-----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, Ltlqg6CGKOuO3n/TGtQLTKl16nQ9/PlLQrnNg9F55NJBUJQgalKxkkzLALXhE2uF MLqmRUeyuMIv6b6BQIWl0w== 0001144204-08-009368.txt : 20080214 0001144204-08-009368.hdr.sgml : 20080214 20080214152112 ACCESSION NUMBER: 0001144204-08-009368 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20080214 DATE AS OF CHANGE: 20080214 GROUP MEMBERS: CHANNEL PARTNERSHIP II, L.P. GROUP MEMBERS: JOSHUA LANDES GROUP MEMBERS: NELSON OBUS GROUP MEMBERS: WYNNEFIELD CAPITAL, INC. GROUP MEMBERS: WYNNEFIELD CAPITAL, INC. PROFIT SHARING PLAN SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ROTECH HEALTHCARE INC CENTRAL INDEX KEY: 0001175108 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-HOME HEALTH CARE SERVICES [8082] IRS NUMBER: 030408870 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-78993 FILM NUMBER: 08614323 BUSINESS ADDRESS: BUSINESS PHONE: 407-822-4600 MAIL ADDRESS: STREET 1: 2600 TECHNOLOGY DRIVE STREET 2: SUITE 300 CITY: ORLANDO STATE: FL ZIP: 32804 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WYNNEFIELD SMALL CAP VALUE OFFSHORE FUND LTD CENTRAL INDEX KEY: 0001030806 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 450 SEVENTH AVE STREET 2: STE 509 CITY: NEW YORK STATE: NY ZIP: 10123 BUSINESS PHONE: 2127600814 MAIL ADDRESS: STREET 1: 450 SEVENTH AVE STREET 2: STE 509 CITY: NEW YORK STATE: NY ZIP: 10123 SC 13G/A 1 v103300_13ga.txt SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 SCHEDULE 13G/A (Rule 13-d-102) (Amendment No. 2 ) Rotech Healthcare Inc. ------------------------------------------------------------------------------ (Name of Issuer) Common Stock, $.0001 Par Value Per Share ------------------------------------------------------------------------------- (Title of Class of Securities) 778669101 ------------------------------------------------------------------------------ (CUSIP Number of Class of Securities) December 31, 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: [_] RULE 13d-1(b) [X] RULE 13d-1(c) [_] RULE 13d-1(d) CUSIP NO. 778669101 - ------------------------------------------------------------------------------- 1) Name of Reporting Person Wynnefield Small Cap Value Offshore Fund, Ltd. - ------------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) [X] Reporting person is affiliated with other persons - ------------------------------------------------------------------------------- 3) SEC USE ONLY - ------------------------------------------------------------------------------- 4) Citizenship or Place of Organization: Cayman Islands - ------------------------------------------------------------------------------- NUMBER OF SHARES 5) Sole Voting Power: 1,750,000 Shares BENEFICIALLY OWNED BY ----------------------------------- EACH REPORTING 6) Shared Voting Power PERSON WITH ----------------------------------- 7) Sole Dispositive Power: 1,750,000 Shares ----------------------------------- 8) Shared Dispositive Power - ------------------------------------------------------------------------------- 9) Aggregate Amount Beneficially Owned by Each Reporting Person: 1,750,000 Shares - ------------------------------------------------------------------------------- 10) Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares [_] (See Instructions) - ------------------------------------------------------------------------------- 11) Percent of Class Represented by Amount in Row (9): 6.9% - ------------------------------------------------------------------------------- 12) Type of Reporting Person (See Instructions) CO - ------------------------------------------------------------------------------- 2 CUSIP NO. 778669101 - ------------------------------------------------------------------------------- 1) Name of Reporting Person Channel Partnership II, L.P. - ------------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) [X] Reporting person is affiliated with other persons - ------------------------------------------------------------------------------- 3) SEC USE ONLY - ------------------------------------------------------------------------------- 4) Citizenship or Place of Organization: New York - ------------------------------------------------------------------------------- NUMBER OF SHARES 5) Sole Voting Power: 500 Shares BENEFICIALLY OWNED BY --------------------------------------------- EACH REPORTING 6) Shared Voting Power PERSON WITH --------------------------------------------- 7) Sole Dispositive Power: 500 Shares --------------------------------------------- 8) Shared Dispositive Power - ------------------------------------------------------------------------------- 9) Aggregate Amount Beneficially Owned by Each Reporting Person: 500 Shares - ------------------------------------------------------------------------------- 10) Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares [_] (See Instructions) - ------------------------------------------------------------------------------- 11) Percent of Class Represented by Amount in Row (9): 0.0% - ------------------------------------------------------------------------------- 12) Type of Reporting Person (See Instructions) PN - ------------------------------------------------------------------------------- 3 CUSIP NO. 778669101 - ------------------------------------------------------------------------------- 1) Name of Reporting Person Wynnefield Capital, Inc. Profit Sharing Plan - ------------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) [X] Reporting person is affiliated with other persons - ------------------------------------------------------------------------------- 3) SEC USE ONLY - ------------------------------------------------------------------------------- 4) Citizenship or Place of Organization: Delaware - ------------------------------------------------------------------------------- NUMBER OF SHARES 5) Sole Voting Power: 25,000 Shares BENEFICIALLY OWNED BY -------------------------------------------- EACH REPORTING 6) Shared Voting Power PERSON WITH -------------------------------------------- 7) Sole Dispositive Power: 25,000 Shares -------------------------------------------- 8) Shared Dispositive Power - ------------------------------------------------------------------------------- 9) Aggregate Amount Beneficially Owned by Each Reporting Person: 25,000 Shares - ------------------------------------------------------------------------------- 10) Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares [_] (See Instructions) - ------------------------------------------------------------------------------- 11) Percent of Class Represented by Amount in Row (9): 0.1% - ------------------------------------------------------------------------------- 12) Type of Reporting Person (See Instructions) CO - ------------------------------------------------------------------------------- 4 CUSIP NO. 778669101 - ------------------------------------------------------------------------------- 1) Name of Reporting Person Wynnefield Capital, Inc. - ------------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) [X] Reporting person is affiliated with other persons - ------------------------------------------------------------------------------- 3) SEC USE ONLY - ------------------------------------------------------------------------------- 4) Citizenship or Place of Organization: Cayman Islands - ------------------------------------------------------------------------------- NUMBER OF SHARES 5) Sole Voting Power: 1,750,000 Shares (1) BENEFICIALLY OWNED BY -------------------------------------------- EACH REPORTING 6) Shared Voting Power PERSON WITH -------------------------------------------- 7) Sole Dispositive Power: 1,750,000 Shares (1) -------------------------------------------- 8) Shared Dispositive Power - ------------------------------------------------------------------------------- 9) Aggregate Amount Beneficially Owned by Each Reporting Person: 1,750,000 Shares (1) - ------------------------------------------------------------------------------- 10) Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares [_] (See Instructions) - ------------------------------------------------------------------------------- 11) Percent of Class Represented by Amount in Row (9): 6.9% (1) - ------------------------------------------------------------------------------- 12) Type of Reporting Person (See Instructions) CO - ------------------------------------------------------------------------------- (1) Wynnefield Capital, Inc. holds an indirect beneficial interest in these shares which are directly beneficially owned by Wynnefield Small Cap Value Offshore Fund, Ltd. 5 CUSIP NO. 778669101 - -------------------------------------------------------------------------------- 1) Name of Reporting Person Nelson Obus - ------------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) [X] Reporting person is affiliated with other persons - ------------------------------------------------------------------------------- 3) SEC USE ONLY - ------------------------------------------------------------------------------- 4) Citizenship or Place of Organization: Delaware - ------------------------------------------------------------------------------- NUMBER OF SHARES 5) Sole Voting Power: 1,775,500 Shares (1) BENEFICIALLY OWNED BY -------------------------------------------- EACH REPORTING 6) Shared Voting Power 0 PERSON WITH -------------------------------------------- 7) Sole Dispositive Power: 1,775,500 Shares (1) -------------------------------------------- 8) Shared Dispositive Power 0 - ------------------------------------------------------------------------------- 9) Aggregate Amount Beneficially Owned by Each Reporting Person: 1,775,500 Shares (1) - ------------------------------------------------------------------------------- 10) Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares [_] (See Instructions) - ------------------------------------------------------------------------------- 11) Percent of Class Represented by Amount in Row (9): 7.0% - ------------------------------------------------------------------------------- 12) Type of Reporting Person (See Instructions) IN - ------------------------------------------------------------------------------- (1) Mr. Obus may be deemed to hold an indirect beneficial interest in these shares, which are directly beneficially owned by Wynnefield Small Cap Value Offshore Fund, Channel Partnership II, L.P. and Wynnefield Capital, Inc. Profit Sharing Plan because he is a principal executive officer of Wynnefield Capital, Inc. (the investment manager of Wynnefield Small Cap Value Offshore Fund), the general partner of Channel Partnership II, L.P. and the portfolio manager of Wynnefield Capital, Inc. Profit Sharing Plan. The filing of this Statement and any future amendment by Mr. Obus, and the inclusion of information herein and therein with respect to Mr. Obus, shall not be considered an admission that he, for the purpose of Section 16(b) of the Exchange Act, is the beneficial owner of any shares in which he does not have a pecuniary interest. Mr. Obus disclaims any beneficial ownership of the shares of Common Stock covered by this Statement. 6 CUSIP NO. 778669101 - -------------------------------------------------------------------------------- 1) Name of Reporting Person Joshua Landes - ------------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) [X] Reporting person is affiliated with other persons - ------------------------------------------------------------------------------- 3) SEC USE ONLY - ------------------------------------------------------------------------------- 4) Citizenship or Place of Organization: Delaware - ------------------------------------------------------------------------------- NUMBER OF SHARES 5) Sole Voting Power: 1,750,000 Shares (1) BENEFICIALLY OWNED BY --------------------------------------------- EACH REPORTING 6) Shared Voting Power 0 PERSON WITH --------------------------------------------- 7) Sole Dispositive Power: 1,750,000 Shares (1) --------------------------------------------- 8) Shared Dispositive Power 0 - ------------------------------------------------------------------------------- 9) Aggregate Amount Beneficially Owned by Each Reporting Person: 1,750,000 Shares (1) - ------------------------------------------------------------------------------- 10) Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares [_] (See Instructions) - ------------------------------------------------------------------------------- 11) Percent of Class Represented by Amount in Row (9): 6.9% - ------------------------------------------------------------------------------- 12) Type of Reporting Person (See Instructions) IN - ------------------------------------------------------------------------------- (1) Mr. Landes may be deemed to hold an indirect beneficial interest in these shares, which are directly beneficially owned by Wynnefield Small Cap Value Offshore Fund because he is a principal executive officer of Wynnefield Capital, Inc. The filing of this Statement and any future amendment by Mr. Landes, and the inclusion of information herein and therein with respect to Mr. Landes, shall not be considered an admission that he, for the purpose of Section 16(b) of the Exchange Act, is the beneficial owner of any shares in which he does not have a pecuniary interest. Mr. Landes disclaims any beneficial ownership of the shares of Common Stock covered by this Statement. 7 ITEM 1(a). Name of Issuer: Rotech Healthcare Inc. --------------------------------------------------------------------- ITEM 1(b). Address of Issuer's Principal Executive Offices: 2600 Technology Drive, Suite 300, Orlando, FL 92804 --------------------------------------------------------------------- ITEM 2(a). Names of Persons Filing: Wynnefield Small Cap Value Offshore Fund, Ltd. ("Fund") ------------------------------------------------------------------- Channel Partnership II, L.P. ("Channel") ------------------------------------------------------------------- Wynnefield Capital, Inc. Profit Sharing Plan (the "Plan") ------------------------------------------------------------------- Wynnefield Capital, Inc. ("WCI") ------------------------------------------------------------------- Nelson Obus ------------------------------------------------------------------- Joshua