-----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, S4lUlZnlsXT5PPJQC9y62VT5QaXewKVvg8h2ifB+kfWQT/q3AcCro9tqw369CFaV mFEFK4SVZD74sjkDq4xJkQ== 0000902664-08-002404.txt : 20080725 0000902664-08-002404.hdr.sgml : 20080725 20080724180530 ACCESSION NUMBER: 0000902664-08-002404 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080725 DATE AS OF CHANGE: 20080724 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CHEM RX CORP CENTRAL INDEX KEY: 0001330487 STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770] IRS NUMBER: 202938469 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-81092 FILM NUMBER: 08969066 BUSINESS ADDRESS: STREET 1: 750 PARK PLACE CITY: LONG BEACH STATE: NY ZIP: 11561 BUSINESS PHONE: 516-889-8770 MAIL ADDRESS: STREET 1: 750 PARK PLACE CITY: LONG BEACH STATE: NY ZIP: 11561 FORMER COMPANY: FORMER CONFORMED NAME: Paramount Acquisition Corp DATE OF NAME CHANGE: 20050616 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Hudson Bay Capital Management, L.P. CENTRAL INDEX KEY: 0001393825 IRS NUMBER: 371511173 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 120 BROADWAY, 40TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10271 BUSINESS PHONE: 212-571-1244 MAIL ADDRESS: STREET 1: 120 BROADWAY, 40TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10271 SC 13D/A 1 p08-1178sc13da.txt CHEM RX CORPORATION SECURITIES & EXCHANGE COMMISSION Washington, D.C. 20549 ---------------------- SCHEDULE 13D* (Rule 13d-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO 13D-1(A) AND AMENDMENTS THERETO FILED PURSUANT TO 13D-2(A) (AMENDMENT NO. 1) Chem Rx Corporation ------------------------------------------------------ (Name of Issuer) Common Stock, $0.0001 par value per share ------------------------------------------------------ (Title of Class of Securities)) 69917T103 ------------------------------------------------------ (CUSIP Number) Yoav Roth c/o Hudson Bay Capital Management, L.P. 120 Broadway, 40th Floor New York, NY 10271 (212) 571-1244 ------------------------------------------------------ (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) July 22, 2008 ------------------------------------------------------ (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 which 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 for other parties to whom copies are to be sent. (Continued on following pages) (Page 1 of 13 Pages) - -------------------------------------------------------------------------------- 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). CUSIP No. 69917T103 13D Page 2 of 13 Pages - -------------------------------------------------------------------------------- (1) NAME OF REPORTING PERSONS Hudson Bay Fund LP - -------------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) [ ] (b) [X] - -------------------------------------------------------------------------------- (3) SEC USE ONLY - -------------------------------------------------------------------------------- (4) SOURCE OF FUNDS (see instructions) WC - -------------------------------------------------------------------------------- (5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [X] - -------------------------------------------------------------------------------- (6) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- NUMBER OF (7) SOLE VOTING POWER -0- SHARES ----------------------------------------------------------------- BENEFICIALLY (8) SHARED VOTING POWER -0- OWNED BY ----------------------------------------------------------------- EACH (9) SOLE DISPOSITIVE POWER -0- REPORTING ----------------------------------------------------------------- PERSON WITH (10) SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON -0- - -------------------------------------------------------------------------------- (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) [ ] - -------------------------------------------------------------------------------- (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0% - -------------------------------------------------------------------------------- (14) TYPE OF REPORTING PERSON (see instructions) PN - -------------------------------------------------------------------------------- CUSIP No. 69917T103 13D Page 3 of 13 Pages - -------------------------------------------------------------------------------- (1) NAME OF REPORTING PERSONS Hudson Bay Overseas Fund, Ltd. - -------------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) [ ] (b) [X] - -------------------------------------------------------------------------------- (3) SEC USE ONLY - -------------------------------------------------------------------------------- (4) SOURCE OF FUNDS (see instructions) WC - -------------------------------------------------------------------------------- (5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [X] - -------------------------------------------------------------------------------- (6) CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands - -------------------------------------------------------------------------------- NUMBER OF (7) SOLE VOTING POWER -0- SHARES ----------------------------------------------------------------- BENEFICIALLY (8) SHARED VOTING POWER -0- OWNED BY ----------------------------------------------------------------- EACH (9) SOLE DISPOSITIVE POWER -0- REPORTING ----------------------------------------------------------------- PERSON WITH (10) SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON -0- - -------------------------------------------------------------------------------- (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) [ ] - -------------------------------------------------------------------------------- (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0% - -------------------------------------------------------------------------------- (14) TYPE OF REPORTING PERSON (see instructions) CO - -------------------------------------------------------------------------------- CUSIP No. 69917T103 13D Page 4 of 13 Pages - -------------------------------------------------------------------------------- (1) NAME OF REPORTING PERSONS Hudson Bay Capital Management, L.P. - -------------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) [ ] (b) [X] - -------------------------------------------------------------------------------- (3) SEC USE ONLY - -------------------------------------------------------------------------------- (4) SOURCE OF FUNDS (see instructions) OO - -------------------------------------------------------------------------------- (5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [X] - -------------------------------------------------------------------------------- (6) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- NUMBER OF (7) SOLE VOTING POWER -0- SHARES ----------------------------------------------------------------- BENEFICIALLY (8) SHARED VOTING POWER -0- OWNED BY ----------------------------------------------------------------- EACH (9) SOLE DISPOSITIVE POWER -0- REPORTING ----------------------------------------------------------------- PERSON WITH (10) SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON -0- - -------------------------------------------------------------------------------- (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) [ ] - -------------------------------------------------------------------------------- (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0% - -------------------------------------------------------------------------------- (14) TYPE OF REPORTING PERSON (see instructions) PN - -------------------------------------------------------------------------------- CUSIP No. 69917T103 13D Page 5 of 13 Pages - -------------------------------------------------------------------------------- (1) NAME OF REPORTING PERSONS Sander Gerber - -------------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) [ ] (b) [X] - -------------------------------------------------------------------------------- (3) SEC USE ONLY - -------------------------------------------------------------------------------- (4) SOURCE OF FUNDS (see instructions) OO - -------------------------------------------------------------------------------- (5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [X] - -------------------------------------------------------------------------------- (6) CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- NUMBER OF (7) SOLE VOTING POWER -0- SHARES ----------------------------------------------------------------- BENEFICIALLY (8) SHARED VOTING POWER -0- OWNED BY ----------------------------------------------------------------- EACH (9) SOLE DISPOSITIVE POWER -0- REPORTING ----------------------------------------------------------------- PERSON WITH (10) SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON -0- - -------------------------------------------------------------------------------- (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) [ ] - -------------------------------------------------------------------------------- (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0% - -------------------------------------------------------------------------------- (14) TYPE OF REPORTING PERSON (see instructions) IN - -------------------------------------------------------------------------------- CUSIP No. 69917T103 13D Page 6 of 13 Pages - -------------------------------------------------------------------------------- (1) NAME OF REPORTING PERSONS Yoav Roth - -------------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) [ ] (b) [X] - -------------------------------------------------------------------------------- (3) SEC USE ONLY - -------------------------------------------------------------------------------- (4) SOURCE OF FUNDS (see instructions) OO - -------------------------------------------------------------------------------- (5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [X] - -------------------------------------------------------------------------------- (6) CITIZENSHIP OR PLACE OF ORGANIZATION Israel - -------------------------------------------------------------------------------- NUMBER OF (7) SOLE VOTING POWER -0- SHARES ----------------------------------------------------------------- BENEFICIALLY (8) SHARED VOTING POWER -0- OWNED BY ----------------------------------------------------------------- EACH (9) SOLE DISPOSITIVE POWER -0- REPORTING ----------------------------------------------------------------- PERSON WITH (10) SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON -0- - -------------------------------------------------------------------------------- (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) [ ] - -------------------------------------------------------------------------------- (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0% - -------------------------------------------------------------------------------- (14) TYPE OF REPORTING PERSON (see instructions) IN - -------------------------------------------------------------------------------- CUSIP No. 69917T103 13D Page 7 of 13 Pages - -------------------------------------------------------------------------------- (1) NAME OF REPORTING PERSONS John Doscas - -------------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) [ ] (b) [X] - -------------------------------------------------------------------------------- (3) SEC USE ONLY - -------------------------------------------------------------------------------- (4) SOURCE OF FUNDS (see instructions) OO - -------------------------------------------------------------------------------- (5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [X] - -------------------------------------------------------------------------------- (6) CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- NUMBER OF (7) SOLE VOTING POWER -0- SHARES ----------------------------------------------------------------- BENEFICIALLY (8) SHARED VOTING POWER -0- OWNED BY ----------------------------------------------------------------- EACH (9) SOLE DISPOSITIVE POWER -0- REPORTING ----------------------------------------------------------------- PERSON WITH (10) SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON -0- - -------------------------------------------------------------------------------- (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (see instructions) [ ] - -------------------------------------------------------------------------------- (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0% - -------------------------------------------------------------------------------- (14) TYPE OF REPORTING PERSON (see instructions) IN - -------------------------------------------------------------------------------- CUSIP No. 69917T103 13D Page 8 of 13 Pages This Amendment No. 1 (this "Amendment") amends the statement on Schedule 13D filed on October 29, 2007 (as amended, the "Schedule 13D") with respect to shares of common stock par value $0.0001 per share (the "Common Stock") of Chem Rx Corporation (previously known as Paramount Acquisition Corp., a Delaware corporation) (the "Company"). Capitalized terms used herein and not otherwise defined in this Amendment have the meanings set forth in the Schedule 13D. This Amendment amends and restates Item 5 in its entirety as set forth below. This is the final amendment to the Schedule 13D and an exit filing for the Reporting Persons. Item 5. Interest in Securities of the Issuer. A. Hudson Bay Capital Management, L.P. (a) As of the date hereof, Hudson Bay Capital Management, L.P. no longer beneficially owns any shares of Common Stock. Percentage: 0% as of the date hereof (b) 1. Sole power to vote or direct vote: 0 2. Shared power to vote or direct vote: See item (a) above. 3. Sole power to dispose or direct the disposition: 0 4. Shared power to dispose or direct the disposition: See item (a) above. (c) Hudson Bay Capital Management, L.P. did not enter into any transactions in the Common Stock within the last sixty days. The transactions in the Common Stock within the last sixty days by Hudson Bay Fund LP and Hudson Bay Overseas Fund, Ltd., which were all put exercises pursuant to the Purchase Option Agreement, are set forth in Schedule A, and are incorporated herein by reference. (d) No person other than the Reporting Persons is known to have the right to receive, or the power to direct the receipt of dividends from, or proceeds from the sale of, such shares of the Common Stock. (e) Hudson Bay Capital Management, L.P. ceased to be the beneficial owner of more than five percent of the shares of Common Stock on July 23, 2008. B. Hudson Bay Fund LP (a) As of the date hereof, Hudson Bay Fund LP no longer beneficially owns any shares of Common Stock. Percentage: 0% as of the date hereof. (b) 1. Sole power to vote or direct vote: 0 2. Shared power to vote or direct vote: See item (a) above. 3. Sole power to dispose or direct the disposition: 0 4. Shared power to dispose or direct the disposition: See item (a) above. (c) Hudson Bay Fund LP entered into transactions in the Common Stock pursuant to the Purchase Option Agreement within the last sixty days as set forth on Schedule A. CUSIP No. 69917T103 13D Page 9 of 13 Pages (d) No person other than the Reporting Persons is known to have the right to receive, or the power to direct the receipt of dividends from, or proceeds from the sale of, such shares of the Common Stock. (e) Hudson Bay Funds LP. ceased to be the beneficial owner of more than five percent of the shares of common stock on July 22, 2008. C. Hudson Bay Overseas Fund, Ltd. (a) As of the date hereof, Hudson Bay Overseas Fund, Ltd. no longer beneficially owns any shares of Common Stock. Percentage: 0% as of the date hereof. (b) 1. Sole power to vote or direct vote: 0 2. Shared power to vote or direct vote: See item (a) above. 