-----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, FVWBh3pdz8/OqOqtFC1V2IJI39WAiTDkwwLhKjoCWc/mRarEx4A+GMAl/C3a8+v8 BoCMYNL0x9FnZ5I9JYsKdA== 0000906344-07-000376.txt : 20070523 0000906344-07-000376.hdr.sgml : 20070523 20070523160843 ACCESSION NUMBER: 0000906344-07-000376 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070523 DATE AS OF CHANGE: 20070523 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Ithaka Acquisition Corp CENTRAL INDEX KEY: 0001324205 STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770] IRS NUMBER: 202620798 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-80949 FILM NUMBER: 07874079 BUSINESS ADDRESS: STREET 1: 100 SOUTH POINTE DRIVE STREET 2: 23RD FLOOR CITY: MIAMI STATE: FL ZIP: 33139 BUSINESS PHONE: 305-532-3800 MAIL ADDRESS: STREET 1: 100 SOUTH POINTE DRIVE STREET 2: 23RD FLOOR CITY: MIAMI STATE: FL ZIP: 33139 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Stephens Investment Management, LLC CENTRAL INDEX KEY: 0001349475 IRS NUMBER: 371453825 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: ONE SANSOME STREET STREET 2: SUITE 2900 CITY: SAN FRANCISCO STATE: CA ZIP: 94104 BUSINESS PHONE: 415-835-3818 MAIL ADDRESS: STREET 1: ONE SANSOME STREET STREET 2: SUITE 2900 CITY: SAN FRANCISCO STATE: CA ZIP: 94104 SC 13G 1 ithak13g.txt SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. ___) Ithaka Acquisition Corp. ------------------------ (Name of Issuer) Common Stock, $.0001 par value ------------------------------ (Title of Class of Securities) 465707107 --------- (CUSIP Number) May 14, 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) *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 the disclosures provided in a prior cover page. The information required in 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 465707107 SCHEDULE 13G Page 2 of 10 1 Name of Reporting Person STEPHENS INVESTMENT MANAGEMENT, LLC IRS Identification No. of Above Person 37-1453825 2 Check the Appropriate Box if a member of a Group (a) [ ] (b) [ ] 3 SEC USE ONLY 4 Citizenship or Place of Organization DELAWARE NUMBER OF 5 Sole Voting Power 1,053,500 SHARES BENEFICIALLY 6 Shared Voting Power 0 OWNED BY EACH REPORTING 7 Sole Dispositive Power 1,053,500 PERSON WITH 8 Shared Dispositive Power 0 9 Aggregate Amount Beneficially Owned by Each 1,053,500 Reporting Person 10 Check Box if the Aggregate Amount in Row (9) Excludes [ ] Certain Shares 11 Percent of Class Represented by Amount in Row 9 9.6% 12 Type of Reporting Person OO CUSIP 465707107 SCHEDULE 13G Page 3 of 10 Name of Reporting Person PAUL H. STEPHENS IRS Identification No. of Above Person 2 Check the Appropriate Box if a member of a Group (a) [ ] (b) [ ] 3 SEC USE ONLY 4 Citizenship or Place of Organization UNITED STATES NUMBER OF 5 Sole Voting Power 1,053,500 SHARES BENEFICIALLY 6 Shared Voting Power 0 OWNED BY EACH REPORTING 7 Sole Dispositive Power 1,053,500 PERSON WITH 8 Shared Dispositive Power 0 9 Aggregate Amount Beneficially Owned by Each 1,053,500 Reporting Person 10 Check Box if the Aggregate Amount in Row (9) Excludes [ ] Certain Shares 11 Percent of Class Represented by Amount in Row 9 9.6% 12 Type of Reporting Person IN CUSIP 465707107 SCHEDULE 13G Page 4 of 10 1 Name of Reporting Person P. BARTLETT STEPHENS IRS Identification No. of Above Person 2 Check the Appropriate Box if a member of a Group (a) [ ] (b) [ ] 3 SEC USE ONLY 4 Citizenship or Place of Organization UNITED STATES NUMBER OF 5 Sole Voting Power 1,053,500 SHARES BENEFICIALLY 6 Shared Voting Power 0 OWNED BY EACH REPORTING 7 Sole Dispositive Power 1,053,500 PERSON WITH 8 Shared Dispositive Power 0 9 Aggregate Amount Beneficially Owned by Each 1,053,500 Reporting Person 10 Check Box if the Aggregate Amount in Row (9) Excludes [ ] Certain Shares 11 Percent of Class Represented by Amount in Row 9 9.6% 12 Type of Reporting Person IN/HC CUSIP 465707107 SCHEDULE 13G Page 5 of 10 1 Name of Reporting Person W. BRADFORD STEPHENS IRS Identification No. of Above Person 2 Check the Appropriate Box if a member of a Group (a) [ ] (b) [ ] 3 SEC USE ONLY 4 Citizenship or Place of Organization UNITED STATES NUMBER OF 5 Sole Voting Power 1,053,500 SHARES BENEFICIALLY 6 Shared Voting Power 0 OWNED BY EACH REPORTING 7 Sole Dispositive Power 1,053,500 PERSON WITH 8 Shared Dispositive Power 0 9 Aggregate Amount Beneficially Owned by Each 1,053,500 Reporting Person 10 Check Box if the Aggregate Amount in Row (9) Excludes [ ] Certain Shares 11 Percent of Class Represented by Amount in Row 9 9.6% 12 Type of Reporting Person IN/HC CUSIP 465707107 SCHEDULE 13G Page 6 of 10 Item 1(a). Name of Issuer: Ithaka Acquisition Corp. Item 1(b). Address of Issuer's Principal Executive Offices: 100 South Pointe Drive, 23rd Floor Miami, FL 33139 Item 2(a). Names of Persons Filing: Stephens Investment Management, LLC ("SIM") Paul H. Stephens ("Paul Stephens") P. Bartlett Stephens ("Bart