-----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, E60hZQCPGLBPDL6e5MOB+WbPEfKlfnrDESXNNZ70FLlhmom8xPo0uMpdNWT7ASK5 jKdgwOylZ0UYp7cmeBd/hg== 0001169232-08-000766.txt : 20080214 0001169232-08-000766.hdr.sgml : 20080214 20080214172438 ACCESSION NUMBER: 0001169232-08-000766 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080214 DATE AS OF CHANGE: 20080214 GROUP MEMBERS: CATAPULT CAPITAL MANAGEMENT LLC GROUP MEMBERS: CATAPULT PARTNERS, LTD. GROUP MEMBERS: INTEGRATED HOLDING GROUP LP GROUP MEMBERS: ISRAEL A. ENGLANDER GROUP MEMBERS: MILLENCO LLC GROUP MEMBERS: MILLENNIUM INTERNATIONAL MANAGEMENT GP LLC GROUP MEMBERS: MILLENNIUM INTERNATIONAL MANAGEMENT LP GROUP MEMBERS: MILLENNIUM MANAGEMENT LLC SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WET SEAL INC CENTRAL INDEX KEY: 0000863456 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-WOMEN'S CLOTHING STORES [5621] IRS NUMBER: 330415940 STATE OF INCORPORATION: DE FISCAL YEAR END: 0208 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-41525 FILM NUMBER: 08619248 BUSINESS ADDRESS: STREET 1: 26972 BURBANK CITY: FOOTHILL RANCH STATE: CA ZIP: 92610 BUSINESS PHONE: 7145839029 MAIL ADDRESS: STREET 1: 26972 BURBANK CITY: FOOTHILL RANCH STATE: CA ZIP: 92610 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: RIVERVIEW GROUP, LLC CENTRAL INDEX KEY: 0001273091 IRS NUMBER: 113485705 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 666 FIFTH AVE STREET 2: 8TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10103-0899 BUSINESS PHONE: (212) 841-4100 MAIL ADDRESS: STREET 1: 666 FIFTH AVE STREET 2: 8TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10103-0899 FORMER COMPANY: FORMER CONFORMED NAME: RIVERVIEW GROUP LLC DATE OF NAME CHANGE: 20031212 SC 13G/A 1 d73613_sc13g-a.txt AMENDMENT NO. 3 TO SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 3) THE WET SEAL, INC. - -------------------------------------------------------------------------------- (Name of Issuer) CLASS A COMMON STOCK, PAR VALUE $0.10 PER SHARE - -------------------------------------------------------------------------------- (Title of Class of Securities) 961840105 - -------------------------------------------------------------------------------- (CUSIP NUMBER) DECEMBER 31, 2007 - -------------------------------------------------------------------------------- (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). Page 1 of 19 Pages CUSIP No. 961840105 13G Page 2 of 19 Pages - -------------------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Riverview Group LLC 11-3485705 - -------------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) |_| (b) |X| - -------------------------------------------------------------------------------- (3) SEC USE ONLY - -------------------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- (5) SOLE VOTING POWER -0- NUMBER OF ------------------------------------------------------------- SHARES (6) SHARED VOTING POWER BENEFICIALLY OWNED BY 5,402,811 (See Item 4) EACH ------------------------------------------------------------- REPORTING (7) SOLE DISPOSITIVE POWER PERSON WITH -0- ------------------------------------------------------------- (8) SHARED DISPOSITIVE POWER 5,402,811 (See Item 4) - -------------------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,402,811 (See Item 4) - -------------------------------------------------------------------------------- (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ** |_| - -------------------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.4% (See Item 4) - -------------------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON ** OO - -------------------------------------------------------------------------------- ** SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 961840105 13G Page 3 of 19 Pages - -------------------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Millenco LLC 13-3532932 - -------------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) |_| (b) |X| - -------------------------------------------------------------------------------- (3) SEC USE ONLY - -------------------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- (5) SOLE VOTING POWER -0- NUMBER OF ------------------------------------------------------------- SHARES (6) SHARED VOTING POWER BENEFICIALLY OWNED BY 242,941 (See Item 4) EACH ------------------------------------------------------------- REPORTING (7) SOLE DISPOSITIVE POWER PERSON WITH -0- ------------------------------------------------------------- (8) SHARED DISPOSITIVE POWER 242,941 (See Item 4) - -------------------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 242,941 (See Item 4) - -------------------------------------------------------------------------------- (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ** |_| - -------------------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.3% (See Item 4) - -------------------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON ** OO, BD - -------------------------------------------------------------------------------- ** SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 961840105 13G Page 4 of 19 Pages - -------------------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Catapult Partners, Ltd. 98-0499038 - -------------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) |_| (b) |X| - -------------------------------------------------------------------------------- (3) SEC USE ONLY - -------------------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands - -------------------------------------------------------------------------------- (5) SOLE VOTING POWER -0- NUMBER OF ------------------------------------------------------------- SHARES (6) SHARED VOTING POWER BENEFICIALLY OWNED BY 225,000 (See Item 4) EACH ------------------------------------------------------------- REPORTING (7) SOLE DISPOSITIVE POWER PERSON WITH -0- ------------------------------------------------------------- (8) SHARED DISPOSITIVE POWER 225,000 (See Item 4) - -------------------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 225,000 (See Item 4) - -------------------------------------------------------------------------------- (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ** |_| - -------------------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.2% (See Item 4) - -------------------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON ** CO - -------------------------------------------------------------------------------- ** SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 961840105 13G Page 5 of 19 Pages - -------------------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Catapult Capital Management LLC 26-0247256 - -------------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) |_| (b) |X| - -------------------------------------------------------------------------------- (3) SEC USE ONLY - -------------------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- (5) SOLE VOTING POWER -0- NUMBER OF ------------------------------------------------------------- SHARES (6) SHARED VOTING POWER BENEFICIALLY OWNED BY 225,000 (See Item 4) EACH ------------------------------------------------------------- REPORTING (7) SOLE DISPOSITIVE POWER PERSON WITH -0- ------------------------------------------------------------- (8) SHARED DISPOSITIVE POWER 225,000 (See Item 4) - -------------------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 225,000 (See Item 4) - -------------------------------------------------------------------------------- (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ** |_| - -------------------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.2% (See Item 4) - -------------------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON ** OO - -------------------------------------------------------------------------------- ** SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 961840105 13G Page 6 of 19 Pages - -------------------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Millennium International Management LP 13-3994985 - -------------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) |_| (b) |X| - -------------------------------------------------------------------------------- (3) SEC USE ONLY - -------------------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- (5) SOLE VOTING POWER -0- NUMBER OF ------------------------------------------------------------- SHARES (6) SHARED VOTING POWER BENEFICIALLY OWNED BY 225,000 (See Item 4) EACH ------------------------------------------------------------- REPORTING (7) SOLE DISPOSITIVE POWER PERSON WITH -0- ------------------------------------------------------------- (8) SHARED DISPOSITIVE POWER 225,000 (See Item 4) - -------------------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 225,000 (See Item 4) - -------------------------------------------------------------------------------- (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ** |_| - -------------------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.2% (See Item 4) - -------------------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON ** HC, PN - -------------------------------------------------------------------------------- ** SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 961840105 13G Page 7 of 19 Pages - -------------------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Millennium International Management GP LLC 20-5077371 - -------------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) |_| (b) |X| - -------------------------------------------------------------------------------- (3) SEC USE ONLY - -------------------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- (5) SOLE VOTING POWER -0- NUMBER OF ------------------------------------------------------------- SHARES (6) SHARED VOTING POWER BENEFICIALLY OWNED BY 225,000 (See Item 4) EACH ------------------------------------------------------------- REPORTING (7) SOLE DISPOSITIVE POWER PERSON WITH -0- ------------------------------------------------------------- (8) SHARED DISPOSITIVE POWER 225,000 (See Item 4) - -------------------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 225,000 (See Item 4) - -------------------------------------------------------------------------------- (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ** |_| - -------------------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.2% (See Item 4) - -------------------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON ** HC, OO - -------------------------------------------------------------------------------- ** SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 961840105 13G Page 8 of 19 Pages - -------------------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Integrated Holding Group LP 13-3631307 - -------------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) |_| (b) |X| - -------------------------------------------------------------------------------- (3) SEC USE ONLY - -------------------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- (5) SOLE VOTING POWER -0- NUMBER OF ------------------------------------------------------------- SHARES (6) SHARED VOTING POWER BENEFICIALLY OWNED BY 5,627,811 (See Item 4) EACH ------------------------------------------------------------- REPORTING (7) SOLE DISPOSITIVE POWER PERSON WITH -0- ------------------------------------------------------------- (8) SHARED DISPOSITIVE POWER 5,627,811 (See Item 4) - -------------------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,627,811 (See Item 4) - -------------------------------------------------------------------------------- (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ** |_| - -------------------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.6% (See Item 4) - -------------------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON ** HC, PN - -------------------------------------------------------------------------------- ** SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 961840105 13G Page 9 of 19 Pages - -------------------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Millennium Management LLC 13-3804139 - -------------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) |_| (b) |X| - -------------------------------------------------------------------------------- (3) SEC USE ONLY - -------------------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- (5) SOLE VOTING POWER -0- NUMBER OF ------------------------------------------------------------- SHARES (6) SHARED VOTING POWER BENEFICIALLY OWNED BY 5,870,752 (See Item 4) EACH ------------------------------------------------------------- REPORTING (7) SOLE DISPOSITIVE POWER PERSON WITH -0- ------------------------------------------------------------- (8) SHARED DISPOSITIVE POWER 5,870,752 (See Item 4) - -------------------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,870,752 (See Item 4) - -------------------------------------------------------------------------------- (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ** |_| - -------------------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.9% (See Item 4) - -------------------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON ** OO - -------------------------------------------------------------------------------- ** SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 961840105 13G Page 10 of 19 Pages - -------------------------------------------------------------------------------- (1) NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Israel A. Englander - -------------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) |_| (b) |X| - -------------------------------------------------------------------------------- (3) SEC USE ONLY - -------------------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- (5) SOLE VOTING POWER -0- NUMBER OF ------------------------------------------------------------- SHARES (6) SHARED VOTING POWER BENEFICIALLY OWNED BY 5,870,752 (See Item 4) EACH ------------------------------------------------------------- REPORTING (7) SOLE DISPOSITIVE POWER PERSON WITH -0- ------------------------------------------------------------- (8) SHARED DISPOSITIVE POWER 5,870,752 (See Item 4) - -------------------------------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 5,870,752 (See Item 4) - -------------------------------------------------------------------------------- (10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ** |_| - -------------------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.9% (See Item 4) - -------------------------------------------------------------------------------- (12) TYPE OF REPORTING PERSON ** IN - -------------------------------------------------------------------------------- ** SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 961840105 13G Page 11 of 19 Pages Item 1. (a) Name of Issuer The Wet Seal, Inc., a Delaware corporation (the "Company"). (b) Address of Issuer's Principal Executive Offices: 26972 Burbank Foothill Ranch, California 92610 Item 2(a). Name of Person Filing Item 2(b). Address of Principal Business Office Item 2(c). Citizenship Riverview Group LLC c/o Millennium Management LLC 666 Fifth Avenue New York, New York 10103 Citizenship: Delaware Millenco LLC 666 Fifth Avenue New York, New York 10103 Citizenship: Delaware Catapult Partners, Ltd. c/o Catapult Capital Management LLC 650 Fifth Avenue New York, New York 10019 Citizenship: Cayman Islands Catapult Capital Management LLC 650 Fifth Avenue New York, New York 10019 Citizenship: Delaware Millennium International Management LP 666 Fifth Avenue New York, New York 10103 Citizenship: Delaware Millennium International Management GP LLC c/o Millennium International Management LP 666 Fifth Avenue New York, New York 10103 Citizenship: Delaware Integrated Holding Group LP c/o Millennium Management LLC 666 Fifth Avenue New York, New York 10103 Citizenship: Delaware Millennium Management LLC 666 Fifth Avenue New York, New York 10103 Citizenship: Delaware CUSIP No. 961840105 13G Page 12 of 19 Pages Israel A. Englander c/o Millennium Management LLC 666 Fifth Avenue New York, New York 10103 Citizenship: United States (d) Title of Class of Securities Class A common stock, par value $0.10 per share ("Class A Common Stock"). (e) CUSIP Number 961840105 Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), check whether the person filing is a: (a) |_| Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o). (b) |_| Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c). (c) |_| Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c). (d) |_| Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-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 association 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 (15 U.S.C. 80a-3); (j) |_| Group, in accordance with Rule 13d-1(b)(1)(ii)(J). If this statement is filed pursuant to Rule 13d-1(c), check this box. [X] Item 4. Ownership (a) Amount Beneficially Owned As of the date of this filing, Riverview Group LLC, a Delaware limited liability company ("Riverview") held: (i) 3,111,111 shares of Class A Common Stock currently issuable to Riverview upon the conversion CUSIP No. 961840105 13G Page 13 of 19 Pages of a 3.76% Secured Convertible Note due January 14, 2012 in the original principal amount of $4,666,667 (the "Note"); (ii) 537,000 shares of Class A Common Stock currently issuable to Riverview upon the conversion of 1,611 shares of Series C Convertible Preferred Stock, par value $0.01 per share (the "Series C Preferred"); (iii) 527,319 shares of Class A Common Stock currently issuable to Riverview upon the exercise of a certain Warrant; (iv) 294,643 shares of Class A Common Stock currently issuable to Riverview upon the exercise of a Series C Warrant; (v) 307,738 shares of Class A Common Stock currently issuable to Riverview upon the exercise of a Series D Warrant; and (vi) 625,000 shares of Class A Common Stock currently issuable to Riverview upon the exercise of a Series E Warrant. The number of shares of Class A Common Stock into which the Note, the Series C Preferred and each of the above-referenced Warrants are exercisable or convertible, as applicable, is limited pursuant to the terms of the Note, the Series C Preferred and such Warrants to that number of shares of Class A Common Stock which would result in Riverview having aggregate beneficial ownership of not more than 9.99% of the total issued and outstanding shares of Class A Common Stock. Riverview has an open short position of 3,714,173 shares of Class A Common Stock, which position is not netted against the data provided herein for the purpose of determining the number of shares beneficially owned by any of the Reporting Persons. As of the date of this filing, Millenco LLC, a Delaware limited liability company ("Millenco"), (formerly known as Millenco, L.P.), held 242,941 shares of Class A Common Stock. Millenco has an open short position of 755,600 shares of Class A Common Stock, which position is not netted against the data provided herein for the purpose of determining the number of shares beneficially owned by any of the Reporting Persons. As of the date of this filing, Catapult Partners, Ltd., an exempted limited company organized under the laws of the Cayman Islands ("Catapult Partners") held 225,000 shares of Class A Common Stock. Catapult Capital Management LLC, a Delaware limited liability company ("Catapult Capital Management"), is the investment manager to Catapult Partners and consequently may be deemed to have shared voting control and investment discretion over securities owned by Catapult Partners. Millennium International Management LP, a Delaware limited partnership ("Millennium International Management"), is the managing member of Catapult Capital Management, and consequently may be deemed to have shared voting control and investment discretion over securities owned by Catapult Capital Management. Millennium International Management GP LLC, a Delaware limited liability company ("Millennium International Management GP"), is the general partner of Millennium International Management and consequently may be deemed to have shared voting control and investment discretion over securities deemed to be beneficially owned by Millennium International Management. CUSIP No. 961840105 13G Page 14 of 19 Pages Integrated Holding Group LP, a Delaware limited partnership ("Integrated Holding Group"), is the sole and managing member of Riverview Group as well as the 100% shareholder of Catapult Partners, and consequently may be deemed to have shared voting control and investment discretion over securities owned by Riverview Group and Catapult Partners, as the case may be. Note: Integrated Holding Group is a non-managing member of Millenco. As a non-managing member, Integrated Holding Group has no investment or voting control over Millenco or its securities positions. Millennium Management LLC, a Delaware limited liability company ("Millennium Management"), is the manager of Millenco and the general partner of Integrated Holding Group, and consequently may be deemed to have shared voting control and investment discretion over securities owned by Millenco and deemed to be beneficially owned by Integrated Holding Group, respectively. Israel A. Englander ("Mr. Englander") is the managing member of Millennium Management and Millennium International Management GP, and consequently may be deemed to have shared voting control and investment discretion over securities deemed to be beneficially owned by Millennium Management or Millennium International Management GP, as the case may be. The foregoing should not be construed in and of itself as an admission by Catapult Capital Management, Millennium International Management, Millennium International Management GP, Integrated Holding Group, Millennium Management or Mr. Englander as to beneficial ownership of the shares owned by Riverview Group, Millenco or Catapult Partners, as the case may