-----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, E2PEmCIcdl0Pf6Eq7ENnR1UDZUWuiDPt8rUaEA6sgMaoK/OcTo9LVTXBEMDnzcdj PnYGbZgYRhsbK6t9E1shWg== 0000919567-97-000012.txt : 19970222 0000919567-97-000012.hdr.sgml : 19970222 ACCESSION NUMBER: 0000919567-97-000012 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970220 SROS: NASD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: JAKKS PACIFIC INC CENTRAL INDEX KEY: 0001009829 STANDARD INDUSTRIAL CLASSIFICATION: GAMES, TOYS & CHILDREN'S VEHICLES (NO DOLLS & BICYCLES) [3944] IRS NUMBER: 954527222 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-50369 FILM NUMBER: 97539309 BUSINESS ADDRESS: STREET 1: 24955 PACIFIC COAST HWY STREET 2: #B202 CITY: MALIBU STATE: CA ZIP: 90265 BUSINESS PHONE: 3104567799 MAIL ADDRESS: STREET 1: 24955 PACIFIC COAST HIGHWAY STREET 2: B202 CITY: MALIBU STATE: CA ZIP: 90265 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: RENAISSANCE CAPITAL GROWTH & INCOME FUND III INC CENTRAL INDEX KEY: 0000919567 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 752533518 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 8080 N CENTRAL EXPRWY STREET 2: STE 210 LB59 CITY: DALLAS STATE: TX ZIP: 75206 BUSINESS PHONE: 2148918294 MAIL ADDRESS: STREET 1: 8080 N CENTRAL EXPWY., SUITE 210 LB 59 CITY: DALLAS STATE: TX ZIP: 75206 SC 13D 1 1 SCHEDULE 13D Under the Securities Exchange Act of 1934 -------------------------------------------------------- Securities and Exchange Commission Washington, D.C. 20549 -------------------------------------------------------- JAKKS PACIFIC, INC. (Name of Issuer) Common 47012E106 (Title of Class of Securities) (CUSIP Number) Vance M. Arnold 8080 N. Central Expressway, Suite 210 LB 59, Dallas, TX 75206 (214) 891-8294 Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) December 31, 1996 (Date of Event which Requires Filing of this Statement) 1. Names of Reporting Person S.S. or I.R.S. Identification No.: (a) Renaissance Capital Growth & Income Fund III, Inc. 75-2533518 (b) Renaissance U.S. Growth & Income Trust PLC ---------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group: (a) X ------------ (b) N/A ------------ 3. SEC Use Only: 4. Source of Funds: PF --------- 5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e): N/A ------ 6. Citizenship or Place of Organization: (a) Texas (b) England ------- Number of Shares Beneficially Owned by Each Reporting Person With: 7. Sole voting Power: (a) 352,941 shares (b) 352,941 shares ---------------- 2 8. Shared Voting Power: 0 ---- 9. Sole Dispositive Power: (a) 352,941 shares (b) 352,941 shares ---------------- 10. Shared Dispositive Power: 0 --- 11. Aggregate Amount Beneficially Owned be Each Reporting Person: (a) 352,941 shares (b) 352,941 shares ---------------- 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares: N/A ---- 13. Percent of Class Represented by Amount in Row (11): (a) 8% (b) 8% ----- 14. Type of Reporting Person: IA ---- 3 SCHEDULE 13D Filed Pursuant to Rule 13D-1 ITEM 1. SECURITY AND ISSUER $3,000,000 9.0% Convertible Debenture by and between JAKKS Pacific, Inc. as Borrower and Renaissance Capital Growth & Income Fund III, Inc. as Lender. $3,000,000 9.0% Convertible Debenture by and between JAKKS Pacific, Inc. as Borrower and Renaissance U.S. Growth & Income Trust, PLC as Lender. JAKKS Pacific, Inc. Company 24955 Pacific Coast Hwy. #B202 Malaibu, TX 90265 ITEM 2. IDENTITY AND BACKGROUND a., b., c. Renaissance Capital Growth & Income Fund III, Inc. Filer 8080 N. Central Expressway, Suite 210 Dallas, Texas 75206 Renaissance U.S. Growth & Income Trust, PLC Filer 8080 N. Central Expressway, Suite 210 Dallas, Texas 75206 Renaissance Capital Growth & Income Fund III, Inc. is a Texas corporation, organized as a business development company under the Investment Company Act of 1940 and