-----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, Fn/nsiIRME8hqdZFdbpkwgGI9mHnHFGWXt6NW+Jega5JbjwK8kRJl/em4Uh7Zsof R+XSO8JvfU1G3cOhHcooug== 0000942618-08-000010.txt : 20080530 0000942618-08-000010.hdr.sgml : 20080530 20080530135258 ACCESSION NUMBER: 0000942618-08-000010 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080530 DATE AS OF CHANGE: 20080530 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: 3DFX INTERACTIVE INC CENTRAL INDEX KEY: 0001010026 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 770390421 STATE OF INCORPORATION: CA FISCAL YEAR END: 0201 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-52571 FILM NUMBER: 08869783 BUSINESS ADDRESS: STREET 1: 4435 FORTRAN DR CITY: SAN JOSE STATE: CA ZIP: 95134 BUSINESS PHONE: 4085913508 MAIL ADDRESS: STREET 1: 4435 FORTRAN DR CITY: SAN JOSE STATE: CA ZIP: 95134 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: LOEB PARTNERS CORP CENTRAL INDEX KEY: 0000942618 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 61 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10006 MAIL ADDRESS: STREET 1: 61 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10006 SC 13D/A 1 f08-05_2813da1.htm 13DA1

 


UNITED STATES

SECURITIES & EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13D/A

 

Under the Securities Exchange Act of 1934

(Amendment No. 1)*

 

3Dfx Interactive, Inc.

(Name of Issuer)

 

Common Stock

(Title of Class of Securities)

 

88553X103

(CUSIP Number)

 

Michael S. Emanuel, Esq.

c/o Loeb Partners Corporation

61 Broadway, New York, N.Y. 10006 (212) 483-7047

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

 

May 5, 2008

(Date of Event which Requires Filing of this Statement)

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240,13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o

 

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.

 

*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.

88553X103

 

 

1. Name of Reporting Person

Loeb Partners Corporation

 

 

I.R.S. Identification No. of Above Person

 

 

 

2. Check the Appropriate Box if a Member of a Group

(a) x

 

(b) o

 

 

3. SEC Use Only

 

 

 

4. Source of Funds

WC, O

 

 

5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)

o

 

 

6. Citizenship or Place of Organization

Delaware

 

Number of Shares Beneficially Owned by Each Reporting Person With

 

 

7. Sole Voting Power

-0-

 

 

8. Shared Voting Power

105,175

 

 

9. Sole Dispositive Power

-0-

 

 

10. Shared Dispositive Power

105,175

 

 

11. Aggregate Amount of Beneficially Owned by Each Reporting Person

105,175

 

 

12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares

o

 

 

13. Percent of Class Represented by Amount in Row (11)

0.3%

 

 

14. Type of Reporting Person

BD, IA, CO

 

 

 

CUSIP No.

88553X103

 

 

1. Name of Reporting Person

Loeb Arbitrage Fund

 

 

I.R.S. Identification No. of Above Person

 

 

 

2. Check the Appropriate Box if a Member of a Group

(a) x

 

(b) o

 

 

3. SEC Use Only

 

 

 

4. Source of Funds

WC, O

 

 

5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)

o

 

 

6. Citizenship or Place of Organization

New York

 

Number of Shares Beneficially Owned by Each Reporting Person With

 

 

7. Sole Voting Power

994,314

 

 

8. Shared Voting Power

-0-

 

 

9. Sole Dispositive Power

994,314

 

 

10. Shared Dispositive Power

-0-

 

 

11. Aggregate Amount of Beneficially Owned by Each Reporting Person

994,314

 

 

12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares

o

 

 

13. Percent of Class Represented by Amount in Row (11)

2.5%

 

 

14. Type of Reporting Person

PN

 

 

 

CUSIP No.

88553X103

 

 

1. Name of Reporting Person

Loeb Offshore Fund Ltd.

 

 

I.R.S. Identification No. of Above Person

 

 

 

2. Check the Appropriate Box if a Member of a Group

(a) x

 

(b) o

 

 

3. SEC Use Only

 

 

 

4. Source of Funds

WC, O

 

 

5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)

o

 

 

6. Citizenship or Place of Organization

Cayman Islands

 

Number of Shares Beneficially Owned by Each Reporting Person With

 

 

7. Sole Voting Power

211,880

 

 

8. Shared Voting Power

-0-

 

 

9. Sole Dispositive Power

211,880

 

 

10. Shared Dispositive Power

-0-

 

 

11. Aggregate Amount of Beneficially Owned by Each Reporting Person

211,880

 

 

12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares

o

 

 

13. Percent of Class Represented by Amount in Row (11)

0.53%

 

 

14. Type of Reporting Person

CO

 

 

 

CUSIP No.

