-----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, IJ3cdjcVyM3X9alzKEUC7twarlDo/9X2NfZvjtfCdctFyteRZvlFNxao3APKE1pI r6KP2kwxeVQWufBydgA5vg== 0001011438-10-000401.txt : 20100827 0001011438-10-000401.hdr.sgml : 20100827 20100827172815 ACCESSION NUMBER: 0001011438-10-000401 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20100827 DATE AS OF CHANGE: 20100827 GROUP MEMBERS: LITTLEJOHN ASSOCIATERS III, L.L.C. GROUP MEMBERS: LITTLEJOHN FUND III, L.P. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ACCURIDE CORP CENTRAL INDEX KEY: 0000817979 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714] IRS NUMBER: 611109077 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-61953 FILM NUMBER: 101044948 BUSINESS ADDRESS: STREET 1: ACCURIDE STREET 2: 7140 OFFICE CIRCLE CITY: EVANSVILLE STATE: IN ZIP: 47715 BUSINESS PHONE: 8129625000 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Cetus Capital, LLC CENTRAL INDEX KEY: 0001492143 IRS NUMBER: 861177422 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 8 SOUND SHORE DRIVE CITY: GREENWICH STATE: CT ZIP: 06830 BUSINESS PHONE: 203-552-3586 MAIL ADDRESS: STREET 1: 8 SOUND SHORE DRIVE CITY: GREENWICH STATE: CT ZIP: 06830 SC 13G/A 1 form_sc13ga-accuride.htm form_sc13ga-accuride.htm

 
 

 


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

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No. 1)*


ACCURIDE CORPORATION
(Name of Issuer)
 
Common Stock, par value $0.01 per share
(Title of Class of Securities)
 
00439T107
(CUSIP Number)
 
August 26, 2010
(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

                o Rule 13d-1(b)
x Rule 13d-1(c)
o 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. 00439T107
13G
Page 2 of 14
 
1
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Cetus Capital, LLC
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) o  
(b) x
3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5
SOLE VOTING POWER
15,152,676(1)
6
SHARED VOTING POWER
0
7
SOLE DISPOSITIVE POWER
15,152,676(1)
8
SHARED DISPOSITIVE POWER
0
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
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
10.713%(2)(3)
12
TYPE OF REPORTING PERSON (See Instructions)
OO


 
 

 


CUSIP No. 00439T107
13G
Page 3 of 14

(1)  This value includes 15,144,241 shares of common stock potentially convertible from $10,761,704 principal amount of 7.5% Senior Convertible Notes (excluding future paid-in-kind interests, but including paid-in-kind interest payable on August 26, 2010) and assumes the exercise of warrants to purchase 8,435 shares of common stock.
(2)  This value is based on 126,294,882 shares of common stock of Accuride Corporation outstanding as disclosed in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on August 6, 2010, plus 15,144,241 shares of common stock potentially convertible from $10,761,704 principal amount of 7.5% Senior Convertible Notes and 8,435 shares of common stock from the assumed exercise of warrants.
(3)  See Item 4 of this Schedule.

 
 

 


CUSIP No. 00439T107
13G
Page 4 of 14

1
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Littlejohn Fund III, L.P.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) o  
(b) x 
3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5
SOLE VOTING POWER
15,152,676(1)
6
SHARED VOTING POWER
 
7
SOLE DISPOSITIVE POWER
15,152,676(1)
8
SHARED DISPOSITIVE POWER
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
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
10.713%(2)(3)
12
TYPE OF REPORTING PERSON (See Instructions)
OO
 
 
 
 

 
CUSIP No. 00439T107
13G
Page 5 of 14


(1)  This value includes 15,144,241 shares of common stock potentially convertible from $10,761,704 principal amount of 7.5% Senior Convertible Notes (excluding future paid-in-kind interests, but including paid-in-kind interest payable on August 26, 2010) and assumes the exercise of warrants to purchase 8,435 shares of common stock.
(2)  This value is based on 126,294,882 shares of common stock of Accuride Corporation outstanding as disclosed in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on August 6, 2010, plus 15,144,241 shares of common stock potentially convertible from $10,761,704 principal amount of 7.5% Senior Convertible Notes and 8,435 shares of common stock from the assumed exercise of warrants.
(3)  See Item 4 of this Schedule.

