEDULE 13G - -------------------------------------------------------------------------------- CUSIP No. 000833103 Page 6 of 14 Pages - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON - -------------------------------------------------------------------------------- S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON FIG LLC - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) | | (b) | x | - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF -0- SHARES ----------------------------------------------------- 6 SHARED VOTING POWER BENEFICIALLY -963,236.5-* OWNED BY ----------------------------------------------------- 7 SOLE DISPOSITIVE POWER EACH -0- REPORTING ----------------------------------------------------- 8 SHARED DISPOSITIVE POWER PERSON -963,236.5-* WITH - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON -963,236.5- - -------------------------------------------------------------------------------- 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 2.6% (based on 36,523,281 shares of common stock outstanding as of December 15, 2006) - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON (See Instructions) OO - -------------------------------------------------------------------------------- * Solely in its capacity as the sole managing member of Drawbridge Special Opportunities Advisors LLC. SCHEDULE 13G - -------------------------------------------------------------------------------- CUSIP No. 000833103 Page 7 of 14 Pages - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON - -------------------------------------------------------------------------------- S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Fortress Operating Entity I LP - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) | | (b) | x | - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF -0- SHARES ----------------------------------------------------- 6 SHARED VOTING POWER BENEFICIALLY -963,236.5-* OWNED BY ----------------------------------------------------- 7 SOLE DISPOSITIVE POWER EACH -0- REPORTING ----------------------------------------------------- 8 SHARED DISPOSITIVE POWER PERSON -963,236.5-* WITH - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON -963,236.5- - -------------------------------------------------------------------------------- 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 2.6% (based on 36,523,281 shares of common stock outstanding as of December 15, 2006) - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON (See Instructions) PN - -------------------------------------------------------------------------------- * Solely in its capacity as the holder of all of the issued and outstanding shares of beneficial ownership of FIG LLC and Fortress Principal Investment Holdings IV LLC. SCHEDULE 13G - -------------------------------------------------------------------------------- CUSIP No. 000833103 Page 8 of 14 Pages - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON - -------------------------------------------------------------------------------- S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON FIG Corp. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) | | (b) | x | - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF -0- SHARES ----------------------------------------------------- 6 SHARED VOTING POWER BENEFICIALLY -963,236.5-* OWNED BY ----------------------------------------------------- 7 SOLE DISPOSITIVE POWER EACH -0- REPORTING ----------------------------------------------------- 8 SHARED DISPOSITIVE POWER PERSON -963,236.5-* WITH - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON -963,236.5- - -------------------------------------------------------------------------------- 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 2.6% (based on 36,523,281 shares of common stock outstanding as of December 15, 2006) - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON (See Instructions) CO - -------------------------------------------------------------------------------- * Solely in its capacity as the general partner of Fortress Operating Entity I LP. SCHEDULE 13G - -------------------------------------------------------------------------------- CUSIP No. 000833103 Page 9 of 14 Pages - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON - -------------------------------------------------------------------------------- S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Fortress