-----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, MshX3jm/ukOvYheulC46ZcO8bjhS6bQGprVBo1vS8umsbBdlIezig0jVI94duTvw 7O88ZRmaU3VvG9OQw/x2tA== 0001104659-09-005873.txt : 20090203 0001104659-09-005873.hdr.sgml : 20090203 20090203104655 ACCESSION NUMBER: 0001104659-09-005873 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20090203 DATE AS OF CHANGE: 20090203 GROUP MEMBERS: RADCLIFFE SPC, LTD. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: OSCIENT PHARMACEUTICALS CORP CENTRAL INDEX KEY: 0000356830 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 042297484 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-34935 FILM NUMBER: 09563423 BUSINESS ADDRESS: STREET 1: 1000 WINTER STREET STREET 2: SUITE 2200 CITY: WALTHAM STATE: MA ZIP: 02451 BUSINESS PHONE: 7813982300 MAIL ADDRESS: STREET 1: 1000 WINTER STREET STREET 2: SUITE 2200 CITY: WALTHAM STATE: MA ZIP: 02451 FORMER COMPANY: FORMER CONFORMED NAME: GENOME THERAPEUTICS CORP DATE OF NAME CHANGE: 19941215 FORMER COMPANY: FORMER CONFORMED NAME: COLLABORATIVE RESEARCH INC DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Radcliffe Capital Management, L.P. CENTRAL INDEX KEY: 0001218275 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 50 MONUMENT ROAD, SUITE 300 CITY: BALA CYNWYD STATE: PA ZIP: 19004 BUSINESS PHONE: 6106175900 MAIL ADDRESS: STREET 1: 50 MONUMENT ROAD, SUITE 300 CITY: BALA CYNWYD STATE: PA ZIP: 19004 FORMER COMPANY: FORMER CONFORMED NAME: RG CAPITAL MANAGEMENT LP DATE OF NAME CHANGE: 20030211 SC 13G/A 1 a09-4190_1sc13ga.htm SC 13G/A

 

 

SECURITIES AND EXCHANGE COMMISSION

 

 

Washington, D.C. 20549

 

 

 

 

SCHEDULE 13G

 

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

 

Oscient Pharmaceuticals Corporation

(Name of Issuer)

Common Stock, $0.10 par value per share

(Title of Class of Securities)

68812R303

(CUSIP Number)

December 31, 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:

o

Rule 13d-1(b)

x

Rule 13d-1(c)

o

Rule 13d-1(d)

 

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 ( the 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. 68812R303

 

 

1

Name of Reporting Person/I.R.S. Identification No. of Above Person (Entities Only)
Radcliffe SPC, Ltd. for and on behalf of the Class A Segregated Portfolio

 

 

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
Cayman Islands

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
0

 

6

Shared Voting Power
2,313,880

 

7

Sole Dispositive Power
0

 

8

Shared Dispositive Power
2,313,880

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
2,313,880

 

 

10

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares  o

 

 

11

Percent of Class Represented by Amount in Row (9)
6.03%

 

 

12

Type of Reporting Person
OO

 

2



 

CUSIP No. 68812R303

 

 

1

Name of Reporting Person/I.R.S. Identification No. of Above Person (Entities Only)
Radcliffe Capital Management, L.P.

 

 

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
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
0

 

6

Shared Voting Power
2,313,880

 

7

Sole Dispositive Power
0

 

8

Shared Dispositive Power
2,313,880

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
2,313,880

 

 

10

Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares  o

 

 

11

Percent of Class Represented by Amount in Row (9)
6.03%

 

 

12

Type of Reporting Person
PN

 

3



 

CUSIP No. 68812R303

Item 1(a).

Name of Issuer:
Oscient Pharmaceuticals Corporation

Item 1(b).

Address of Issuer’s Principal Executive Offices:
1000 Winter Street, Suite 2200

Waltham, MA 02451

 

Item 2(a).

Name of Person Filing:
See Item 2(c) below.

Item 2(b).

Address of Principal Business Office:
See Item 2(c) below.

Item 2(c).

Citizenship:

(1)           Radcliffe SPC, Ltd. for and on behalf of the Class A Segregated Portfolio

c/o SEI Investments Global Fund Services, Ltd.

Styne House, Upper Hatch Street

Dublin 2 Ireland

Cayman Islands segregated portfolio company

 

(2)           Radcliffe Capital Management, L.P.1

50 Monument Road, Suite 300

Bala Cynwyd, PA 19004

Delaware limited partnership

Item 2(d).

Title of Class of Securities:
Common Stock, par value $0.10 per share (the “Common Stock”)

Item 2(e).

CUSIP Number:
68812R303

 


1Pursuant to an investment management agreement, Radcliffe Capital Management, L.P. (“RCM”) serves as the investment manager of Radcliffe SPC, Ltd.’s Class A Segregated Portfolio.  RGC Management Company, LLC (“Management”) is the general partner of RCM.  Steve Katznelson and Gerald Stahlecker serve as the managing members of Management.  Each of RCM, Management and Messrs. Katznelson and Stahlecker disclaims beneficial ownership of the securities owned by Radcliffe SPC, Ltd. for and on behalf of the Class A Segregated Portfolio.

 

4



 

CUSIP No. 68812R303

Item 3.

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

 

Not applicable.

 

Item 4(a).

Amount benficially owned:

See Item 4(b) below.

Item 4(b).

Percent of class:

As of December 31, 2008, Radcliffe SPC, Ltd. for and on behalf of the Class A Segregated Portfolio (“Radcliffe”) owned (i) 30,244 shares of the Issuer’s Common Stock, and (ii) $2,512,000 in aggregate principal amount of the Issuer’s 12.50% Convertible Guaranteed Senior Notes due 2011, which are convertible into 2,283,636 shares of the Issuer’s Common Stock.  Therefore, on December 31, 2008, Radcliffe beneficially owned a total of 2,313,880 shares, or 6.03%, of the Issuer’s Common Stock (based on 36,066,000 shares of Common Stock outstanding as of December 31, 2008).  RCM disclaims beneficial ownership of the securities owned by Radcliffe.

Item 4(c).

Number of shares as to which such persons have:

 

 

 

(i)

Sole power to vote or to direct the vote: 

0

 

 

(ii)

Shared power to vote or to direct the vote:

See Item 4(b) above

 

 

(iii)

Sole power to dispose or to direct the disposition of:

0

 

 

(iv)

Shared power to dispose or to direct the disposition of:

See Item 4(b) above.

 

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   o.

 

5



 

CUSIP No. 68812R303

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:

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.

 

6



 

CUSIP No. 68812R303

 

Signatures

 

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.

 

 

Radcliffe SPC, Ltd. for and on behalf of the Class A

 

Segregated Portfolio

 

 

 

 

By:

Radcliffe Capital Management, L.P.

 

 

By:

RGC Management Company, LLC

 

 

 

 

 

 

 

 

By:

/s/ Gerald F. Stahlecker

 

 

 

 

Gerald F. Stahlecker

 

 

 

 

Managing Director

 

 

 

 

 

 

Dated: February 3, 2009

 

 

 

 

 

 

 

 

 

 

 

Radcliffe Capital Management, L.P.

 

 

 

 

 

 

By:

RGC Management Company, LLC

 

 

 

 

 

 

 

 

By:

/s/ Gerald F. Stahlecker

 

 

 

 

Gerald F. Stahlecker

 

 

 

 

Managing Director

 

 

 

 

 

 

Dated: February 3, 2009

 

7


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