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Kirk Randal J, et al. – ‘SC 13D/A’ on 5/2/03 re: Clinical Data Inc

On:  Friday, 5/2/03, at 5:21pm ET   ·   Accession #:  916641-3-1354   ·   File #:  5-39041

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  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 5/02/03  Kirk Randal J                     SC 13D/A               5:430K Clinical Data Inc                 Donnelly Financial/FA
          New River Management II, LP
          Randal J. Kirk
          RJK, L.L.C.

Amendment to General Statement of Beneficial Ownership   —   Schedule 13D
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: SC 13D/A    Amendment to Schedule 13D                             11     50K 
 2: EX-2.1      Landmark Merger Agreement                             61    269K 
 3: EX-2.2      Gpsi Merger Agreement                                 65    285K 
 4: EX-4.1      Certificate of Designations of Preferred Stock        16     58K 
 5: EX-99.1     Joint Filing Agreement                                 1      7K 


SC 13D/A   —   Amendment to Schedule 13D
Document Table of Contents

Page (sequential) | (alphabetic) Top
 
11st Page   -   Filing Submission
5Item 2. Identity and Background
6Item 4. Purpose of Transaction
7Item 5. Interest in Securities of the Issuer
8Item 7. Material to be Filed as Exhibits
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 11) NOVITRON INTERNATIONAL, INC. (Name of Issuer) COMMON STOCK, $.01 par value per share (Title of Class of Securities) 670088103 (CUSIP Number) Third Security, LLC The Governor Tyler 1902 Downey Street Radford, Virginia 24141 Attention: Marcus E. Smith, Esq. Telephone No.: 540-633-7971 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) Copy to: John Owen Gwathmey, Esq. Hunton & Williams LLP Riverfront Plaza, East Tower 951 East Byrd Street Richmond, Virginia 23219 April 29, 2003 (Date of Event Which Requires Filing of This Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rules 13d-1(e), (f) or (g), check the following box [ ]. Page 1 of 11 Pages
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------------------- ------------------ CUSIP NO. 670088103 13D Page 2 of 11 Pages ------------------- ------------------ [Enlarge/Download Table] -------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) Randal J. Kirk -------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] -------------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS PF -------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED [ ] PURSUANT TO ITEM 2(d) or 2(e) -------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States -------------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 433,141 SHARES ------------------------------------------------------------------ BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 302,836 EACH REPORTING ------------------------------------------------------------------ PERSON WITH 9 SOLE DISPOSITIVE POWER 433,141 ------------------------------------------------------------------ 10 SHARED DISPOSITIVE POWER 302,836 -------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 735,977 -------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] -------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 39.7% -------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON IN --------------------------------------------------------------------------------------
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------------------- ------------------ CUSIP NO. 670088103 13D Page 3 of 11 Pages ------------------- ------------------ [Enlarge/Download Table] -------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) RJK, L.L.C. I.R.S. Identification No.: 54-1816015 -------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] -------------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS WC -------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED [ ] PURSUANT TO ITEM 2(d) or 2(e) -------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Virginia -------------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 SHARES ------------------------------------------------------------------ BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 99,033 EACH REPORTING ------------------------------------------------------------------ PERSON WITH 9 SOLE DISPOSITIVE POWER 0 ------------------------------------------------------------------ 10 SHARED DISPOSITIVE POWER 99,033 -------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 99,033 -------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] -------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.3% -------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON OO - limited liability company --------------------------------------------------------------------------------------