is traded on the Nasdaq. Renaissance U.S. Growth & Income Trust, PLC is a public limited company organized under the laws of England and Wales and traded on the London Stock Exchange. Renaissance Capital Group, Inc. is the Investment Advisor to the Filer. Its address is 8080 N. Central Expressway, Suite 210 LB 59, Dallas, TX 75206. The officers of Renaissance Capital Group, Inc. are: Russell Cleveland, President Barbe Butschek, Senior Vice President, Corporate Secretary and Treasurer Vance M. Arnold, Executive Vice President Mardon M. Navalta, Vice President Norman D. Cox, Vice President d. None e. None f. Texas 4 ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION The Filers' source of funds for this transaction came exclusively from the Filers' investment capital. No borrowed funds were used in the transaction. The securities were acquired directly from the Company in a private placement. ITEM 4. PURPOSE OF TRANSACTION The purpose of the acquisition of these securities for Renaissance Capital Growth & Income Fund III, Inc. was as an investment in accordance with its election as a Business Development Company under the Investment Act of 1940. The purpose of the acquisition of these securities for Renaissance U.S. Growth & Income Trust, PLC was as an investment in accordance with its investment strategy of investing in smaller United States public companies. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER On December 31, 1996, the Company and Filers entered into Convertible Debenture Loan Agreements pursuant to which the Company issued the Filers each a $3,000,000 Convertible Debenture yielding a 9.0% interest rate. Interest is payable monthly and if not sooner redeemed or converted, matures December 1, 2003. The Debentures also call for mandatory principal installments commencing December 1, 1999 in the amount of $10 per $1,000 paid on a monthly basis with the final installment of all remaining unpaid principal due on December 1, 2003. The Debentures also can be redeemed if the Company's common stock averages no less than $16.00 per share for a period of 20 consecutive trading days, then the Company shall have the right to redeem 1/2 of the Debenture at 120% of face value at any time after December 31, 1998. If the closing bid price for the Company's common stock averages no less than $20.00 per share for a period of 20 consecutive trading days, then the Company shall have the right to redeem 1/2 of the Debenture at 120% of face value at any time after December 31, 1998. The Convertible Debenture Loan Agreements grant the Filers the right to elect one member to the board of directors of the Company and as yet the Filers have not made a decision whether they will elect such a right. The Filers do not have the right to vote the Common Stock underlying the Convertible Debentures until and unless they elect to convert said instrument. The Filers have not effected any transactions in the securities of the Company prior to the purchase of the Convertible Debenture. 5 ITEM 6. CONTRACTS, ARRANGEMENTS, OR UNDERSTANDINGS WITH RESPECT TO SECURITIES OR THE ISSUER The Company and the Filers entered into Convertible Debenture Loan Agreements on December 31, 1996. These agreements contain default and other provisions contained in loan agreements generally. ITEM 7. PERSONS RETAINED, EMPLOYED OR TO BE COMPENSATED Not Applicable ITEM 8. MATERIAL TO BE FILED AS EXHIBITS Not Applicable I certify to the best of my knowledge and belief the information set forth in this statement is true, complete and correct. Date: February 14, 1997 By: Renaissance Capital Growth & Income Fund III, Inc. By: /s/ Vance M. Arnold --------------------------------- Vance M. Arnold Executive Vice President Renaissance Capital Group, Inc. Investment Advisor -----END PRIVACY-ENHANCED MESSAGE-----