SC 13G 1 sch13g.htm FORM SC 13G Passport Capital LLC: Schedule 13G - Filed by newsfilecorp.com

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. ___)*

Sungy Mobile Limited

(Name of Issuer)
 

Class A Ordinary Shares (held via ADR)

(Title of Class of Securities)

 

86737M100

(CUSIP Number)

 

November 22, 2013

(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).


SCHEDULE 13G


CUSIP No. 86737M100
 

   

1

Names of Reporting Persons

 

 

 

Passport Special Opportunities Master Fund, L.P.

2

Check the appropriate box if a member of a Group (see instructions)
 

 

(a)

[  ]

 

(b)

[  ]

3

Sec Use Only

 

 

4

Citizenship or Place of Organization

 

 

 

British Virgin Islands



Number of
Shares
Beneficially
Owned by Each
Reporting Person 
With:


5

Sole Voting Power

 

 

 

 

6

Shared Voting Power

 

 

 

5,400,000 Class A Shares (held via 900,000 ADR shares)

  7

Sole Dispositive Power

 

 

 

 

8

Shared Dispositive Power

 

 

 

5,400,000 Class A Shares (held via 900,000 ADR shares)

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

 

 

5,400,000 Class A Shares (held via 900,000 ADR 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)

 

     12.8% 

   

12

Type of Reporting Person (See Instructions)

 

 

 

PN

   

Page 2 of 8


SCHEDULE 13G


CUSIP No. 86737M100
 

   

1

Names of Reporting Persons

 

 

 

Passport Holdings, LLC

2

Check the appropriate box if a member of a Group (see instructions)
 

 

(a)

[  ]

 

(b)

[  ]

3

Sec Use Only

 

 

4

Citizenship or Place of Organization

 

 

 

United States of America



Number of
Shares
Beneficially
Owned by Each
Reporting Person 
With:


5

Sole Voting Power

 

 

 

 

6

Shared Voting Power

 

 

 

5,400,000 Class A Shares (held via 900,000 ADR shares)

  7

Sole Dispositive Power

 

 

 

 

8

Shared Dispositive Power

 

 

 

5,400,000 Class A Shares (held via 900,000 ADR shares)

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

 

 

5,400,000 Class A Shares (held via 900,000 ADR 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)

 

     12.8% 

   

12

Type of Reporting Person (See Instructions)

 

 

 

CO

   

Page 3 of 8


SCHEDULE 13G

 


CUSIP No. 86737M100
 

   

1

Names of Reporting Persons

 

 

 

Passport Capital, LLC

2

Check the appropriate box if a member of a Group (see instructions)
 

 

(a)

[  ]

 

(b)

[  ]

3

Sec Use Only

 

 

4

Citizenship or Place of Organization

 

 

 

United States of America



Number of
Shares
Beneficially
Owned by Each
Reporting Person 
With:


5

Sole Voting Power

 

 

 

 

6

Shared Voting Power

 

 

 

6,075,000 Class A Shares (held via 1,012,500 ADR shares)

  7

Sole Dispositive Power

 

 

 

 

8

Shared Dispositive Power

 

 

 

6,075,000 Class A Shares (held via 1,012,500 ADR shares)

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

 

 

6,075,000 Class A Shares (held via 1,012,500 ADR 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)

 

     14.4%

   

12

Type of Reporting Person (See Instructions)

 

 

 

IA

   

Page 4 of 8


SCHEDULE 13G


CUSIP No. 86737M100
 

   

1

Names of Reporting Persons

 

 

 

John H. Burbank III

2

Check the appropriate box if a member of a Group (see instructions)
 

 

(a)

[  ]

 

(b)

[  ]

3

Sec Use Only

 

 

4

Citizenship or Place of Organization

 

 

 

United States of America



Number of
Shares
Beneficially
Owned by Each
Reporting Person 
With:


5

Sole Voting Power

 

 

 

 

6

Shared Voting Power

 

 

 

6,075,000 Class A Shares (held via 1,012,500 ADR shares)

  7

Sole Dispositive Power

 

 

 

 

8

Shared Dispositive Power

 

 

 

6,075,000 Class A Shares (held via 1,012,500 ADR shares)

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

 

 

6,075,000 Class A Shares (held via 1,012,500 ADR 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)

 

     14.4%

   

12

Type of Reporting Person (See Instructions)

 

 

 

IN

   

Page 5 of 8


Item 1.

