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

 

 

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*

 

 

 

 

 

Verilink Corporation

(Name of Issuer)

 

 

Common Stock, par value $0.01 per share

(Title of Class of Securities)

 

 

923432108

                                (CUSIP Number)                                

 

 

September 30, 2005

(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 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. 923432108       Page 2 of 5

 

  1  

NAME OF REPORTING PERSONS

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

 

 

            Zhone Technologies, Inc. (I.R.S. ID #22-3509099)

    
  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

 

 

            2,000,000

 

  6    SHARED VOTING POWER

 

 

            0

 

  7    SOLE DISPOSITIVE POWER

 

 

            2,000,000

 

  8    SHARED DISPOSITIVE POWER

 

 

            0

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

 

            2,000,000

    
10  

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

 

  

¨

 

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

 

 

            7.9% (1)

    
12  

TYPE OF REPORTING PERSON

 

 

            CO

    

 

(1) Based on 25,172,716 shares of Common Stock of Verilink Corporation outstanding as of October 28, 2005, as reported by Verilink Corporation in its Form 10-Q for the quarterly period ended September 30, 2005, filed on November 14, 2005.

Item 1

  

(a).

   

Name of Issuer:

 

Verilink Corporation

          

Item 1

  

(b).

   

Address of Issuer’s Principal Executive Offices:

 

11551 E. Arapahoe Road, Suite 150

Centennial, Colorado 80112

          

Item 2

  

(a).

   

Name of Person Filing:

 

Zhone Technologies, Inc.

          

Item 2

  

(b).

   

Address of Principal Business Office:

 

7001 Oakport Street

Oakland, California 94621

          

Item 2

  

(c).

   

Citizenship:

 

Zhone Technologies, Inc. is incorporated under the laws of the State of Delaware.

          

Item 2

  

(d).

   

Title of Class of Securities:

 

Common Stock, par value $0.01 per share, of Verilink Corporation.

          

Item 2

  

(e).

   

CUSIP Number:

 

923432108

          

Item 3.

   This statement is not filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c), and therefore this item is not applicable.     

Item 4.

    Ownership.          
     (a)   

Amount beneficially owned:

 

2,000,000 shares of Common Stock

          
     (b)   

Percent of class:

 

7.9%

          
     (c)    Number of shares as to which such person has:          
          (i)    sole power to vote or to direct the vote: 2,000,000          
          (ii)    shared power to vote or to direct the vote: 0          
          (iii)    sole power to dispose or to direct the disposition of: 2,000,000          
          (iv)    shared power to dispose or to direct the disposition of: 0          

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.

   

Certifications.

 

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.

 

Date: December 28, 2005   Zhone Technologies, Inc.
    By:  

/s/ Kirk Misaka

        Kirk Misaka
        Chief Financial Officer