be. Note: Millennium Partners, L.P., Millennium SMC LLC and Millennium SMC (Cayman) Ltd. are limited partners of Integrated Holding Group. As such, Millennium Partners, L.P., Millennium SMC LLC and Millennium SMC (Cayman) Ltd. do not have investment or voting control over Integrated Holding Group or its securities positions. Integrated Holding Group is a non managing member of Millenco. As such, Integrated Holding Group has no investment or voting control over Millenco or its securities positions. (b) Percent of Class 5.9% (see Item 4(a) above), which percentage was calculated based on 94,206,359 shares of Class A Common Stock outstanding as of December 7, 2007, as reported by the Company on its Form 10-Q, dated December 13, 2007. (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: -0- (ii) Shared power to vote or to direct the vote 5,870,752 (iii) Sole power to dispose or to direct the disposition of -0- (iv) Shared power to dispose or to direct the disposition of CUSIP No. 961840105 13G Page 15 of 19 Pages 5,870,752 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 Not applicable. Item 8. Identification and Classification of Members of the Group See Exhibit I. Item 9. Notice of Dissolution of Group Not applicable. Item 10. Certification By signing below each of the undersigned certifies that, to the best of its 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 I: Joint Filing Agreement, dated as of February 13, 2008, by and among Riverview Group LLC, Millenco LLC, Catapult Partners, Ltd., Catapult Capital Management LLC, Millennium International Management LP, Millennium International Management GP LLC, Integrated Holding Group LP, Millennium Management LLC and Israel A. Englander. CUSIP No. 961840105 13G Page 16 of 19 Pages SIGNATURE After reasonable inquiry and to the best of its knowledge and belief, each of the undersigned certifies that the information with respect to it set forth in this statement is true, complete, and correct. Dated: February 13, 2007 RIVERVIEW GROUP LLC By: Integrated Holding Group LP, its managing member By: Millennium Management LLC, its managing partner By: /s/ David Nolan -------------------------------- Name: David Nolan Title: Co-President MILLENCO LLC By: /s/ Mark Meskin -------------------------------- Name: Mark Meskin Title: Chief Executive Officer CATAPULT PARTNERS, LTD. By: Catapult Capital Management LLC, as investment manager By: Millennium International Management LP, its managing member By: /s/ David Nolan -------------------------------- Name: David Nolan Title: Co-President CATAPULT CAPITAL MANAGEMENT LLC By: Millennium International Management LP, its managing member By: /s/ David Nolan -------------------------------- Name: David Nolan Title: Co-President MILLENNIUM INTERNATIONAL MANAGEMENT LP By: /s/ David Nolan -------------------------------- Name: David Nolan Title: Co-President CUSIP No. 961840105 13G Page 17 of 19 Pages MILLENNIUM INTERNATIONAL MANAGEMENT GP LLC By: /s/ David Nolan -------------------------------- Name: David Nolan Title: Executive Vice President INTEGRATED HOLDING GROUP LP BY: MILLENNIUM MANAGEMENT LLC, its managing partner By: /s/ David Nolan -------------------------------- Name: David Nolan Title: Co-President MILLENNIUM MANAGEMENT LLC By: /s/ David Nolan -------------------------------- Name: David Nolan Title: Co-President /s/Israel A. Englander by David Nolan pursuant to Power of Attorney filed with SEC on June 6, 2005 ----------------------------------- Israel A. Englander CUSIP No. 961840105 13G Page 18 of 19 Pages EXHIBIT I JOINT FILING AGREEMENT This will confirm the agreement by and among the undersigned that the Schedule 13G filed with the Securities and Exchange Commission on or about the date hereof with respect to the beneficial ownership by the undersigned of the Class A Common Stock, par value $0.10 per share, of The Wet Seal, Inc., a Delaware corporation, is being filed, and all amendments thereto will be filed, on behalf of each of the persons and entities named below in accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended. This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. Dated: February 13, 2008 MILLENCO LLC By: /s/ Mark Meskin -------------------------------- Name: Mark Meskin Title: Chief Executive Officer CATAPULT PARTNERS, LTD. By: Catapult Capital Management LLC, as investment manager By: Millennium International Management LP, its managing member By: /s/ David Nolan -------------------------------- Name: David Nolan Title: Co-President CATAPULT CAPITAL MANAGEMENT LLC By: Millennium International Management LP, its managing member By: /s/ David Nolan -------------------------------- Name: David Nolan Title: Co-President MILLENNIUM INTERNATIONAL MANAGEMENT LP By: /s/ David Nolan -------------------------------- Name: David Nolan Title: Co-President CUSIP No. 961840105 13G Page 19 of 19 Pages MILLENNIUM INTERNATIONAL MANAGEMENT GP LLC By: /s/ David Nolan -------------------------------- Name: David Nolan Title: Executive Vice President INTEGRATED HOLDING GROUP LP BY: MILLENNIUM MANAGEMENT LLC, its managing partner By: /s/ David Nolan -------------------------------- Name: David Nolan Title: Co-President MILLENNIUM MANAGEMENT LLC By: /s/ David Nolan -------------------------------- Name: David Nolan Title: Co-President /s/Israel A. Englander by David Nolan pursuant to Power of Attorney filed with SEC on June 6, 2005 ----------------------------------- Israel A. Englander -----END PRIVACY-ENHANCED MESSAGE-----