SC 13G 1 dsc13g.htm SCHEDULE 13G Schedule 13G

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

(Amendment No.         )*

 

 

 

 

Spring Creek Acquisition Corporation

(Name of Issuer)

 

 

Common Stock

(Title of Class of Securities)

 

 

G8374R112

(CUSIP Number)

 

 

January 6, 2008

(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)

 

 

*   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 (“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. G8374R112   SCHEDULE 13G   PAGE 2 OF 7 PAGES

 

  1.  

NAME OF REPORTING PERSON/S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

            WEISS CAPITAL LLC

   
  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(A)  ¨

(B)  ¨

   
  3.  

SEC USE ONLY

 

   
  4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

            DELAWARE

   

 

NUMBER OF  

SHARES  

BENEFICIALLY  

OWNED BY  

EACH  

REPORTING  

PERSON  

WITH:  

 

 

  5.    SOLE VOTING POWER

 

            0

 

  6.    SHARED VOTING POWER

 

            766,350

 

  7.    SOLE DISPOSITIVE POWER

 

            0

 

  8.    SHARED DISPOSITIVE POWER

 

            766,350

  9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            766,350

   
10.  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

 

 

¨

 

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

            11.9%

   
12.  

TYPE OF REPORTING PERSON*

 

            00 - Limited Liability Company

   

 


CUSIP NO. G8374R112   SCHEDULE 13G   PAGE 3 OF 7 PAGES

 

  1.  

NAME OF REPORTING PERSON/S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

            SPAC GP LLC

   
  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(A)  ¨

(B)  ¨

   
  3.  

SEC USE ONLY

 

   
  4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

            DELAWARE

   

 

NUMBER OF  

SHARES  

BENEFICIALLY  

OWNED BY  

EACH  

REPORTING  

PERSON  

WITH:  

 

 

  5.    SOLE VOTING POWER

 

            0

 

  6.    SHARED VOTING POWER

 

            766,350

 

  7.    SOLE DISPOSITIVE POWER

 

            0

 

  8.    SHARED DISPOSITIVE POWER

 

            766,350

  9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            766,350

   
10.  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

 

 

¨

 

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

            11.9%

   
12.  

TYPE OF REPORTING PERSON*

 

            00 - Limited Liability Company

   

 


CUSIP NO. G8374R112   SCHEDULE 13G   PAGE 4 OF 7 PAGES

 

  1.  

NAME OF REPORTING PERSON/S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

 

            ANDREW M. WEISS, PH.D.

   
  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(A)  ¨

(B)  ¨

   
  3.  

SEC USE ONLY

 

   
  4.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

            USA

   

 

NUMBER OF  

SHARES  

BENEFICIALLY  

OWNED BY  

EACH  

REPORTING  

PERSON  

WITH:  

 

 

  5.    SOLE VOTING POWER

 

            0

 

  6.    SHARED VOTING POWER

 

            766,350

 

  7.    SOLE DISPOSITIVE POWER

 

            0

 

  8.    SHARED DISPOSITIVE POWER

 

            766,350

  9.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

            766,350

   
10.  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 

 

 

¨

 

11.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

            11.9%

   
12.  

TYPE OF REPORTING PERSON*

 

            IN

   

 


CUSIP NO. G8374R112   SCHEDULE 13G   PAGE 5 OF 7 PAGES

 

ITEM 1.  

(a)

   Name of Issuer:      
     Spring Creek Acquisition Corporation      
 

(b)

   Address of Issuer’s Principal Executive Offices:      
    

10F, Room #1005, Fortune Int’l Building

No. 17, North DaLiaShu Road

Hai Dain District, Beijing 10081

People’s Republic of China

     
ITEM 2.  

(a) and (c):

   Name and Citizenship of Persons Filing:      
    

(i)     Weiss Capital LLC, a Delaware limited liability company (“Weiss Capital”).

     
    

(ii)    SPAC GP LLC, a Delaware limited liability company (“SPAC GP”).

     
    

(iii)   Andrew M. Weiss, Ph.D., a United States citizen.

