0001079973-13-000396.txt : 20130613
0001079973-13-000396.hdr.sgml : 20130613
20130613200255
ACCESSION NUMBER: 0001079973-13-000396
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20130611
FILED AS OF DATE: 20130613
DATE AS OF CHANGE: 20130613
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: AUTHENTIDATE HOLDING CORP
CENTRAL INDEX KEY: 0000885074
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373]
IRS NUMBER: 141673067
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0630
BUSINESS ADDRESS:
STREET 1: CONNELL CORPORATE CENTER
STREET 2: 300 CONNELL DRIVE, 5TH FLOOR
CITY: BERKELEY HEIGHTS
STATE: NJ
ZIP: 07922
BUSINESS PHONE: 9087871700
MAIL ADDRESS:
STREET 1: CONNELL CORPORATE CENTER
STREET 2: 300 CONNELL DRIVE, 5TH FLOOR
CITY: BERKELEY HEIGHTS
STATE: NJ
ZIP: 07922
FORMER COMPANY:
FORMER CONFORMED NAME: BITWISE DESIGNS INC
DATE OF NAME CHANGE: 19930328
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Lazarus Management Co LLC
CENTRAL INDEX KEY: 0001531964
STATE OF INCORPORATION: CO
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-20190
FILM NUMBER: 13912560
BUSINESS ADDRESS:
STREET 1: 3200 CHERRY CREEK SOUTH DRIVE
STREET 2: SUITE 670
CITY: DENVER
STATE: CO
ZIP: 80209
BUSINESS PHONE: 303-500-8821
MAIL ADDRESS:
STREET 1: 3200 CHERRY CREEK SOUTH DRIVE
STREET 2: SUITE 670
CITY: DENVER
STATE: CO
ZIP: 80209
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: BORUS JUSTIN B
CENTRAL INDEX KEY: 0001531960
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-20190
FILM NUMBER: 13912561
MAIL ADDRESS:
STREET 1: 3200 CHERRY CREEK SOUTH DRIVE
STREET 2: SUITE 670
CITY: DENVER
STATE: CO
ZIP: 80209
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: LAZARUS INVESTMENT PARTNERS LLLP
CENTRAL INDEX KEY: 0001232118
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-20190
FILM NUMBER: 13912562
BUSINESS ADDRESS:
STREET 1: 3200 CHERRY CREEK SOUTH DRIVE
STREET 2: SUITE 670
CITY: DENVER
STATE: CO
ZIP: 80209
BUSINESS PHONE: 303-500-8821
MAIL ADDRESS:
STREET 1: 3200 CHERRY CREEK SOUTH DRIVE
STREET 2: SUITE 670
CITY: DENVER
STATE: CO
ZIP: 80209
4
1
adat_lazarus4.xml
OWNERSHIP DOCUMENT
X0306
4
2013-06-11
0
0000885074
AUTHENTIDATE HOLDING CORP
ADAT
0001232118
LAZARUS INVESTMENT PARTNERS LLLP
3200 CHERRY CREEK SOUTH DRIVE
SUITE 670
DENVER
CO
80209
0
0
1
0
0001531960
BORUS JUSTIN B
3200 CHERRY CREEK SOUTH DRIVE
SUITE 670
DENVER
CO
80209
0
0
1
0
0001531964
Lazarus Management Co LLC
3200 CHERRY CREEK SOUTH DRIVE
SUITE 670
DENVER
CO
80209
0
0
1
0
Series D Preferred
1.0857
2013-06-11
4
P
0
200000
10.00
A
2013-12-17
Common Stock
1842113
200000
D
Warrants (to buy)
0.95
2013-06-11
4
P
0
2000000
0
A
2013-12-17
2018-06-17
Common Stock
2000000
2000000
D
The Series D Preferred is not convertible prior to this date. The Company can force conversion after three years. Conversion may require a written waiver of the holder at least 61 days before conversion and under certain circumstances may require shareholder approval. There is no expiration date for conversion and Series D remains convertible as long as it's outstanding.
The warrants cannot be exercised except during the exercise period specified and may require a written waiver by the holder given at least 61 days before exercise. Under certain circumstances exercise may require approval of the issuer's common shareholders. Also contains cashless exercise provisions.
Warrants were issued together with Series D Preferred Stock for a purchase price of $10.00 per share of Series D Preferred with no additional consideration for the Warrants.
Exercise and conversion dates assume closing will occur on 6/17/13. If closing is delayed the dates will be delayed by the same number of days.
The reported securities are owned directly by Lazarus Investment Partners LLLP, and indirectly by Lazarus Management Company LLC, as investment adviser and general partner of Lazarus Investment Partners LLLP, and Justin B. Borus, as managing member of Lazarus Management Company LLC. Lazarus Management Company LLC and Justin B. Borus disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein.
/s/ Justin Borus, individually, and as managing member of Lazarus Management Company LLC for itself and as general partner of Lazarus Investment Partners LLLP
2013-06-13