-----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, PnJH0luD6V/sW0O+1dY8TCpEevKXKgwe7u2WO5FAZOjqUR74ww55x9Ld6oj1RpAg TYx0GYAwmPxWPSnzzpqr8g== 0000950120-08-000498.txt : 20081006 0000950120-08-000498.hdr.sgml : 20081006 20081006164245 ACCESSION NUMBER: 0000950120-08-000498 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20081006 DATE AS OF CHANGE: 20081006 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Ascend Acquisition Corp. CENTRAL INDEX KEY: 0001350773 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 203881465 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-81810 FILM NUMBER: 081110003 BUSINESS ADDRESS: STREET 1: 435 DEVON PARK DRIVE STREET 2: BUILDING 400 CITY: WAYNE STATE: PA ZIP: 19087 BUSINESS PHONE: 610-293-2512 MAIL ADDRESS: STREET 1: 435 DEVON PARK DRIVE STREET 2: BUILDING 400 CITY: WAYNE STATE: PA ZIP: 19087 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: GELBAND ALAN CENTRAL INDEX KEY: 0000908361 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 575 MADISON AVE STREET 2: 7TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2126882808 MAIL ADDRESS: STREET 1: 750 THIRD AVENUE STREET 2: 16TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 SC 13G 1 schedule13g.htm SCHEDULE 13G schedule13g.htm
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
 
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT 1934
(Amendment No. _________________)*
 
 
ASCEND ACQUISITION CORP.

(Name of Issuer)
 
COMMON STOCK

(Title of Class of Securities)
 
04350H308

(CUSIP Number)
 
September 29, 2008

(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 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.04350H308
 
1
NAME OF REPORTING PERSONS
 
Alan Gelband
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) o   
(b) o   
3
SEC USE ONLY
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5
SOLE VOTING POWER
 
66,345
6
SHARED VOTING POWER
 
N/A
7
SOLE DISPOSITIVE POWER
 
66,345
8
SHARED DISPOSITIVE POWER
 
N/A
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
        66,345
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*                                                                                    [X]
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
7.7%
12
TYPE OF REPORTING PERSON*
 
    Individual

2

 
CUSIP No.04350H308
 
SCHEDULE 13G
 
Item 1(a).
Name of Issuer:
 
Ascend Acquisition Corp.
 
Item 1(b).
Address of Issuer’s Principal Executive Offices:
 
 
435 Devon Park Drive, Bldg 400
 
Wayne, PA 19087
 
Item 2(a).
Name of Person Filing:
 
Alan Gelband
 
Item 2(b).
Address of Principal Business Office, or if none, Residence:
 
 
750 Third Avenue,
 
21st Floor
 
New York, NY  10017
 
Item 2(c).
Citizenship:
 
 
United States
 
Item 2(d).
Title of Class of Securities:
 
Common Stock
 
Item 2(e).
CUSIP Number:
 
 
04350H308
 
Item 3.
Reporting Person:
 
 
Not applicable
 
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 beneficially owned by the Reporting Person.
 
 
(a)
Amount beneficially owned:   66,345 shares
 
 
(b)
Percent of class:   7.7%
 
 
(c)
Number of shares as to which such person has:
 
 
(i)
Sole power to vote or direct the vote:  66,345 shares
 
 
(ii)
Shared power to vote or direct the vote:   -0-
 
3

 
CUSIP No.04350H308
 
 
(iii)
Sole power to dispose or direct the disposition of:  66,345 shares
 
 
(iv)
Shared power to dispose or direct the disposition:   -0-
 
The number of shares beneficially owned and the percentage of outstanding shares represented thereby for the Reporting Person has been computed in accordance with Rule 13d-3 under the Securities Exchange Act of 1934, as amended.  The percentage of ownership described above is based on the assumption that 856,667 shares of Common Stock were outstanding as of September 29, 2008, after giving effect to a 1-for-10 reverse stock split of the Common Stock.   The ownership amount does not include 80,000 shares of Common Stock underlying warrants owned by the Reporting Person exercisable at $50.00 a share expiring on May 10, 2010.
 
The Reporting Person holds the shares either directly (10,200 shares) or on behalf of his pension fund, the Alan Gelband Company Defined Contribution Plan and Trust (56,145 shares).
 
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 Company .
 
Not applicable
 
Item 8.
Identification and Classification of the Members of the Group.
 
Not applicable
 
Item 9.
Notice of Dissolution of Group.
 
Not applicable
 
Item 10.
Certification.
 
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, I certify that the information set forth in this statement is true, complete and accurate.
 
Dated:  October 6, 2008
 
 
/s/ Alan Gelband
 
Alan Gelband
 
4

 
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