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------------------- ------------------ CUSIP NO. 670088103 13D Page 4 of 11 Pages ------------------- ------------------ [Enlarge/Download Table] -------------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) New River Management II, LP I.R.S. Identification No.: 65-1166473 -------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] -------------------------------------------------------------------------------------- 3 SEC USE ONLY -------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS WC -------------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED [ ] PURSUANT TO ITEM 2(d) or 2(e) -------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Virginia -------------------------------------------------------------------------------------- 7 SOLE VOTING POWER NUMBER OF 0 SHARES ------------------------------------------------------------------ BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 138,342 EACH REPORTING ------------------------------------------------------------------ PERSON WITH 9 SOLE DISPOSITIVE POWER 0 ------------------------------------------------------------------ 10 SHARED DISPOSITIVE POWER 138,342 -------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 138,342 -------------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [ ] -------------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 7.5% -------------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON OO - limited partnership --------------------------------------------------------------------------------------
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This Amendment No. 11 (the "Amendment") amends and supplements the Statement on Schedule 13D, dated November 26, 1999 and filed on December 6, 1999, as amended by Amendment No. 1 dated March 10, 2000 and filed on March 15, 2000, Amendment No. 2 dated June 8, 2000 and filed on June 9, 2000, Amendment No. 3 dated December 31, 2000 and filed on January 8, 2001, Amendment No. 4 dated February 7, 2001 and filed on March 1, 2001, Amendment No. 5 dated June 6, 2001 and filed on June 8, 2001, Amendment No. 6 dated June 25, 2001 and filed on June 26, 2001, Amendment No. 7 dated September 6, 2001 and filed on September 7, 2001, Amendment No. 8 dated October 23, 2001 and filed on October 26, 2001, Amendment No. 9 dated October 26, 2001 and filed on October 30, 2001 and Amendment No. 10 dated August 21, 2002 and filed on August 21, 2002 (the "Original Schedule 13D"), relating to the Common Stock, par value $.01 per share (the "Common Stock"), of Novitron International, Inc., a Delaware corporation (the "Issuer"). Mr. Randal J. Kirk ("Mr. Kirk"), RJK, L.L.C., a Virginia limited liability company that is controlled by Mr. Kirk ("RJK") and New River Management II, LP, a Virginia limited partnership that is controlled by Mr. Kirk ("New River" and, together with Mr. Kirk and RJK, the "Reporting Persons"), are filing this Amendment to update the information in the Original Schedule 13D with respect to the beneficial ownership of the Common Stock by the Reporting Persons. As described in this Amendment, some of the Common Stock that is beneficially owned by Mr. Kirk is directly beneficially owned by one of the following entities, each of which is controlled by Mr. Kirk: Kirkfield, L.L.C., a Virginia limited liability company ("Kirkfield"), and Zhong Mei, L.L.C., a Virginia limited liability company ("Zhong Mei"). Item 2. Identity and Background. Items 2(a)-(c) of the Original Schedule 13D are amended to read in their entirety as follows: "This statement is being filed on behalf of Mr. Randal J. Kirk ("Mr. Kirk"), RJK, L.L.C., a Virginia limited liability company that is controlled by Mr. Kirk ("RJK"), and New River Management II, LP, a Virginia limited partnership ("New River" and, together with Mr. Kirk and RJK, the "Reporting Persons"). The principal occupation/employment of Mr. Kirk is investor. The business address of Mr. Kirk is c/o Third Security, LLC, The Governor Tyler, 1902 Downey Street, Radford, Virginia 24141. The principal business of RJK is investment. The address of RJK's principal business and office is The Governor Tyler, 1902 Downey Street, Radford, Virginia 24141. Mr. Kirk is the sole manager of RJK. The principal business of New River is investment holdings. The address of New River's principal business and office is The Governor Tyler, 1902 Downey Street, Radford, Virginia 24141. The general partner of New River is Third Security Capital Partners, LLC, a Virginia limited liability company. Mr. Kirk is the manager and sole member of Third Security, LLC, a Virginia limited liability company that is the managing member of Third Security Capital Partners, LLC." Page 5 of 11 Pages
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Item 4. Purpose of Transaction. Item 4 of the Original Schedule 13D is hereby amended and supplemented as follows: "On April 29, 2003, the Issuer, Landmark Scientific, Inc., a corporation controlled by Mr. Kirk ("Landmark"), and Spectran Holdings, Inc., a wholly owned subsidiary of the Issuer ("Spectran"), executed an Amended and Restated Agreement and Plan of Merger (the "Landmark Merger Agreement"), pursuant to which the Issuer acquired Landmark by means of a merger (the "Landmark Merger") of Landmark with and into Spectran. The Landmark Merger was consummated on April 29, 2003. The Landmark Merger Agreement, a copy of which is filed herewith as Exhibit 2.1 and is incorporated herein by reference, amended and restated the Agreement and Plan of Merger, dated as of August 21, 2002, in its entirety. Also on April 29, 2003, the Issuer, Group Practice Services Incorporated, a corporation controlled by Mr. Kirk ("GPSI"), and Clinical Data Inc., a wholly owned subsidiary of the Issuer ("Clinical