Investment Group LLC - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) | | (b) | x | - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF -0- SHARES ----------------------------------------------------- 6 SHARED VOTING POWER BENEFICIALLY -963,236.5-* OWNED BY ----------------------------------------------------- 7 SOLE DISPOSITIVE POWER EACH -0- REPORTING ----------------------------------------------------- 8 SHARED DISPOSITIVE POWER PERSON -963,236.5-* WITH - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON -963,236.5- - -------------------------------------------------------------------------------- 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 2.6% (based on 36,523,281 shares of common stock outstanding as of December 15, 2006) - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON (See Instructions) OO - -------------------------------------------------------------------------------- * Solely in its capacity as the holder of all of the issued and outstanding shares of beneficial ownership of FIG Corp. Item 1. (a) Name of Issuer: The name of the issuer is ACA Capital Holdings Inc. (the "Issuer"). (b) Address of Issuer's Principal Executive Offices: The Issuer's principal executive offices are located at 140 Broadway, New York, New York 10005. Item 2. (a) Name of Person Filing: This statement is filed by: (i) Drawbridge Special Opportunities Fund LP, a Delaware limited partnership directly owns the shares described herein; (ii) Drawbridge Special Opportunities GP LLC, a Delaware limited liability company, is the general partner of Drawbridge Special Opportunities Fund LP; (iii) Fortress Principal Investment Holdings IV LLC, a Delaware limited liability company, is the sole managing member of Drawbridge Special Opportunities GP LLC; (iv) Drawbridge Special Opportunities Advisors LLC, a Delaware limited liability company, is investment advisor to Drawbridge Special Opportunities Fund LP; (v) FIG LLC, a Delaware limited liability company, is the sole managing member of Drawbridge Special Opportunities Advisors LLC; (vi) Fortress Operating Entity I LP, a Delaware partnership, is the holder of all of the issued and outstanding shares of beneficial ownership of FIG LLC and Fortress Principal Investment Holdings IV LLC; (vii) FIG Corp., a Delaware corporation, is the general partner of Fortress Operating Entity I LP; and (viii) Fortress Investment Group LLC, a Delaware limited liability company, is the holder of all of the issued and outstanding shares of beneficial ownership of FIG Corp. The foregoing persons are hereinafter sometimes collectively referred to as the "Reporting Persons." Any disclosures herein with respect to persons other than the Reporting Persons are made on information and belief after making inquiry to the appropriate party. (b) Address of Principal Business Office, or if none, Residence: The address of the business office of each of the Reporting Persons is c/o Fortress Investment Group Holdings LLC, 1345 Avenue of the Americas, 46th Floor, New York, New York 10105, Attention: Michael Cohn. (c) Citizenship: Each of Drawbridge Special Opportunities GP LLC, Fortress Principal Investment Holdings IV LLC, Drawbridge Special Opportunities Advisors LLC, FIG LLC, and Fortress Investment Group LLC is a limited liability company organized under the laws of the State of Delaware. Each of Fortress Operating Entity I LP and Drawbridge Special Opportunities LP is a limited partnership organized under the laws of the State of Delaware. FIG Corp. is a corporation organized under the laws of the State of Delaware. (d) Title of Class of Securities: Common Shares, par value $0.10 per share (the "Common Shares") (e) CUSIP Number: 000833103 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 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 (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 ss.240.13d-1(b)(1)(ii)(E). (f) [ ] An employee benefit plan or endowment fund in accordance with ss.240.13d-1(b)(1)(ii)(F). (g) [ ] A parent holding company or control person in accordance with ss.240.13d-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 ss.240.13d-1(b)(1)(ii)(J). Item 4. Ownership. The percentages used in this Item 4 are calculated based upon 36,523,281 shares of Common Stock issued and outstanding as of December 15, 2006 as reported in the