-----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, AZZXDVrS8cHhsNfOQCzu2JLmG540slrOhk+o2LWkWSMUuHEEA0EGUd4OJ9kO7l+b gntXfHRQZzuAnYFQ/H1Qyg== 0000905148-08-000617.txt : 20080204 0000905148-08-000617.hdr.sgml : 20080204 20080204165215 ACCESSION NUMBER: 0000905148-08-000617 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080204 DATE AS OF CHANGE: 20080204 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ENER1 INC CENTRAL INDEX KEY: 0000895642 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES [3690] IRS NUMBER: 592479377 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-44581 FILM NUMBER: 08572868 BUSINESS ADDRESS: STREET 1: 500 WEST CYPRESS CREEK ROAD STREET 2: SUITE 100 CITY: FORT LAUDERDALE STATE: FL ZIP: 33309 BUSINESS PHONE: (954) 556-4020 MAIL ADDRESS: STREET 1: 500 WEST CYPRESS CREEK ROAD STREET 2: SUITE 100 CITY: FORT LAUDERDALE STATE: FL ZIP: 33309 FORMER COMPANY: FORMER CONFORMED NAME: ENER 1 INC DATE OF NAME CHANGE: 20021028 FORMER COMPANY: FORMER CONFORMED NAME: INPRIMIS INC DATE OF NAME CHANGE: 20001128 FORMER COMPANY: FORMER CONFORMED NAME: BOCA RESEARCH INC DATE OF NAME CHANGE: 19940408 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Anchorage Capital Master Offshore, Ltd CENTRAL INDEX KEY: 0001300713 IRS NUMBER: 980418059 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 610 BROADWAY STREET 2: 6TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10012 BUSINESS PHONE: 212-610-9077 MAIL ADDRESS: STREET 1: 610 BROADWAY STREET 2: 6TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10012 SC 13G 1 efc8-0221_sc13g.txt UNITED STATES SECURITIES EXCHANGE COMMISSION Washington, D.C. 20549 - -------------------------------------------------------------------------------- SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. ) ENER1, INC. ---------------- (Name of Issuer) Common Stock, $.01 par value per share -------------------------------------- (Title of Class of Securities) 29267A104 -------------- (CUSIP Number) January 25, 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 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). Continued on following pages Page 1 of 12 Pages Exhibit Index: Page 11 SCHEDULE 13G CUSIP No.: 29267A104 Page 2 of 12 Pages ................................................................................. 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). ANCHORAGE CAPITAL MASTER OFFSHORE, LTD. 98-0418059 ................................................................................. 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 ................................................................................. Number of 5. Sole Voting Power 28,242,710 Shares ............................................................ Beneficially 6. Shared Voting Power 0 Owned by Each ............................................................ Reporting 7. Sole Dispositive Power 28,242,710 Person With ............................................................ 8. Shared Dispositive Power 0 ................................................................................. 9. Aggregate Amount Beneficially Owned by Each Reporting Person 28,242,710 ................................................................................. 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] ................................................................................. 11. Percent of Class Represented by Amount in Row (9) 4.8% based on 589,559,347 shares outstanding. ................................................................................. 12. Type of Reporting Person: OO SCHEDULE 13G CUSIP No.: 29267A104 Page 3 of 12 Pages ................................................................................. 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). ANCHORAGE ADVISORS L.L.C. 20-0042271 ................................................................................. 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 ................................................................................. Number of 5. Sole Voting Power 28,242,710 Shares ............................................................ Beneficially 6. Shared Voting Power 0 Owned by Each ............................................................ Reporting 7. Sole Dispositive Power 28,242,710 Person With ............................................................ 8. Shared Dispositive Power 0 ................................................................................. 9. Aggregate Amount Beneficially Owned by Each Reporting Person 28,242,710 ................................................................................. 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] ................................................................................. 11. Percent of Class Represented by Amount in Row (9) 4.8% based on 589,559,347 shares outstanding. ................................................................................. 12. Type of Reporting Person: OO, IA SCHEDULE 13G CUSIP No.: 29267A104 Page 4 of 12 Pages ................................................................................. 