-----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, AVVj/mgJ8vUr5tRGUZBsWELaD2sdzT5k+1Ct6vAH9FCT4PEiqiuAZSlyG1k+r6oh SQP/mWJXq/e0YcwdjYm3uQ== 0000891092-08-004952.txt : 20081009 0000891092-08-004952.hdr.sgml : 20081009 20081009141357 ACCESSION NUMBER: 0000891092-08-004952 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20081009 DATE AS OF CHANGE: 20081009 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Jazz Technologies, Inc. CENTRAL INDEX KEY: 0001337675 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 203014632 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-81680 FILM NUMBER: 081115826 BUSINESS ADDRESS: STREET 1: 4321 JAMBOREE ROAD CITY: NEWPORT BEACH STATE: CA ZIP: 92660 BUSINESS PHONE: (949) 435-8000 MAIL ADDRESS: STREET 1: 4321 JAMBOREE ROAD CITY: NEWPORT BEACH STATE: CA ZIP: 92660 FORMER COMPANY: FORMER CONFORMED NAME: Acquicor Technology Inc DATE OF NAME CHANGE: 20050831 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Silver Point Capital L.P. CENTRAL INDEX KEY: 0001332784 IRS NUMBER: 223844936 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: TWO GREENWICH PLAZA, FIRST PLAZA CITY: GREENWICH STATE: CT ZIP: 06830 BUSINESS PHONE: (203) 542-4000 MAIL ADDRESS: STREET 1: TWO GREENWICH PLAZA, FIRST PLAZA CITY: GREENWICH STATE: CT ZIP: 06830 SC 13D/A 1 e33173sch13d.txt SCHEDULE 13D/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13D/A Amendment No. 1 Under the Securities Exchange Act of 1934 JAZZ TECHNOLOGIES, INC. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $0.0001 par value per share - -------------------------------------------------------------------------------- (Title of Class of Securities) 47214E102 - -------------------------------------------------------------------------------- (CUSIP Number) Frederick H. Fogel Silver Point Capital, L.P. 2 Greenwich Plaza Greenwich, CT 06830 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) COPY TO: David Lerner, Esq. Morrison Cohen LLP 909 Third Avenue New York, New York 10022 September 19, 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 ss.ss.240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. |_| Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See ss.240.13d-7 for other parties to whom copies are to be sent. 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. 47214E102 13D Page 2 of 7 Pages - ------------------- ----------------- ================================================================================ 1 NAMES OF REPORTING PERSONS SILVER POINT CAPITAL, L.P. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E) |_| - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES 0 BENEFICIALLY ---------------------------------------- OWNED BY 8 SHARED VOTING POWER EACH 0 REPORTING ---------------------------------------- PERSON 9 SOLE DISPOSITIVE POWER WITH 0 ---------------------------------------- 10 SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IA, PN ================================================================================ - ------------------- ----------------- CUSIP No. 47214E102 13D Page 3 of 7 Pages - ------------------- ----------------- ================================================================================ 1 NAMES OF REPORTING PERSONS ROBERT J. O'SHEA - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E) |_| - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION UNITED STATES - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES 0 BENEFICIALLY ---------------------------------------- OWNED BY 8 SHARED VOTING POWER EACH 0 REPORTING ---------------------------------------- PERSON 9 SOLE DISPOSITIVE POWER WITH 0 ---------------------------------------- 10 SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN ================================================================================ - ------------------- ----------------- CUSIP No. 47214E102 13D Page 4 of 7 Pages - ------------------- ----------------- ================================================================================ 1 NAMES OF REPORTING PERSONS EDWARD A. MULE - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR 2(E) |_| - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION UNITED STATES - -------------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES 0 BENEFICIALLY ---------------------------------------- OWNED BY 8 SHARED VOTING POWER EACH 0 REPORTING ---------------------------------------- PERSON 9 SOLE DISPOSITIVE POWER WITH 0 ---------------------------------------- 10 SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN ================================================================================ This Amendment No. 1 (this "Amendment No. 1") amends the Schedule 13D previously filed by the reporting persons with the Securities and Exchange Commission on April 5, 2007 (the "Schedule 13D"). This Amendment No. 1 makes certain changes to Items 4, 5(a)-(c) and 7 and should be read in conjunction with the previously-filed Schedule 13D. Item 4. Purpose of Transaction. The consummation of the merger (the "Merger") contemplated by that certain Agreement and Plan of Merger and Reorganization (the "Merger Agreement"), dated as of May 19, 2008, among the Issuer, Tower Semiconductor Ltd. ("Tower") and certain of their respective affiliates occurred on September 19, 2008. Pursuant to the Merger Agreement, each share of common stock of the Issuer, par value $0.0001 per share, held by the Reporting Persons was automatically converted into the right to receive 1.8 ordinary shares of Tower, par value NIS 1.00. Pursuant to the Merger Agreement, each outstanding warrant to purchase one share of common stock of the Issuer became a warrant to purchase 1.8 ordinary shares of Tower, at an exercise price of $2.78 per share. Pursuant to the Merger Agreement, the Convertible Senior Notes of the Issuer will be convertible into 245.57 ordinary shares of Tower per $1,000 aggregate principal amount of Convertible Senior Notes. As a result of the Merger, the Reporting Persons no longer beneficially own any securities of the Issuer. Item 5. Interest in Securities of the Issuer. (a) - (c) The Reporting Persons no longer beneficially own any securities of the Issuer. Item 7. Material to be filed as Exhibits. Exhibit 1 - Joint filing Agreement, dated October 8, 2008 SIGNATURES After reasonable inquiry and to the best of each of the undersigned's knowledge and belief, each of the undersigned certify that the information set forth in this statement is true, complete and correct. Date: October 8, 2008 SILVER POINT CAPITAL, L.P. By: /s/ Frederick H. Fogel ---------------------- Name: Frederick H. Fogel Its: Authorized Signatory Exhibit 1 --------- AGREEMENT REGARDING THE JOINT FILING OF SCHEDULE 13D ---------------------------------------------------- The undersigned hereby agree as follows: (a) Each of them is individually eligible to use the Schedule 13D to which this Exhibit is attached, and such Schedule 13D is filed on behalf of each of them; and (b) Each of them is responsible for the timely filing of such Schedule 13D and any amendments thereto, and for the completeness and accuracy of the information concerning such person contained therein; but none of them is responsible for the completeness or accuracy of the information concerning the other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate. Date: October 8 2008 SILVER POINT CAPITAL, L.P. By: /s/ Frederick H. Fogel ---------------------- Name: Frederick H. Fogel Its: Authorized Signatory /s/ Edward A. Mule ------------------ Edward A. Mule, individually /s/ Robert J. O'Shea -------------------- Robert J. O'Shea, individually -----END PRIVACY-ENHANCED MESSAGE-----