3. Sole power to dispose or direct the disposition: 0 4. Shared power to dispose or direct the disposition: See item (a) above. (c) Hudson Bay Overseas Fund, Ltd. entered into transactions in the Common Stock pursuant to the Purchase Option Agreement within the last sixty days as set forth on Schedule A. (d) No person other than the Reporting Persons is known to have the right to receive, or the power to direct the receipt of dividends from, or proceeds from the sale of, such shares of the Common Stock. (e) Hudson Bay Overseas Funds, Ltd. ceased to be the beneficial owner of more than five percent of the shares of common stock on July 22, 2008. D. Sander Gerber (a) As of the date hereof, Sander Gerber no longer beneficially owns any shares of Common Stock. Percentage: 0% as of the date hereof. (b) 1. Sole power to vote or direct vote: 0 2. Shared power to vote or direct vote: See item (a) above. 3. Sole power to dispose or direct the disposition: 0 4. Shared power to dispose or direct the disposition: See item (a) above. (c) Sander Gerber did not enter into any transactions in the Common Stock within the last sixty days. The transactions in the Common Stock within the last sixty days by Hudson Bay Fund LP and Hudson Bay Overseas Fund, Ltd., which were all put exercises pursuant to the Purchase Option Agreement, are set forth in Schedule A, and are incorporated herein by reference. (d) No person other than the Reporting Persons is known to have the right to receive, or the power to direct the receipt of dividends from, or proceeds from the sale of, such shares of the Common Stock. CUSIP No. 69917T103 13D Page 10 of 13 Pages (e) Sander Gerber ceased to be the beneficial owner of more than five percent of the shares of Common Stock on July 23, 2008. E. Yoav Roth (a) As of the date hereof, Yoav Roth no longer beneficially owns any shares of Common Stock. Percentage: 0% as of the date hereof. (b) 1. Sole power to vote or direct vote: 0 2. Shared power to vote or direct vote: See item (a) above. 3. Sole power to dispose or direct the disposition: 0 4. Shared power to dispose or direct the disposition: See item (a) above. (c) Yoav Roth did not enter into any transactions in the Common Stock within the last sixty days. The transactions in the Common Stock within the last sixty days by Hudson Bay Fund LP and Hudson Bay Overseas Fund, Ltd., which were all put exercises pursuant to the Purchase Option Agreement, are set forth in Schedule A, and are incorporated herein by reference. (d) No person other than the Reporting Persons is known to have the right to receive, or the power to direct the receipt of dividends from, or proceeds from the sale of, such shares of the Common Stock. (e) Yoav Roth ceased to be the beneficial owner of more than five percent of the shares of Common Stock on July 23, 2008. F. John Doscas (a) As of the date hereof, John Doscas no longer beneficially owns any shares of Common Stock. Percentage: 0% as of the date hereof. (b) 1. Sole power to vote or direct vote: 0 2. Shared power to vote or direct vote: See item (a) above. 3. Sole power to dispose or direct the disposition: 0 4. Shared power to dispose or direct the disposition: See item (a) above. (c) John Doscas did not enter into any transactions in the Common Stock within the last sixty days. The transactions in the Common Stock within the last sixty days by Hudson Bay Fund LP and Hudson Bay Overseas Fund, Ltd., which were all put exercises pursuant to the Purchase Option Agreement, are set forth in Schedule A, and are incorporated herein by reference. CUSIP No. 69917T103 13D Page 11 of 13 Pages (d) No person other than the Reporting Persons is known to have the right to receive, or the power to direct the receipt of dividends from, or proceeds from the sale of, such shares of the Common Stock. (e) John Doscas ceased to be the beneficial owner of more than five percent of the shares of Common Stock on July 23, 2008. CUSIP No. 69917T103 13D Page 12 of 13 Pages SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. DATED: July 24, 2008 HUDSON BAY FUND, LP HUDSON BAY OVERSEAS FUND, LTD. By: /s/ YOAV ROTH By: /s/ YOAV ROTH ------------- ------------- Name: Yoav Roth Name: Yoav Roth Title Principal and Portfolio Manager Title Principal and Portfolio Manager HUDSON BAY CAPITAL MANAGEMENT, L.P. SANDER GERBER By: /s/ YOAV ROTH /s/ SANDER GERBER ------------- ------------- Name: Yoav Roth Title Principal and Portfolio Manager YOAV ROTH JOHN DOSCAS /s/ YOAV ROTH /s/ John Doscas ------------- --------------- CUSIP No. 69917T103 13D Page 13 of 13 Pages Schedule A
PURCHASER DATE TRANSACTION TYPE NUMBER OF SHARES PRICE PER SHARE - --------- ---- ---------------- ---------------- --------------- Hudson Bay Fund LP 7/22/2008 Sale* 301,000 $5.9903 Hudson Bay Fund LP 7/23/2008 Sale* 316,910 $5.9903 Hudson Bay Overseas 7/22/2008 Sale* 399,000 $5.9903 Fund, Ltd. Hudson Bay Overseas 7/23/2008 Sale* 420,089 $5.9903 Fund, Ltd.
* The sales are put exercises pursuant to the Purchase Option Agreement. -----END PRIVACY-ENHANCED MESSAGE-----