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). ANCHORAGE ADVISORS MANAGEMENT, L.L.C. 20-0042478 ................................................................................. 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 ................................................................................. Number of 5. Sole Voting Power 28,242,710 Shares ............................................................ Beneficially 6. Shared Voting Power 0 Owned by Each ............................................................ Reporting 7. Sole Dispositive Power 28,242,710 Person With ............................................................ 8. Shared Dispositive Power 0 ................................................................................. 9. Aggregate Amount Beneficially Owned by Each Reporting Person 28,242,710 ................................................................................. 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] ................................................................................. 11. Percent of Class Represented by Amount in Row (9) 4.8% based on 589,559,347 shares outstanding. ................................................................................. 12. Type of Reporting Person: OO, HC SCHEDULE 13G CUSIP No.: 29267A104 Page 5 of 12 Pages ................................................................................. 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). ANTHONY DAVIS ................................................................................. 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 of America ................................................................................. Number of 5. Sole Voting Power 28,242,710 Shares ............................................................ Beneficially 6. Shared Voting Power 0 Owned by Each ............................................................ Reporting 7. Sole Dispositive Power 28,242,710 Person With ............................................................ 8. Shared Dispositive Power 0 ................................................................................. 9. Aggregate Amount Beneficially Owned by Each Reporting Person 28,242,710 ................................................................................. 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] ................................................................................. 11. Percent of Class Represented by Amount in Row (9) 4.8% based on 589,559,347 shares outstanding. ................................................................................. 12. Type of Reporting Person: IN, HC SCHEDULE 13G CUSIP No.: 29267A104 Page 6 of 12 Pages ................................................................................. 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). KEVIN M. ULRICH ................................................................................. 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 ................................................................................. Number of 5. Sole Voting Power 28,242,710 Shares ............................................................ Beneficially 6. Shared Voting Power 0 Owned by Each ............................................................ Reporting 7. Sole Dispositive Power 28,242,710 Person With ............................................................ 8. Shared Dispositive Power 0 ................................................................................. 9. Aggregate Amount Beneficially Owned by Each Reporting Person 28,242,710 ................................................................................. 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] ................................................................................. 11. Percent of Class Represented by Amount in Row (9) 4.8% based on 589,559,347 shares outstanding. ................................................................................. 12. Type of Reporting Person: IN, HC Page 7 of 12 Pages Item 1(a). Name of Issuer: Ener1, Inc. (the "Issuer"). Item 1(b). Address of Issuer's Principal Executive Offices: 500 West Cypress Creek Road, Suite 100, Ft. Lauderdale, Florida 33309 Item 2(a). Name of Person Filing: This Statement is filed on behalf of each of the following persons (collectively, the "Reporting Persons"): i) Anchorage Capital Master Offshore, Ltd. ("Anchorage Offshore"); ii) Anchorage Advisors, L.L.C. ("Advisors"); iii) Anchorage Advisors Management, L.L.C. ("Management"); iv) Anthony L. Davis ("Mr. Davis"); and v) Kevin M. Ulrich ("Mr. Ulrich"). This statement relates to Shares (as defined herein) held for the account of Anchorage Offshore. Advisors is the investment advisor to Anchorage Offshore. Management is the sole managing member of Advisors. Mr. Davis is the President of Advisors and a managing member of Management, and Mr. Ulrich is the Chief Executive Officer of Advisors and the other managing member of Management. Item 2(b). Address of Principal Business