 
 

 


CUSIP No. 00439T107
13G
Page 6 of 14

1
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Littlejohn Associates III, L.L.C.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) o  
(b) x  
3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
5
SOLE VOTING POWER
15,152,676(1)
6
SHARED VOTING POWER
 
7
SOLE DISPOSITIVE POWER
15,152,676(1)
8
SHARED DISPOSITIVE POWER
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
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
10.713%(2)(3)
12
TYPE OF REPORTING PERSON (See Instructions)
OO


 
 

 


CUSIP No. 00439T107
13G
Page 7 of 14


(1)  This value includes 15,144,241 shares of common stock potentially convertible from $10,761,704 principal amount of 7.5% Senior Convertible Notes (excluding future paid-in-kind interests, but including paid-in-kind interest payable on August 26, 2010) and assumes the exercise of warrants to purchase 8,435 shares of common stock.
(2)  This value is based on 126,294,882 shares of common stock of Accuride Corporation outstanding as disclosed in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on August 6, 2010, plus 15,144,241 shares of common stock potentially convertible from $10,761,704 principal amount of 7.5% Senior Convertible Notes and 8,435 shares of common stock from the assumed exercise of warrants.
(3)  See Item 4 of this Schedule.


 
 

 


CUSIP No. 00439T107
13G
Page 8 of 14

SCHEDULE 13G

Item 1(a)                Name of Issuer.

Accuride Corporation (the “Issuer”).

Item 1(b)                Address of Issuer’s Principal Executive Offices.

7140 OFFICE CIRCLE
EVANSVILLE IN 47715

Item 2(a)                Name of Person Filing.

This statement is filed by the entities and persons listed below, all of whom together are referred to herein as the “Reporting Persons”:

 
Cetus Capital, LLC (“Cetus”)
 
Littlejohn Fund III, L.P. (“Littlejohn Fund III”)
 
Littlejohn Associates III, L.L.C. (“Littlejohn Associates III”)

 
This statement refers to Shares (as defined below) held by Cetus.  Littlejohn Associates III, the general partner of Littlejohn Fund III, the sole member of Cetus, may be deemed the beneficial owners of the Shares reported in this statement.

Item 2(b)                Address of Principal Business Office, or, if none, Residence.
 
                                The address and principal business office of each of the Reporting Persons is 8 Sound Shore Drive,
Greenwich, CT 06830.

Item 2(c)                Citizenship or Place of Organization.

 
Cetus and Littlejohn Associates III are Delaware limited liability companies.  Littlejohn Fund III is a Delaware limited partnership.

Item 2(d)                Title of Class of Securities.

Common Stock, $0.01 Par Value (the “Shares”)



 
 

 



CUSIP No. 00439T107
13G
Page 9 of 14


Item 2(e)                CUSIP Number.

00439T107

Item 3                     Reporting Person.

If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), check whether the person filing is a:

 
Inapplicable.

Item 4                    Ownership.

A.  Cetus Captial, LLC

(a)   Amount beneficially owned:  15,152,676(1)
 
(b)   Percent of class: 10.713%(1)(2)
 
(c)   Number of shares as to which such person has:
 
(i)   Sole power to vote or to direct the vote: 15,152,676(1)
 
(ii)  Shared power to vote or to direct the vote:  0
 
(iii) Sole power to dispose or to direct the disposition of: 15,152,676(1)
 
(iv) Shared power to dispose or to direct the disposition of: 0
 
B.  Littlejohn Fund III, L.P.

(a)   Amount beneficially owned:  15,152,676(1)
 
(b)   Percent of class: 10.713%(1)(2)
 
(c)   Number of shares as to which such person has:
 
(i)   Sole power to vote or to direct the vote: 15,152,676(1)
 
(ii)  Shared power to vote or to direct the vote: 0
 
(iii) Sole power to dispose or to direct the disposition of: 15,152,676(1)
 

 
 

 


 
CUSIP No. 00439T107
13G
Page 10 of 14

 
(iv) Shared power to dispose or to direct the disposition of: 0
 
C.  Littlejohn Associates III, L.L.C.

(a)   Amount beneficially owned:  15,152,676(1)
 