Data"), executed an Agreement and Plan of Merger (the "GPSI Merger Agreement") pursuant to which the Issuer acquired GPSI by means of a merger (the "GPSI Merger") of GPSI with and into Clinical Data. The GPSI Merger was consummated on April 29, 2003. The GPSI Merger Agreement is filed herewith as Exhibit 2.2 and is incorporated herein by reference. The following summary of certain terms of the Landmark Merger Agreement and the GPSI Merger Agreement is qualified in its entirety by reference to the Landmark Merger Agreement and the GPSI Merger Agreement, respectively. Pursuant to the terms of the Landmark Merger Agreement, each holder of Landmark common stock received 2.5 shares of Series A Nonvoting Convertible Preferred Stock, par value $0.01 per share, of the Issuer ("Preferred Stock") for each share of Landmark common stock held by such holder. Pursuant to the terms of the GPSI Merger Agreement, each holder of common stock and preferred stock of GPSI received 2.42691 shares of Preferred Stock for each share of GPSI common stock and preferred stock held by such holder. Assuming that no Landmark stockholder or GPSI stockholder exercises appraisal rights, a total of 25,000 shares of Preferred Stock will be issued to Landmark stockholders as a result of the Landmark Merger and a total of 222,250 shares of Preferred Stock will be issued to GPSI stockholders as a result of the GPSI Merger. The Certificate of Designations of the Preferred Stock is filed herewith as Exhibit 4.1 and is incorporated herein by reference. Each share of Preferred Stock of the Issuer is convertible, at the option of the holder of such share, into 10 shares of Common Stock of the Issuer at any time (i) after the date (the "Stockholder Approval Date") upon which the holders of the outstanding shares of capital stock of the Issuer who are entitled to vote, at a special or annual meeting of stockholders of the Issuer, approve the issuance of the shares of Common Stock issuable upon conversion of the outstanding shares of Preferred Stock (the "Stockholder Approval") and (ii) before the earlier to occur of (A) the liquidation, dissolution or winding up the Issuer or a change in control of the Issuer and (B) the date upon which the Securities and Exchange Commission declares effective a registration statement on Form S-3 or another applicable form filed by the Issuer to register for resale the shares of Common Stock issuable upon conversion of the outstanding shares of Page 6 of 11 Pages
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Preferred Stock (the "Registration Effective Date"). Each share of Preferred Stock will automatically convert into 10 shares of Common Stock of the Issuer upon the later to occur of (x) the Stockholder Approval Date and (y) the Registration Effectiveness Date. As a result of the Landmark Merger and the GPSI Merger, each of Mr. Kirk, Kirkfield, RJK, Zhong Mei, New River and Third Security Staff 2001 LLC, a Virginia limited liability company controlled by Mr. Kirk ("Staff LLC"), received the following number of shares of Preferred Stock: Shares Acquired in Shares Acquired in Total Shares Owner Landmark Merger GPSI Merger Acquired ------------------------------------------------------------------ Mr. Kirk 10,749 50,756 61,505 Kirkfield 2,237 35,479 37,716 RJK 4,483 43,602 48,085 Zhong Mei 417 1,971 2,388 New River -- 41,682 41,682 Staff LLC 744 10,545 11,289 ------------------------------------------------------------------ Totals 18,630 184,035 202,665 If the Stockholder Approval is obtained, then Mr. Kirk will beneficially own, on an as-converted basis, approximately 2,762,627 shares of Common Stock, representing approximately 71.2% of the approximately 3,881,198 shares of Common Stock that would be issued and outstanding (assuming that all shares of Preferred Stock owned by Mr. Kirk, Kirkfield, RJK, Zhong Mei, New River and Staff LLC are converted into Common Stock but that no other shares of Preferred Stock are converted into Common Stock). If all of the shares of Preferred Stock are converted, then Mr. Kirk will beneficially own, on an as-converted basis, 2,762,627 shares of Common Stock, representing approximately 63.8% of the approximately 4,327,048 shares of Common Stock that would be issued and outstanding. Item 5. Interest in Securities of the Issuer. Item 5(a) of the Original Schedule 13D is hereby amended and restated to read in its entirety as follows: "The aggregate number and percentage of shares of Common Stock to which this statement relates is 735,977 shares, representing 39.7% of the 1,854,548 shares outstanding as of January 31, 2003, as disclosed by the Issuer on February 11, 2003 in the Issuer's Quarterly Report on Form 10-QSB for the quarter ended December 31, 2002 (the most recent available filing by the Issuer with the Securities and Exchange Commission). Mr. Kirk directly beneficially owns 433,141 of the shares to which this statement relates. The remaining 302,836 shares of Common Stock to which this statement relates are directly beneficially owned as follows: Owner Shares ----- ------ Kirkfield 56,250 RJK 99,033 Zhong Mei 9,211 New River 138,342 Page 7 of 11 Pages