88553X103

 

 

1. Name of Reporting Person

Loeb Arbitrage B Fund LP

 

 

I.R.S. Identification No. of Above Person

 

 

 

2. Check the Appropriate Box if a Member of a Group

(a) x

 

(b) o

 

 

3. SEC Use Only

 

 

 

4. Source of Funds

WC, O

 

 

5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)

o

 

 

6. Citizenship or Place of Organization

Delaware

 

Number of Shares Beneficially Owned by Each Reporting Person With

 

 

7. Sole Voting Power

307,675

 

 

8. Shared Voting Power

-0-

 

 

9. Sole Dispositive Power

307,675

 

 

10. Shared Dispositive Power

-0-

 

 

11. Aggregate Amount of Beneficially Owned by Each Reporting Person

307,675

 

 

12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares

o

 

 

13. Percent of Class Represented by Amount in Row (11)

0.77%

 

 

14. Type of Reporting Person

PN

 

 

 

 

CUSIP No.

88553X103

 

 

1. Name of Reporting Person

Loeb Offshore B Fund Ltd.

 

 

I.R.S. Identification No. of Above Person

 

 

 

2. Check the Appropriate Box if a Member of a Group

(a) x

 

(b) o

 

 

3. SEC Use Only

 

 

 

4. Source of Funds

WC, O

 

 

5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)

o

 

 

6. Citizenship or Place of Organization

Cayman Islands

 

Number of Shares Beneficially Owned by Each Reporting Person With

 

 

7. Sole Voting Power

84,786

 

 

8. Shared Voting Power

-0-

 

 

9. Sole Dispositive Power

84,786

 

 

10. Shared Dispositive Power

-0-

 

 

11. Aggregate Amount of Beneficially Owned by Each Reporting Person

84,786

 

 

12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares

o

 

 

13. Percent of Class Represented by Amount in Row (11)

0.2%

 

 

14. Type of Reporting Person

CO

 

 

 

Item 1.

Security and Issuer

 

 

The title and class of equity security to which this Statement relates is the Common Stock, (the “Common Stock”), of 3Dfx Interactive, Inc. The address of the Issuer’s principal executive offices is 4435 Fortran Drive, San Jose, CA 95134

 

 

Item 2.

Identity and Background

 

 

All entities referenced herein are located at 61 Broadway, New York, New York 10006 and are investment partnerships or investment advisors. Loeb Arbitrage Fund (“LAF”) is a New York limited partnership. Its general partner is Loeb Arbitrage Management LLC (“LAM”), a Delaware limited liability company. Loeb Arbitrage B Fund LP (“LAFB”), is a Delaware limited partnership. Its investment manager is LAM. The President of these general partners is Gideon J. King. The other officers of LAM include Thomas L. Kempner, Chairman of the Board; Michael S. Emanuel, Vice President and Secretary; Peter A. Tcherepnine, Vice President and Edward J. Campbell, Vice President. Loeb Partners Corporation (“LPC”), is a Delaware corporation. It is a registered broker/dealer and a registered investment adviser. Thomas L. Kempner is its President, Chief Executive Officer and a director. Gideon J. King is Executive Vice President. The other officers listed above are also officers of LPC. Loeb Holding Corporation (“LHC”), a Maryland corporation, is the sole stockholder of LAM and LPC. Thomas L. Kempner is its President and a director as well as its Chief Executive Officer and majority stockholder. Bruce L. Lev, Norman N. Mintz and Peter A. Tcherepnine are also directors. Loeb Offshore Fund, Ltd. (“LOF”) and Loeb Offshore B Fund Ltd. (“LOFB”), are each a Cayman Islands exempted company. Loeb Offshore Management, LLC (“LOM”) is a Delaware limited liability company, a registered investment adviser and is wholly owned by Loeb Holding Corporation. It is the investment adviser of LOF and LOFB. Gideon J. King and Thomas L. Kempner are Directors of LOF and LOFB and Managers of LOM. All of the individuals named in this Item 2 are United States citizens. None of the entities or individuals named in this Item 2 have been, within the last five years, convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding been or are subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violations with respect to such laws.

 

 

Item 3.

Source and Amount of Funds or Other Compensation

 

 

Shares of Common Stock were acquired by LAF, LPC**, LOF, LAFB and LOFB in margin accounts maintained with prime brokers.

 

 

 

 

Item 4.