(b)   Percent of class: 10.713%(1)(2)
 
(c)   Number of shares as to which such person has:
 
(i)   Sole power to vote or to direct the vote: 15,152,676(1)
 
(ii)  Shared power to vote or to direct the vote: 0
 
(iii) Sole power to dispose or to direct the disposition of: 15,152,676(1)
 
(iv) Shared power to dispose or to direct the disposition of: 0
 
(1)
This value includes 15,144,241 shares of common stock potentially convertible from $10,761,704 principal amount of 7.5% Senior Convertible Notes (excluding future paid-in-kind interests, but including paid-in-kind interest payable on August 26, 2010) and assumes the exercise of warrants to purchase 8,435 shares of common stock.
 
 

(2)
This value is based on 126,294,882 shares of common stock of Accuride Corporation outstanding as disclosed in the Issuer’s Form 10-Q filed with the Securities and Exchange Commission on August 6, 2010, plus 15,144,241 shares of common stock potentially convertible from $10,761,704 principal amount of 7.5% Senior Convertible Notes and 8,435 shares of common stock from the assumed exercise of warrants.
 
Item 5                    Ownership of Five Percent or Less of a Class.

Inapplicable.

Item 6                    Ownership of More Than Five Percent on Behalf of Another Person.

Inapplicable.

Item 7
Identification and Classification of the Subsidiary which Acquired the Security Being Reported On by the Parent Holding Company.

 
 

 


CUSIP No. 00439T107
13G
Page 11 of 14

Inapplicable.

Item 8
Identification and Classification of Members of the Group.

Inapplicable.

Item 9
Notice of Dissolution of Group.

Inapplicable.

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.

Exhibits                 Exhibit 1

Joint Filing Agreement dated August 27, 2010, among Cetus, Littlejohn Fund III and Littlejohn Associates III.



 
 

 



CUSIP No. 00439T107
13G
Page 12 of 14


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.


Date:  August 27, 2010


Cetus Capital, LLC

By:  Littlejohn Fund III, L.P., manager
By:  Littlejohn Associates III, L.L.C., its general partner


By:           /s/ Michael I. Klein                                                      
Michael I. Klein, manager


Littlejohn Fund III, L.P.

By:  Littlejohn Associates III, L.L.C., its general partner


By:           /s/ Michael I. Klein                                                      
Michael I. Klein, manager


Littlejohn Associates III, L.L.C.



By:           /s/ Michael I. Klein                                                      
Michael I. Klein, manager




 
 

 



CUSIP No. 00439T107
13G
Page 13 of 14


EXHIBIT 1

JOINT FILING AGREEMENT

In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the undersigned agree to the joint filing on behalf of each of them of a Statement on Schedule 13G (including any and all amendments thereto) with respect to the to the Common Stock, par value $0.01 per share, of Accuride Corporation, and further agree that this Joint Filing Agreement shall be included as an Exhibit to such joint filings.

The undersigned further agree that each party hereto is responsible for the timely filing of such Statement on Schedule 13G and any amendments thereto, and for the accuracy and completeness of the information concerning such party contained therein; provided, however, that no party is responsible for the accuracy or completeness of the information concerning any other party, unless such party knows or has reason to believe that such information is inaccurate.

This Joint Filing Agreement may be signed in counterparts with the same effect as if the signature on each counterpart were upon the same instrument.

IN WITNESS WHEREOF, the undersigned have executed this Agreement as of August 27, 2010.

Cetus Capital, LLC

By:  Littlejohn Fund III, L.P., manager
By:  Littlejohn Associates III, L.L.C., its general partner


By:           /s/ Michael I. Klein                                                      
Michael I. Klein



 
 

 


CUSIP No. 00439T107
13G
Page 14 of 14

Littlejohn Fund III, L.P.

By:  Littlejohn Associates III, L.L.C., its general partner


By:           /s/ Michael I. Klein                                           
Michael I. Klein, manager




Littlejohn Associates III, L.L.C.



By:           /s/ Michael I. Klein                                                      
Michael I. Klein, manager




 
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