(a)

Name of Issuer: Sungy Mobile Limited

   
(b)

Address of Issuer’s Principal Executive Offices:

   

Floor 17, Tower A, China International Center, No. 33 Zhongshan 3rd Road, Yuexiu District,
Guangzhou 510055, People’s Republic of China

   
Item 2. Name of Person Filing:

Passport Special Opportunities Master Fund, L.P. (“the Special Opportunities Fund”);
Passport Holdings, LLC (“Passport Holdings”);
Passport Capital, LLC (“Passport Capital”); and
John H Burbank III (“Burbank,” together with the Special Opportunities Fund, Passport Holdings and
Passport Capital, the “Reporting Persons”).

Burbank is the sole managing member of Passport Capital and Passport Holdings; Passport Holdings is the General Partner of the Special Opportunities Fund. Passport Capital is the investment manager to the Special Opportunities Fund. Passport Capital is also the investment manager to certain other funds (the “Other Funds”). The Special Opportunities Fund and Other Funds are the owners of record of an aggregate of 6,075,000 Class A Shares (held via ADR shares). Under the terms of the relevant investment management agreements, Passport Capital has the right to dispose of and vote the Shares owned of record by the Special Opportunities Fund and the Other Funds. As a result, each of Passport Holdings, Passport Capital and Burbank may be considered to share the power to vote or direct the vote of, and the power to dispose or direct the disposition of, the Shares owned of record by the Special Opportunities Fund and/or the Other Funds. This statement on Schedule 13G shall not be construed as an admission that any of the Reporting Persons (other than the Special Opportunities Fund) is the beneficial owner of the securities covered by this statement.

(a)

Address of Principal Business Office or, if None, Residence:

C/O PASSPORT CAPITAL, LLC
ONE MARKET ST., STEUART TOWER, STE. 2200,
SAN FRANCISCO, CA 94105

(b)

Citizenship: See row 4 of Reporting Person’s cover page.

   
(c)

Title and Class of Securities: Class A Ordinary Shares

   
(d)

CUSIP No.: 86737M100


Item 3. If this statement is filed pursuant to §§ 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;
       
  (b) [_] Bank as defined in Section 3(a)(6) of the Act;
       
  (c) [_] Insurance company as defined in Section 3(a)(19) of the Act;
       
  (d) [_] Investment company registered under Section 8 of the Investment Company Act of 1940;

Page 6 of 8



  (e) [_] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
       
  (f) [_] An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);
       
  (g) [_] A parent holding company or control person in accordance with Rule 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;
       
  (j) [_] A non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J);
       
  (k) [_] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
   
Item 4. Ownership
   
(a)

Amount Beneficially Owned: See Item 9 of Reporting Persons’ respective cover page.

     
(b)

Percent of Class: See Item 11 of Reporting Persons’ respective cover page.

     
(c)

Number of shares as to which such person has:

     

See Items 5-8 of each Reporting Persons’ respective cover page.

     
(i)

Sole power to vote or to direct the vote:

     
(ii)

Shared power to vote or to direct the vote:

     
(iii)

Sole power to dispose or to direct the disposition of:

     
(iv)

Shared power to dispose or to direct the disposition of:


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.

Not applicable.

Item 7. Identification and classification of the subsidiary which acquired the security being reported on by the parent holding company or control person.

Not applicable.

Item 8. Identification and classification of members of the group.

Not applicable.

Item 9. Notice of Dissolution of Group.

Not applicable.

Page 7 of 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 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 correct.

Dated: November 25, 2013

PASSPORT SPECIAL OPPORTUNITIES MASTER FUND, LP
By: PASSPORT HOLDINGS LLC, as General Partner
 
By: /s/ JOHN BURBANK
             John Burbank III
             Managing Member
 
 
PASSPORT HOLDINGS, LLC
 
 
By: /s/ JOHN BURBANK
             John Burbank III,
             Managing Member
 
 
PASSPORT CAPITAL, LLC
 
 
By: /s/ JOHN BURBANK
             John Burbank III,
             Managing Member
 
 
              /s/ JOHN BURBANK
              John Burbank III

The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative (other than an executive officer or general partner of this filing person), evidence of the representative's authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature.

Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001).

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