Office or, if None, Residence: The address of the principal business office of each of the Reporting Persons is 610 Broadway, 6th Floor, New York, NY 10012. Item 2(c). Citizenship: 1) Anchorage Offshore is a Cayman Islands exempted company incorporated with limited liability; 2) Advisors is a Delaware limited liability company; 3) Management is a Delaware limited liability company; 4) Mr. Davis is a citizen of the United States of America; and 5) Mr. Ulrich is a citizen of Canada. Page 8 of 12 Pages Item 2(d). Title of Class of Securities: Common Stock, $.01 par value per share (the "Shares") Item 2(e). CUSIP Number: 29267A104 Item 3. If This Statement is Filed Pursuant to Sec.Sec.240.13d-1(b) or 240.13d-2(b) or (c), Check Whether the Person Filing is a: This Item 3 is not applicable. Item 4. Ownership: Item 4(a) Amount Beneficially Owned: As of February 1, 2008, each of the Reporting Persons may be deemed beneficial owner of 28,242,710 Shares. Item 4(b) Percent of Class: The number of Shares of which the Reporting Persons may be deemed to be the beneficial owner constitutes approximately 4.8% of 589,559,347, the total number of Shares outstanding. Item 4(c) Number of Shares of which such person has: Anchorage Offshore: - ------------------- (i) Sole power to vote or direct the vote: 28,242,710 (ii) Shared power to vote or direct the vote: 0 (iii) Sole power to dispose or direct the disposition of: 28,242,710 (iv) Shared power to dispose or direct the disposition of: 0 Advisors: - --------- (i) Sole power to vote or direct the vote: 28,242,710 (ii) Shared power to vote or direct the vote: 0 (iii) Sole power to dispose or direct the disposition of: 28,242,710 (iv) Shared power to dispose or direct the disposition of: 0 Management: - ----------- (i) Sole power to vote or direct the vote: 28,242,710 (ii) Shared power to vote or direct the vote: 0 (iii) Sole power to dispose or direct the disposition of: 28,242,710 Page 9 of 12 Pages (iv) Shared power to dispose or direct the disposition of: 0 Mr. Davis: - ---------- (i) Sole power to vote or direct the vote: 28,242,710 (ii) Shared power to vote or direct the vote: 0 (iii) Sole power to dispose or direct the disposition of: 28,242,710 (iv) Shared power to dispose or direct the disposition of: 0 Mr. Ulrich: - ----------- (i) Sole power to vote or direct the vote: 28,242,710 (ii) Shared power to vote or direct the vote: 0 (iii) Sole power to dispose or direct the disposition of: 28,242,710 (iv) Shared power to dispose or direct the disposition of: 0 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 [X]. Item 6. Ownership of More than Five Percent on Behalf of Another Person: This Item 6 is not applicable. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company: This Item 7 is not applicable Item 8. Identification and Classification of Members of the Group: See disclosure in Item 2 hereof. Item 9. Notice of Dissolution of Group: This Item 9 is not applicable. Item 10. Certification: By signing below each of the Reporting Persons certifies that, to the best of their 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. Page 10 of 12 Pages 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. ANCHORAGE CAPITAL MASTER OFFSHORE LTD. Date: February 4, 2008 By: /s/ Kevin M. Urlich ------------------- Name: Kevin M. Urlich Title: Director Date: February 4, 2008 ANCHORAGE ADVISORS, L.L.C. By: Anchorage Advisors Management, L.L.C., its Managing Member By: /s/ Anthony L. Davis --------------------- Name: Anthony L. Davis Title: Managing Member Date: February 4, 2008 ANCHORAGE ADVISORS MANAGEMENT, L.L.C. By: /s/ Anthony L. Davis -------------------- Name: Anthony L. Davis Title: Managing Member Date: February 4, 2008 ANTHONY L. DAVIS /s/ Anthony L Davis ------------------- Date: February 4, 2008 KEVIN M. ULRICH /s/ Kevin M. Urlich Page 11 of 12 Pages EXHIBIT INDEX Ex. Page No. - --- -------- A Joint Filing Agreement, dated February 4, 2008 by and among Reporting Persons.......................... 12 Page 12 of 12 Pages EXHIBIT A JOINT FILING AGREEMENT The undersigned hereby agree that the statement on Schedule 13G with respect to the Common Stock of Ener1, Inc. dated as of February 4, 2008 is, and any amendments thereto (including amendments on Schedule 13D) signed by each of the undersigned shall be, filed on behalf of each of us pursuant to and in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended. ANCHORAGE CAPITAL MASTER OFFSHORE LTD. Date: February 4, 2008 By: /s/ Kevin M. Urlich ------------------- Name: Kevin M. Urlich Title: Director Date: February 4, 2008 ANCHORAGE ADVISORS, L.L.C. By: Anchorage Advisors Management, L.L.C., its Managing Member By: /s/ Anthony L. Davis --------------------- Name: Anthony L. Davis Title: Managing Member Date: February 4, 2008 ANCHORAGE ADVISORS MANAGEMENT, L.L.C. By: /s/ Anthony L. Davis -------------------- Name: Anthony L. Davis Title: Managing Member Date: February 4, 2008 ANTHONY L. DAVIS /s/ Anthony L Davis ------------------- Date: February 4, 2008 KEVIN M. ULRICH /s/ Kevin M. Urlich ------------------- -----END PRIVACY-ENHANCED MESSAGE-----