-----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, MK6yL6xiOimmViJt6hCThmWCvJoIoswRCAoII0dawzUYlXggi84ML3cS+Yjrgh6y QuhSpxIHBlutkO4Pe5R2tg== 0000891092-07-001012.txt : 20070320 0000891092-07-001012.hdr.sgml : 20070320 20070320165829 ACCESSION NUMBER: 0000891092-07-001012 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070320 DATE AS OF CHANGE: 20070320 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Jazz Technologies, Inc. CENTRAL INDEX KEY: 0001337675 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 203014632 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-81680 FILM NUMBER: 07707003 BUSINESS ADDRESS: STREET 1: 4321 JAMBOREE ROAD CITY: NEWPORT BEACH STATE: CA ZIP: 92660 BUSINESS PHONE: (949) 435-8000 MAIL ADDRESS: STREET 1: 4321 JAMBOREE ROAD CITY: NEWPORT BEACH STATE: CA ZIP: 92660 FORMER COMPANY: FORMER CONFORMED NAME: Acquicor Technology Inc DATE OF NAME CHANGE: 20050831 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Silver Point Capital L.P. CENTRAL INDEX KEY: 0001332784 IRS NUMBER: 223844936 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: TWO GREENWICH PLAZA, FIRST PLAZA CITY: GREENWICH STATE: CT ZIP: 06830 BUSINESS PHONE: (203) 542-4000 MAIL ADDRESS: STREET 1: TWO GREENWICH PLAZA, FIRST PLAZA CITY: GREENWICH STATE: CT ZIP: 06830 SC 13G/A 1 e26675sc13_ga.txt SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G (Rule 13d-102) Information to be Included in Statements Filed Pursuant to Rules 13d-1(b), (c) and (d) and Amendments Thereto Filed Pursuant to Rule 13d-2(b) (Amendment No. 2 )* Jazz Technologies, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $.001 per share - -------------------------------------------------------------------------------- (Title of Class of Securities) 47214E102 - -------------------------------------------------------------------------------- (CUSIP Number) February 16, 2007 - -------------------------------------------------------------------------------- (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) |X| Rule 13d-1(c) |_| Rule 13d-1(d) - --------------------- -------------------- CUSIP No. 47214E102 13G Page 2 of 9 Pages - --------------------- -------------------- ================================================================================ 1 NAMES OF REPORTING PERSONS Silver Point Capital, L.P. I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY): 22-3849636 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 2,582,100 (See Item 4) NUMBER OF ---------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY -0- EACH ---------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON WITH 5,282,100 (See Item 4) ---------------------------------------- 8 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,282,100 (See Item 4) - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 17.84%(1) - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* 00 ================================================================================ - ---------- * SEE INSTRUCTIONS BEFORE FILLING OUT. (1) The percentages used herein and in the rest of this Schedule 13G are calculated based upon 26,915,218 shares of common stock outstanding, as reflected in the Company's Current Report on Form 8-K filed on February 23, 2007. - --------------------- -------------------- CUSIP No. 47214E102 13G Page 3 of 9 Pages - --------------------- -------------------- ================================================================================ 1 NAMES OF REPORTING PERSONS Edward A. Mule S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY): - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 2,582,100 (See Item 4) NUMBER OF ---------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY -0- EACH ---------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON WITH 5,282,100 (See Item 4) ---------------------------------------- 8 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (See Item 4) - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 17.84% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN ================================================================================ - ---------- * SEE INSTRUCTIONS BEFORE FILLING OUT. - --------------------- -------------------- CUSIP No. 47214E102 13G Page 4 of 9 Pages - --------------------- -------------------- ================================================================================ 1 NAMES OF REPORTING PERSONS Robert J. O'Shea S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY): - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 2,582,100 (See Item 4) NUMBER OF ---------------------------------------- SHARES 6 SHARED VOTING POWER BENEFICIALLY OWNED BY -0- EACH ---------------------------------------- REPORTING 7 SOLE DISPOSITIVE POWER PERSON WITH 5,282,100 (See Item 4) ---------------------------------------- 8 SHARED DISPOSITIVE POWER -0- - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (See Item 4) - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 17.84% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN ================================================================================ - ---------- * SEE INSTRUCTIONS BEFORE FILLING OUT. - --------------------- -------------------- CUSIP No. 47214E102 13G Page 5 of 9 Pages - --------------------- -------------------- Item 1(a) Name of Issuer: The name of the issuer is Jazz Technologies, Inc. (formerly known as Acquicor Technology, Inc., the "Company"). Item 1(b) Address of Issuer's Principal Executive Offices: The Company's principal executive office is located at 4321 Jamboree Road, Newport Beach, CA 92660. Item 2(a) Name of Person Filing: This Schedule 13G is being jointly filed by Silver Point Capital, L.P., a Delaware limited partnership (the "Investment Manager"), Mr. Edward A. Mule and Robert J. O'Shea with respect to the ownership of the shares of Common Stock by Silver Point Capital Fund, L.P. (the "Fund") and Silver Point Capital Offshore Fund, Ltd. (the "Offshore Fund")(2) The Reporting Persons have entered into a Joint Filing Agreement, dated March 20, 2007, a copy of which is filed with this Schedule 13G as Exhibit A, pursuant to which the Reporting Persons have agreed to file this statement jointly in accordance with the provisions of Rule 13d-1(k)(1) under the Act. 