     
 

(b):

   Address of Principal Business Office:      
     Weiss Capital, SPAC GP, and Dr. Weiss have a business address of 29 Commonwealth Avenue, 10th Floor, Boston, Massachusetts 02116      
 

(d)

   Title of Class of Securities:      
     Common Stock      
 

(e)

   CUSIP Number:      
     G8374R112      
ITEM 3.   IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B), OR 13D-2(B), 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)    ¨    Investment Adviser registered under section 203 of the Investment Advisers Act or under the laws of any State
  (f)    ¨    Employee Benefit Plan, Pension fund which is subject to the provisions of the Employee Retirement Income Security Act of 1974 or Endowment Fund; see Section 240.13d-1(b)(1)(ii)(F)
  (g)    ¨    A Parent Holding Company or control person, in accordance with Section 240.13d-1(b)(ii)(G)(Note: See Item 7)
  (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 Section 240.13d-1(b)(1)(ii)(J)


CUSIP NO. G8374R112   SCHEDULE 13G   PAGE 6 OF 7 PAGES

 

ITEM 4.    OWNERSHIP      
   Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item I.      
   WEISS CAPITAL LLC*      
   (a)    Amount Beneficially Owned:      
      766,350      
   (b)    Percent of Class:      
      11.9%      
   (c)    Number of shares as to which such person has:      
      (i)    sole power to vote or to direct the vote:      
         0      
      (ii)    shared power to vote or to direct the vote:      
         766,350      
      (iii)    sole power to dispose or to direct the disposition of:      
         0      
      (iv)    shared power to dispose or to direct the disposition of:      
         766,350      
   SPAC GP LLC**      
   (a)    Amount Beneficially Owned:      
      766,350      
   (b)    Percent of Class:      
      11.9%      
   (c)    Number of shares as to which such person has:      
      (i)    sole power to vote or to direct the vote:      
         0      
      (ii)    shared power to vote or to direct the vote:      
         766,350      
      (iii)    sole power to dispose or to direct the disposition of:      
         0      
      (iv)    shared power to dispose or to direct the disposition of:      
         766,350      
   ANDREW M. WEISS, PH.D.***      
   (a)    Amount Beneficially Owned:      
      766,350      
   (b)    Percent of Class:      
      11.9%      
   (c)    Number of shares as to which such person has:      
      (i)    sole power to vote or to direct the vote:      
         0      
      (ii)    shared power to vote or to direct the vote:      
         766,350      
      (iii)    sole power to dispose or to direct the disposition of:      
         0      
      (iv)    shared power to dispose or to direct the disposition of:      
         766,350      

 

* Shares reported for Weiss Capital are shares beneficially owned by a private investment partnership, of which Weiss Capital is the sole investment manager.
** Shares reported for SPAC GP are shares beneficially owned by a private investment partnership, of which SPAC GP is the sole general partner.
*** Shares reported for Andrew Weiss are shares beneficially owned by a private investment partnership, which may be deemed to be controlled by Mr. Weiss, who is the managing member of the General Partner and Investment Manager of such private investment partnership. Dr. Weiss disclaims beneficial ownership of the shares reported herein as beneficially owned by him except to the extent of his pecuniary interest therein.

The percent of class computations are based on 6,468,750 shares of common stock outstanding, as reported in the Company’s report on Form 10-Q filed with the Securities and Exchange Commission (“SEC”) on November 14, 2008.

 

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 the reporting person 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      
   Not Applicable      
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 a participant in any transaction having that purpose or effect.      


CUSIP NO. G8374R112   SCHEDULE 13G   PAGE 7 OF 7 PAGES

 

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I hereby certify that the information set forth in this statement is true, complete and correct.

Dated: January 16, 2009

 

WEISS CAPITAL LLC
By:  

/s/ Georgiy Nikitin

  Georgiy Nikitin, Chief Compliance Officer
SPAC GP LLC
By:  

/s/ Georgiy Nikitin

  Georgiy Nikitin, Chief Compliance Officer
By:  

/s/ Georgiy Nikitin

  Attorney-in-Fact for Andrew Weiss