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Mr. Kirk could be deemed to have indirect beneficial ownership of the shares directly beneficially owned by Kirkfield, RJK, Zhong Mei and New River." Item 5(b) of the Original Schedule 13D is hereby amended to read in its entirety as follows: "Mr. Kirk has the sole power to vote or direct the vote and the sole power to dispose or to direct the disposition of the shares of Common Stock reported as directly beneficially owned by him in Item 5(a) hereof. Mr. Kirk has, together with the respective direct beneficial owner, the shared power to vote or direct the vote and the shared power to dispose or to direct the disposition of shares of Common Stock reported as directly beneficially owned by each of Kirkfield, RJK, Zhong Mei and New River in Item 5(a) hereof." Item 5(c) of the Original Schedule 13D is hereby amended and supplemented as follows: "The following table lists all transactions in shares of Common Stock by the Reporting Persons that were effected during the period from August 21, 2002, the date on which Amendment No. 10 to this statement was originally filed with the Securities and Exchange Commission, through May 2, 2003. Shares Purchased Average Price Owner Date (Sold) Per Share ------------------------------------------------------------- Mr. Kirk 9/10/02 105,867 (1) Kirkfield 9/10/02 14,057 (1) RJK 9/10/02 24,950 (1) Zhong Mei 9/10/02 2,320 (1) Mr. Kirk 3/17/03 (96,195) (2) Kirkfield 3/17/03 (14,037) (2) RJK 3/17/03 (25,718) (2) Zhong Mei 3/17/03 (2,392) (2) New River 3/17/03 138,342 (2) (1) Represents shares acquired from the Issuer pursuant to a 25% stock dividend paid on September 10, 2002 to stockholders of record on August 26, 2002. (2) Represents shares transferred by Mr. Kirk, Kirkfield, RJK and Zhong Mei to New River on March 17, 2003." Item 7. Material to be Filed as Exhibits. The following documents are being filed as exhibits to this Amendment and are incorporated herein by reference: Exhibit 2.1* Amended and Restated Agreement and Plan of Merger, dated as of April 29, 2003, by and among Novitron International, Inc., Spectran Holdings, Inc. and Landmark Scientific, Inc. Page 8 of 11 Pages
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Exhibit 2.2* Agreement and Plan of Merger, dated as of April 29, 2003, by and among Novitron International, Inc., Group Practice Services Incorporated and Clinical Data Inc. Exhibit 4.1 Certificate of Designations of Series A Nonvoting Convertible Preferred Stock, Par Value $0.01 Per Share, of Novitron International, Inc. Exhibit 99.1 Joint Filing Agreement, dated as of May 2, 2003, by and among Randal J. Kirk, RJK, L.L.C. and New River Management II, LP. * The schedules and exhibits referenced in this agreement have been omitted in accordance with Item 601(b)(2) of Regulation S-K. The Reporting Persons will furnish supplementally a copy of any such omitted schedule or exhibit to the Securities and Exchange Commission upon request. Page 9 of 11 Pages
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SIGNATURE After reasonable inquiry and to the best of their knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Date: May 2, 2002 /s/ Randal J. Kirk ----------------------------------------------- Randal J. Kirk Date: May 2, 2002 RJK, L.L.C. By: /s/ Randal J. Kirk ------------------------------------------- Randal J. Kirk Manager Date: May 2, 2002 NEW RIVER MANAGEMENT II, LP By: Third Security Capital Partners, LLC, its general partner By: Third Security, LLC, its managing member By: /s/ Randal J. Kirk ------------------------------------------- Randal J. Kirk Sole Member Page 10 of 11 Pages
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EXHIBIT INDEX Exhibit Number Exhibit -------------- ------- Exhibit 2.1* Amended and Restated Agreement and Plan of Merger, dated as of April 29, 2003, by and among Novitron International, Inc., Spectran Holdings, Inc. and Landmark Scientific, Inc. Exhibit 2.2* Agreement and Plan of Merger, dated as of April 29, 2003, by and among Novitron International, Inc., Group Practice Services Incorporated and Clinical Data Inc. Exhibit 4.1 Certificate of Designations of Series A Nonvoting Convertible Preferred Stock, Par Value $0.01 Per Share, of Novitron International, Inc. Exhibit 99.1 Joint Filing Agreement, dated as of May 2, 2003, by and among Randal J. Kirk, RJK, L.L.C. and New River Management II, LP. * The schedules and exhibits referenced in this agreement have been omitted in accordance with Item 601(b)(2) of Regulation S-K. The Reporting Persons will furnish supplementally a copy of any such omitted schedule or exhibit to the Securities and Exchange Commission upon request. Page 11 of 11 Pages

Dates Referenced Herein   and   Documents Incorporated by Reference

Referenced-On Page
This ‘SC 13D/A’ Filing    Date First  Last      Other Filings
Filed on:5/2/03811
4/29/031114,  8-K,  8-K/A
3/17/038
2/11/03710QSB
1/31/037
12/31/02710QSB
9/10/028
8/26/028
8/21/02588-K,  SC 13D/A
5/2/0210
10/30/015SC 13D/A
10/26/015SC 13D/A
10/23/015
9/7/015SC 13D/A
9/6/015
6/26/015SC 13D/A
6/25/01510KSB
6/8/0154,  SC 13D/A
6/6/015
3/1/0154,  SC 13D/A
2/7/0154,  SC 13D/A
1/8/0154,  SC 13D/A
12/31/00510QSB
6/9/0054,  5,  SC 13D/A
6/8/005
3/15/005SC 13D/A
3/10/0054
12/6/9953,  SC 13D
11/26/9953
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Filing Submission 0000916641-03-001354   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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