Stephens") W. Bradford Stephens ("Brad Stephens") Item 2(b). Address of Principal Business Office or, if none, Residence: The principal business address of each reporting person is One Sansome Street, Suite 2900, San Francisco, CA 94104. Item 2(c). Citizenship: Reference is made to Item 4 of pages 2-5 of this Schedule 13G (this "Schedule"), which Items are incorporated by reference herein. Item 2(d). Title of Class of Securities: Common Stock, $.0001 par value Item 2(e). CUSIP Number: 465707107 Item 3. If this statement is filed pursuant to Sections 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). CUSIP 465707107 SCHEDULE 13G Page 7 of 10 (e) [ ] An investment adviser in accordance with Section 240.13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with Section 240.13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with Section 240.13d-1(b)(1)(ii)(G); (h) [ ] A savings associations 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. Reference is hereby made to Items 5-9 and 11 of pages 2-5 of this Schedule, which Items are incorporated by reference herein. SIM, as general partner and investment manager of certain client accounts, may be deemed to have the power to direct the voting or disposition of the Issuer's common stock held by such accounts. Therefore, SIM, as those accounts' general partner and investment manager, and Paul Stephens, Brad Stephens and Bart Stephens, as managing members and owners of SIM, may be deemed to beneficially own the common stock owned by those accounts for the purposes of Rule 13d-3 of the Securities Exchange Act of 1934, as amended, insofar as they may be deemed to have the power to direct the voting or disposition of that common stock. Neither the filing of this Schedule nor any of its contents shall be deemed to constitute an admission that SIM, Paul Stephens, Brad Stephens or Bart Stephens is, for any other purpose, the beneficial owner of any securities to which this Schedule relates, and each of SIM, Paul Stephens, Brad Stephens and Bart Stephens disclaims beneficial ownership as to those securities, except to the extent of his or its pecuniary interests therein. Neither the filing of this Schedule nor any of its contents shall be deemed to constitute an admission that any of the other individual general partners, directors, executive officers, and members of SIM is, for any purpose, the beneficial owner of any of the securities to which this Schedule relates, and such beneficial ownership is expressly disclaimed. The calculation of percentage of beneficial ownership in item 11 of pages 2-5 was derived from the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 15, 2007, in which the Issuer stated that the number of shares of common stock, $.0001 par value, outstanding as of May 15, 2007 was 10,974,100. CUSIP 465707107 SCHEDULE 13G Page 8 of 10 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. SIM serves as general partner and investment manager to certain client accounts that have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Issuer's common stock. Other than as reported in this Schedule, no individual client's holdings exceed five percent of that common stock. 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. Not applicable. Item 9. Notice of Dissolution of Group. Not applicable. 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 with or as a participant in any transaction having that purpose or effect. Signature After reasonable inquiry and to the best of my knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: May 22, 2007 STEPHENS INVESTMENT MANAGEMENT, LLC By: /s/ W. Bradford Stephens ------------------------------------ W. Bradford Stephens Its Managing Member CUSIP 465707107 SCHEDULE 13G Page 9 of 10 /s/ Paul H. Stephens --------------------------------------- Paul H. Stephens /s/ P. Bartlett Stephens --------------------------------------- P. Bartlett Stephens /s/ W. Bradford Stephens --------------------------------------- W. Bradford Stephens EXHIBIT INDEX Exhibit A Joint Filing Undertaking Page 10 CUSIP 465707107 SCHEDULE 13G Page 10 of 10 EXHIBIT A JOINT FILING UNDERTAKING The undersigned, being authorized thereunto, hereby execute this agreement as an exhibit to this Schedule 13G to evidence the agreement of the below-named parties, in accordance with rules promulgated pursuant to the Securities Exchange Act of 1934, to file this Schedule, as it may be amended, jointly on behalf of each of such parties. Dated: May 22, 2007 STEPHENS INVESTMENT MANAGEMENT, LLC By: /s/ W. Bradford Stephens ------------------------------------ W. Bradford Stephens Its Managing Member /s/ Paul H. Stephens --------------------------------------- Paul H. Stephens /s/ P. Bartlett Stephens --------------------------------------- P. Bartlett Stephens /s/ W. Bradford Stephens --------------------------------------- W. Bradford Stephens -----END PRIVACY-ENHANCED MESSAGE-----