Purpose of Transaction

 

 

Loeb has acquired shares of Common Stock for investment purposes. Loeb reserves the right, consistent with applicable law, to acquire additional securities of the Issuer (whether through open market purchases, block trades, private acquisitions, tender or exchange offers or otherwise).

 

Loeb intends to review its investment in the Issuer on a continuing basis and may engage in discussions with management or the Board of Directors of the Issuer concerning the business and future plans of the Issuer. Depending on various factors, including, without limitation, the Issuer’s financial position and investment strategy, the price levels of the Common Stock of the Issuer, conditions in the securities markets and general economic and industry conditions, Loeb may in the future take such actions with respect to its investment in the Issuer as it deems appropriate including, without limitation, seeking Board representations, making proposals to the Issuer concerning the capitalization of the Issuer, purchasing additional Common Stock and other securities of the Issuer, selling some or all of its Common Stock, engaging in short selling of or any hedging or similar transaction with respect to the Common Stock of the Issuer or changing its intention partially or entirely with respect to any and all matters referred to in Item 4.

 

Item 5.

Interest in Securities of the Issuer

 

 

 

 

(a)

The persons reporting hereby owned the following shares of Common Stock as of May 28, 2008.

 

 

 

Shares of Common Stock

Loeb Arbitrage Fund

994,314

 

Loeb Partners Corporation**

105,175

 

Loeb Offshore Fund Ltd.

211,880

 

Loeb Arbitrage B Fund LP

307,675

 

Loeb Offshore B Fund Ltd.

84,786

 

 

 

 

Total

1,703,830

 

 

The total shares of Common Stock constitute 4.28% of the outstanding 39,774,000 shares of Common Stock as reported by Bloomberg.

**Shares of Common Stock purchased for accounts of customers of Loeb Partners Corporation as to which it has investment discretion.

 

 

(b)

See paragraph (a) above.

 

 

 

 

(c)

The following purchases and sales (-) of Common Stock have been made in the last sixty (60) days:

 

 

 

 

 

Purchases and Sales (-) of Common Stock

 

 

Date

Shares

Average Price

Loeb Partners Corp.**

5/2/2008

-2,505

0.09

 

5/5/2008

-16,729

0.07

 

5/16/2008

-18,518

0.08

 

 

 

 

Loeb Arbitrage Fund

5/2/2008

-23,683

0.09

 

5/5/2008

-158,149

0.07

 

5/16/2008

-175,073

0.08

 

 

 

 

Loeb Offshore Fund, Ltd.

5/2/2008

-5,047

0.09

 

5/5/2008

-33,700

0.07

 

5/16/2008

-37,307

0.08

 

 

 

 

Loeb Arbitrage B Fund LP

5/2/2008

-7,328

0.09

 

5/5/2008

-48,937

0.07

 

5/16/2008

-54,173

0.08

 

 

 

 

Loeb Offshore B Fund, Ltd.

5/2/2008

-2,020

0.09

 

5/5/2008

-13,485

0.07

 

5/16/2008

-14,929

0.08

 

All reported transactions were over-the-counter (OTC).

 

 

(d)

Not Applicable.

 

 

 

 

(e)

Not Applicable.

 

 

Item 6.

Contracts, Arrangement, Understandings or Relationships with Respect to the Issuer.

 

 

 

None.

 

 

Item 7.

Materials to be Filed as Exhibits.

 

 

 

None.

 

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.

 

 

 

LOEB PARTNERS CORPORATION

 

 

 

Date: May 28, 2008

By:

/s/ Michael S. Emanuel

 

 

Michael S. Emanuel

 

 

Senior Vice President

 

 

 

 

 

LOEB ARBITRAGE FUND

 

 

By: LOEB ARBITRAGE MANAGEMENT, INC., G.P.

 

 

 

Date: May 28, 2008

By:

/s/ Michael S. Emanuel

 

 

Michael S. Emanuel

 

 

Vice President

 

 

 

 

 

LOEB OFFSHORE FUND LTD.

 

 

 

Date: May 28, 2008

By:

/s/ Michael S. Emanuel

 

 

Michael S. Emanuel

 

 

Vice President

 

 

 

 

 

LOEB ARBITRAGE B FUND LP

 

 

By: LOEB ARBITRAGE B MANAGEMENT, LLC, G.P.

 

 

 

Date: May 28, 2008

By:

/s/ Michael S. Emanuel

 

 

Michael S. Emanuel

 

 

Vice President

 

 

 

 

 

LOEB OFFSHORE B FUND LTD.

 

 

 

 

 

 

Date: May 28, 2008

By:

/s/ Michael S. Emanuel

 

 

Michael S. Emanuel

 

 

Vice President

 

 

 

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