-----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, TFD2TcCXjiLyl7SW/h7p8P3e1d4bKFx02rPzf9RUdcju2Qkw66YNm7j83HCbuWdx p0Ckk6x0aLbod9sGT/YgHw== 0001144204-07-058594.txt : 20071107 0001144204-07-058594.hdr.sgml : 20071107 20071106174715 ACCESSION NUMBER: 0001144204-07-058594 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20071107 DATE AS OF CHANGE: 20071106 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: EDAP TMS SA CENTRAL INDEX KEY: 0001041934 STANDARD INDUSTRIAL CLASSIFICATION: ELECTROMEDICAL & ELECTROTHERAPEUTIC APPARATUS [3845] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-53365 FILM NUMBER: 071219106 BUSINESS ADDRESS: STREET 1: PARC D'ACTIVITES LA POUDRETTE LAMARTINE STREET 2: 4 RUE DU DAUPHINE CITY: 69120 VAULX EN VELIN STATE: I0 MAIL ADDRESS: STREET 1: PARC D'ACTIVITES LA POUDRETTE LAMARTINE STREET 2: 4 RUE DU DAUPHINE CITY: 69120 VAULX EN VELIN STATE: I0 ZIP: 69120 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Bruce & Co., Inc. CENTRAL INDEX KEY: 0001358331 IRS NUMBER: 363481448 STATE OF INCORPORATION: IL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 20 N. WACKER DRIVE STREET 2: SUITE 2414 CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 312 236-9160 MAIL ADDRESS: STREET 1: 20 N. WACKER DRIVE STREET 2: SUITE 2414 CITY: CHICAGO STATE: IL ZIP: 60606 SC 13G/A 1 v092696_sc13ga.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (Amendment No. 1) EDAP TMS S.A. COMMON STOCK ADR, common, Unsecured Convertible Debentures, Warrants (underlying securities into which 9% Unsecured Convertible Debentures due 2012 and Warrants are convertible) ---------- 268311107 October 30, 2007 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [_] 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. 268311107 - -------------------------------------------------------------------------------- 1) Names of Reporting Persons. I.R.S. Identification Nos. of Above Persons (entities only) Bruce & Co., Inc. - -------------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (a) [ ] (See Instructions) (b) [ ] - -------------------------------------------------------------------------------- 3) SEC Use Only - -------------------------------------------------------------------------------- 4) Citizenship or Place of Organization Illinois - -------------------------------------------------------------------------------- Number of Shares 5) Sole Voting Power 1,556,653 Beneficially ---------------------------------------------- Owned by Each 6) Shared Voting Power Reporting ---------------------------------------------- Person With 7) Sole Dispositive Power 1,556,653 ---------------------------------------------- 8) Shared Dispositive Power - -------------------------------------------------------------------------------- 9) Aggregate Amount Beneficially Owned by Each Reporting Person 1,556,653 - -------------------------------------------------------------------------------- 10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] - -------------------------------------------------------------------------------- 11) Percent of Class Represented by Amount in Item 9 16.99% - -------------------------------------------------------------------------------- 12) Type of Reporting Person (See Instructions) IA - -------------------------------------------------------------------------------- ITEM 1. (A) NAME OF ISSUER EDAP TMS S.A. (B) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICE 4-6, rue du Dauphine 69120 Vaulx-en-Velin France ITEM 2. (A) NAME OF PERSONS FILING Bruce & Co., Inc. (B) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR IF NONE, RESIDENCE 20 North Wacker Drive, Suite 2414, Chicago, IL 60606 (C) CITIZENSHIP Illinois Corporation (D) TITLE OF CLASS OF SECURITIES ADR, common stock, Unsecured Convertible Debentures, Warrants (E) CUSIP NUMBER 268311107 ITEM 3. If this statement is filed pursuant to rule 240.13d- 1(b), or 240.13d-2(b) or (c), 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) _X_ An investment adviser in accordance with 240.13d- 1(b)(1)(ii)(E). (f) ___ An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F). (g) ___ A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G) (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). ITEM 4. OWNERSHIP. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: 1,556,653 (b) Percent of class: 16.99% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 1,556,653 (ii) Shared power to vote or to direct the vote: (iii) Sole power to dispose or to direct the disposition of: 1,556,653 (iv) Shared power to dispose or to direct the disposition of: Bruce & Co., Inc., an Illinois corporation and registered investment adviser under the Investment Advisers Act of 1940, is filing this Schedule 13G in its capacity as the investment manager for Bruce Fund, Inc., a Maryland registered investment company, and other clients. 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 ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP ITEM 9. NOTICE OF DISSOLUTION OF GROUP ITEM 10. CERTIFICATION. By signing below we certify that, to the best of our 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. Dated: November 6, 2007 By: /s/ R. Jeffrey Bruce - ---------------------------- Name: R. Jeffrey Bruce Title: Secretary, VP -----END PRIVACY-ENHANCED MESSAGE-----