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 Two Greenwich Plaza, Greenwich, CT 06830 Item 2(c) Citizenship: Silver Point Capital, L.P. is organized as a limited partnership under the laws of the State of Delaware. Both Mr. Mule and Mr. O'Shea are U.S. citizens. Item 2(d) Title of Class of Securities: Common Stock, par value $.001 per share. Item 2(e) CUSIP No.: 47214E102 - ---------- (2) Silver Point Capital, L.P. is the investment manager of the Fund and the Offshore Fund and by virtue of such status may be deemed to be the beneficial owner of the shares of common stock held by the Fund and the Offshore Fund. Silver Point Capital Management, LLC ("Management") is the general partner of Silver Point Capital, L.P. and as a result may be deemed to be the beneficial owner of the shares of common stock held by the Fund and the Offshore Fund. Each of Mr. Edward Mule and Mr. Robert O'Shea is a member of Management and has voting and investment power with respect to the shares of common stock held by the Fund and the Offshore Fund and may be deemed to be a beneficial owner of the shares of common stock held by the Fund and the Offshore Fund. Silver Point Capital, L.P., Management, and Messrs. Mule and O'Shea disclaim beneficial ownership of the shares of common stock held by the Fund and the Offshore Fund, except to the extent of any pecuniary interest, and this report shall not be deemed to be an admission that they are the beneficial owners of such securities. - --------------------- -------------------- CUSIP No. 47214E102 13G Page 6 of 9 Pages - --------------------- -------------------- Item 3 If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b), check whether the person filing is a: Not Applicable. Item 4 Ownership: A. Silver Point Capital, L.P. (a) Amount beneficially owned: 5,282,100 (b) Percent of class: 17.84% (c) Number of shares as to which such person has: (i) Sole power to vote or direct the vote: 2,582,100 (ii) Shared power to vote or direct the vote: -0- (iii) Sole power to dispose or direct the disposition: 5,282,100 (iv) Shared power to dispose or direct the disposition: -0- B. Edward A. Mule (a) Amount beneficially owned: 5,282,100 (b) Percent of class: 17.84% (c) Number of shares as to which such person has: (i) Sole power to vote or direct the vote: -0- (ii) Shared power to vote or direct the vote: 2,582,100 (iii) Sole power to dispose or direct the disposition: -0- (iv) Shared power to dispose or direct the disposition: 5,282,100 C. Robert J. O'Shea (a) Amount beneficially owned: 5,282,100 (b) Percent of class: 17.84% (c) Number of shares as to which such person has: (i) Sole power to vote or direct the vote: 0 (ii) Shared power to vote or direct the vote: 2,582,100 (iii) Sole power to dispose or direct the disposition: 0 (iv) Shared power to dispose or direct the disposition: 5,282,100 - --------------------- -------------------- CUSIP No. 47214E102 13G Page 7 of 9 Pages - --------------------- -------------------- Note: Share ownership reflected in this Item 4 includes ownership of warrants (CUSIP 47414E110) exercisable within 60 days of date set forth on the cover of this Schedule to purchase 2,700,000 additional shares of common stock. Such warrants do not have voting rights prior to exercise. Item 5 Ownership of Five Percent or Less of a Class: If this statement is being filed to report the fact that as of the date hereof each of the Reporting Persons has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ]. Item 6 Ownership of More Than Five Percent on Behalf of Another Person: See response to Item 4. Item 7 Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person: Not applicable. Item 8 Identification and Classification of Members of the Group: Not applicable. Item 9 Notice of Dissolution of Group: Not applicable. Item 10 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 participant in any transaction having that purpose or effect. - --------------------- -------------------- CUSIP No. 47214E102 13G Page 8 of 9 Pages - --------------------- -------------------- 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. Date: March 20, 2007 Silver Point Capital, L.P. By: /s/ Frederick H.Fogel ----------------------- Name: Frederick H. Fogel Its: Authorized Signatory Exhibit A AGREEMENT REGARDING THE JOINT FILING OF SCHEDULE 13G The undersigned hereby agree as follows: (i) Each of them is individually eligible to use the Schedule 13G to which this Exhibit is attached, and such Schedule 13G is filed on behalf of each of them; and (ii) Each of them is responsible for the timely filing of such Schedule 13G and any amendments thereto, and for the completeness and accuracy of the information concerning such person contained therein; but none of them is responsible for the completeness or accuracy of the information concerning the other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate. Date: March 20, 2007 Silver Point Capital, L.P. By: /s/Frederick H. Fogel ----------------------- Name: Frederick H. Fogel Its: Authorized Signatory /s/ Edward A. Mule ----------------------------- Edward A. Mule, individually /s/ Robert J. O'Shea ----------------------------- Robert J.O'Shea, individually -----END PRIVACY-ENHANCED MESSAGE-----