Landes ------------------------------------------------------------------- ITEM 2(b). Address of Principal Business Office Or, If None, Residence: 450 Seventh Avenue, Suite 509, New York, New York 10123 ------------------------------------------------------------------- ITEM 2(c). Citizenship: Fund is a Cayman Islands company. ------------------------------------------------------------------- Channel is a New York limited liability company. ------------------------------------------------------------------- The Plan is a Delaware corporation. ------------------------------------------------------------------- Mr. Obus is a United States citizen. ------------------------------------------------------------------- Mr. Landes is a United States citizen. ------------------------------------------------------------------- ITEM 2(d). Title of Class of Securities: Common Stock, $.0001 Par Value Per Share ------------------------------------------------------------------- ITEM 2(e). CUSIP Number: 778669101 ITEM 3. If this Statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or (c), check whether the person filing is: [ ] Broker or dealer registered under Section 15 of the Act. [ ] Bank as defined in Section 3(a)(6) of the Act. [ ] Insurance company as defined in Section 3(a)(19) of the Act. [ ] Investment company registered under Section 8 of the Investment Company Act of 1940. [ ] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); [ ] An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); [ ] A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); [ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); [ ] 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; [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J). This statement is filed pursuant to Rule 13d-1(c). ITEM 4. Ownership: (a) Amount beneficially owned by all reporting persons: 1,775,500 Shares (b) Percent of class: 7.0% of Common Stock. (c) Number of shares as to which the reporting persons have: (i) sole power to vote or to direct the vote: 1,775,500 Shares (ii) shared power to vote or to direct the vote: (iii) sole power to dispose or to direct the disposition: 1,775,500 Shares (iv) shared power to dispose or to direct the disposition: ITEM 5. Ownership of five percent or less of a class. Not applicable. 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. Not applicable. ITEM 8. Identification and classification of members of the group. See Item 2 (a) - (c). ITEM 9. Notice of dissolution of group. Not applicable. 8 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 or as a participant in any transaction having that purpose or effect. Dated: February 13, 2008 WYNNEFIELD SMALL CAP VALUE OFFSHORE FUND, LTD. By: Wynnefield Capital, Inc. By: /s/ Nelson Obus ---------------------------------------- Nelson Obus, President CHANNEL PARTNERSHIP II, L.P. By: /s/ Nelson Obus ---------------------------------------- Nelson Obus, General Partner WYNNEFIELD CAPITAL, INC. By: /s/ Nelson Obus ---------------------------------------- Nelson Obus, President WYNNEFIELD CAPITAL, INC. PROFIT SHARING PLAN By: /s/ Nelson Obus ---------------------------------------- Nelson Obus, Portfolio Manager /s/ Nelson Obus ---------------------------------------- Nelson Obus, Individually /s/ Joshua Landes ---------------------------------------- Joshua Landes, Individually 9 EX-1 2 v103300_ex1.txt AGREEMENT OF JOINT FILING Pursuant to Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, the undersigned hereby consent to the joint filing on their behalf of a single Schedule 13G and any amendments thereto, with respect to the beneficial ownership by each of the undersigned of shares of common stock, $0.0001 par value per share, of Rotech Healthcare inc. a Delaware corporation. The undersigned hereby further agree that this statement may be executed in any number of counterparts, each of which when so executed shall be deemed to be an original, but all of which counterparts shall together constitute one and the same instrument. Dated: February 13, 2008 WYNNEFIELD SMALL CAP VALUE OFFSHORE FUND, LTD. By: Wynnefield Capital, Inc. By: /s/ Nelson Obus ---------------------------------------- Nelson Obus, President CHANNEL PARTNERSHIP II, L.P. By: /s/ Nelson Obus ---------------------------------------- Nelson Obus, General Partner WYNNEFIELD CAPITAL, INC. By: /s/ Nelson Obus ---------------------------------------- Nelson Obus, President WYNNEFIELD CAPITAL, INC. PROFIT SHARING PLAN By: /s/ Nelson Obus ---------------------------------------- Nelson Obus, Portfolio Manager /s/ Nelson Obus ---------------------------------------- Nelson Obus, Individually /s/ Joshua Landes ---------------------------------------- Joshua Landes, Individually -----END PRIVACY-ENHANCED MESSAGE-----