Issuer's Form 10-Q for the quarter ended September 30, 2006. A. Drawbridge Special Opportunities Fund LP (a) Amount beneficially owned: -963,236.5- (b) Percent of class: 2.6% (c) (i) Sole power to vote or direct the vote: -0- (ii) Shared power to vote or direct the vote: -963,236.5- (iii) Sole power to dispose or direct the disposition: -0- (iv) Shared power to dispose or direct the disposition: -963,236.5- B. Drawbridge Special Opportunities GP LLC (a) Amount beneficially owned: -963,236.5- (b) Percent of class: 2.6% (c) (i) Sole power to vote or direct the vote: -0- (ii) Shared power to vote or direct the vote: -963,236.5- (iii) Sole power to dispose or direct the disposition: -0- (iv) Shared power to dispose or direct the disposition: -963,236.5- C. Fortress Principal Investment Holdings IV LLC (a) Amount beneficially owned: -963,236.5- (b) Percent of class: 2.6% (c) (i) Sole power to vote or direct the vote: -0- (ii) Shared power to vote or direct the vote: -963,236.5- (iii) Sole power to dispose or direct the disposition: -0- (iv) Shared power to dispose or direct the disposition: -963,236.5- D. Drawbridge Special Opportunities Advisors LLC (a) Amount beneficially owned: -963,236.5- (b) Percent of class: 2.6% (c) (i) Sole power to vote or direct the vote: -0- (ii) Shared power to vote or direct the vote: -963,236.5- (iii) Sole power to dispose or direct the disposition: -0- (iv) Shared power to dispose or direct the disposition: -963,236.5- E. FIG LLC (a) Amount beneficially owned: -963,236.5- (b) Percent of class: 2.6% (c) (i) Sole power to vote or direct the vote: -0- (ii) Shared power to vote or direct the vote: -963,236.5- (iii) Sole power to dispose or direct the disposition: -0- (iv) Shared power to dispose or direct the disposition: -963,236.5- F. Fortress Operating Entity I LP (a) Amount beneficially owned: -963,236.5- (b) Percent of class: 2.6% (c) (i) Sole power to vote or direct the vote: -0- (ii) Shared power to vote or direct the vote: -963,236.5- (iii) Sole power to dispose or direct the disposition: -0- (iv) Shared power to dispose or direct the disposition: -963,236.5- G. FIG Corp. (a) Amount beneficially owned: -963,236.5- (b) Percent of class: 2.6% (c) (i) Sole power to vote or direct the vote: -0- (ii) Shared power to vote or direct the vote: -963,236.5- (iii) Sole power to dispose or direct the disposition: -0- (iv) Shared power to dispose or direct the disposition: -963,236.5- H. Fortress Investment Group LLC (a) Amount beneficially owned: -963,236.5- (b) Percent of class: 2.6% (c) (i) Sole power to vote or direct the vote: -0- (ii) Shared power to vote or direct the vote: -963,236.5- (iii) Sole power to dispose or direct the disposition: -0- (iv) Shared power to dispose or direct the disposition: -963,236.5- 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 the Security Being Reported on By the Parent Holding Company. Not applicable. Item 8. Identification and Classification of Members of the Group. The Reporting Persons may be deemed members of a Section 13(d) "group" together with other persons that are parties to the issuer's stockholders agreement. The Reporting Persons disclaim membership in a "group" and disclaim beneficial ownership of the shares beneficially owned by such other persons. Item 9. Notice of Dissolution of Group. Not applicable. Item 10. Certification. Each of the Reporting Persons hereby makes the following certification: By signing below I certify that, to the best of my 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. SIGNATURE After reasonable 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. Dated: February 14, 2007 DRAWBRIDGE SPECIAL OPPORTUNITIES FUND LP By: DRAWBRIDGE SPECIAL OPPORTUNITIES GP LLC its general partner By: /s/ Glenn Cummins ------------------------------------- Name: Glenn Cummins Title: Chief Financial Officer SIGNATURE After reasonable 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. Dated: February 14, 2007 DRAWBRIDGE SPECIAL OPPORTUNITIES GP LLC By: /s/ Glenn Cummins ------------------------------------- Name: Glenn Cummins Title: Chief Financial Officer SIGNATURE After reasonable 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. Dated: February 14, 2007 FORTRESS PRINCIPAL INVESTMENT HOLDINGS IV LLC By: /s/ Randal A. Nardone ------------------------------------- Name: Randal A. Nardone Title: Member of the Management Committee SIGNATURE After reasonable 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. Dated: February 14, 2007 DRAWBRIDGE SPECIAL OPPORTUNITIES ADVISORS LLC By: /s/ Glenn Cummins ------------------------------------- Name: Glenn Cummins Title: Chief Financial Officer SIGNATURE After reasonable 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. Dated: February 14, 2007 FIG LLC By: /s/ Randal A. Nardone ------------------------------------- Name: Randal A. Nardone Title: Chief Operating Officer SIGNATURE After reasonable 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. Dated: February 14, 2007 FORTRESS INVESTMENT GROUP LLC By: /s/ Randal A. Nardone ------------------------------------- Name: Randal A. Nardone Title: Chief Operating Officer SIGNATURE After reasonable 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. Dated: February 14, 2007 FORTRESS OPERATING ENTITY I LP By: FIG CORP. its general partner By: /s/ Randal A. Nardone ------------------------------------- Name: Randal A. Nardone Title: Chief Operating Officer SIGNATURE After reasonable 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. Dated: February 14, 2007 FIG CORP. By: /s/ Randal A. Nardone ------------------------------------- Name: Randal A. Nardone Title: Chief Operating Officer EXHIBIT INDEX Exhibit Number Exhibit - -------------- ------------------------------------------------------------ 1 Joint Filing Agreement dated February 14, 2007, by and between Drawbridge Special Opportunities Fund LP, Drawbridge Special Opportunities GP LLC, Fortress Principal Investment Holdings IV LLC, Drawbridge Special Opportunities Advisors LLC, FIG LLC, Fortress Operating Entity I LP, FIG Corp. and Fortress Investment Group LLC EX-99 2 jointfilingfig.txt JOINT FILING AGREEMENT JOINT FILING AGREEMENT This JOINT FILING AGREEMENT, dated as of February 14, 2007, is made by and between Drawbridge Special Opportunities Fund LP, Drawbridge Special Opportunities GP LLC, Fortress Principal Investment Holdings IV LLC, Drawbridge Special Opportunities Advisors LLC, FIG LLC, Fortress Operating Entity I LP, FIG Corp. and Fortress Investment Group LLC. Each of the above are collectively referred to herein as the "Parties" and each individually as a "Party." Pursuant to Rule 13d-1(k)(1)(iii) promulgated under the Securities Exchange Act of 1934, as amended, the Parties hereby acknowledge and agree that Schedule 13G is filed on behalf of each such Party and that all subsequent amendments to the Statement on Schedule 13G shall be filed on behalf of each of the Parties without the necessity of filing additional joint acquisition statements. The Parties hereby acknowledge that each Party shall be responsible for timely filing of such amendments, and for the completeness and accuracy of the information concerning such Party contained therein, but shall not be responsible for the completeness and accuracy of the information concerning any other Party, except to the extent that such Party knows or has reason to believe that such information is inaccurate. [signature pages follow] DRAWBRIDGE SPECIAL OPPORTUNITIES FUND LP By: DRAWBRIDGE SPECIAL OPPORTUNITIES GP LLC its general partner By: /s/ Glenn Cummins ------------------------------------- Name: Glenn Cummins Title: Chief Financial Officer DRAWBRIDGE SPECIAL OPPORTUNITIES GP LLC By: /s/ Glenn Cummins ------------------------------------- Name: Glenn Cummins Title: Chief Financial Officer FORTRESS PRINCIPAL INVESTMENT HOLDINGS IV LLC By: /s/ Randal A. Nardone ------------------------------------- Name: Randal A. Nardone Title: Member of the Management Committee DRAWBRIDGE SPECIAL OPPORTUNITIES ADVISORS LLC By: /s/ Glenn Cummins ------------------------------------- Name: Glenn Cummins Title: Chief Financial Officer FIG LLC By: /s/ Randal A. Nardone ------------------------------------- Name: Randal A. Nardone Title: Chief Operating Officer FORTRESS INVESTMENT GROUP LLC By: /s/ Randal A. Nardone ------------------------------------- Name: Randal A. Nardone Title: Chief Operating Officer FORTRESS OPERATING ENTITY I LP By: FIG CORP. its general partner By: /s/ Randal A. Nardone ------------------------------------- Name: Randal A. Nardone Title: Chief Operating Officer FIG CORP. By: /s/ Randal A. Nardone ------------------------------------- Name: Randal A. Nardone Title: Chief Operating Officer -----END PRIVACY-ENHANCED MESSAGE-----