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Wexford Capital LP, et al. – ‘SC 13G’ on 11/14/05 re: Javelin Pharmaceuticals, Inc

On:  Monday, 11/14/05, at 2:36pm ET   ·   Accession #:  902664-5-2199   ·   File #:  5-62367

Previous ‘SC 13G’:  ‘SC 13G’ on 2/11/05   ·   Next:  ‘SC 13G’ on 2/7/06   ·   Latest:  ‘SC 13G/A’ on 2/9/24

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

11/14/05  Wexford Capital LP                SC 13G                 1:21K  Javelin Pharmaceuticals, Inc      Schulte Roth & Z… LLP/FA
          Charles Davidson
          Joseph Jacobs
          Theta Investors LLC
          Wexford Spectrum Investors LLC

Statement of Beneficial Ownership   —   Schedule 13G
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: SC 13G      Wexford Management Corp./ Capital LLC - 11/4/05       11     37K 


Document Table of Contents

Page (sequential) | (alphabetic) Top
 
11st Page   -   Filing Submission
8Item 4. Ownership
10Item 5. Ownership of Five Percent or Less of a Class
"Item 6. Ownership of More than Five Percent on Behalf of Another Person
"Item 7. Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent holding Company
"Item 8. Identification and Classification of Members of the group
"Item 9. Notice of Dissolution of Group
"Item 10. Certification
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 ----------------------------------------- (Amendment No. ____)* Javelin Pharmaceuticals Inc. ---------------- (Name of Issuer) Common Stock, par value $.001 per share ---------------------------------------- (Title of Class of Securities) 471894105 -------------- (CUSIP Number) November 7, 2005 ------------------------------------------------------- (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 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). Page 1 of 11 Pages
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CUSIP No. 471894105 13G Page 2 of 11 -------------------------------------------------------------------------------- 1. Names of Reporting Persons. Theta Investors LLC I.R.S. Identification Nos. of Above Persons (entities only) -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (a) [ ] (See Instructions) (b) [X] -------------------------------------------------------------------------------- 3. SEC Use Only -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization Delaware -------------------------------------------------------------------------------- Number of Shares 5. Sole Voting Power 0 Beneficially Owned by Each ---------------------------------------------------- Reporting 6. Shared Voting Power 2,222,222 Person With ---------------------------------------------------- 7. Sole Dispositive Power 0 ---------------------------------------------------- 8. Shared Dispositive Power 2,222,222 -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 2,222,222 -------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row 9 5.5% -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) CO --------------------------------------------------------------------------------
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CUSIP No. 471894105 13G Page 3 of 11 -------------------------------------------------------------------------------- 1. Names of Reporting Persons. Wexford Spectrum Investors LLC I.R.S. Identification Nos. of Above Persons (entities only) -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (a) [ ] (See Instructions) (b) [X] -------------------------------------------------------------------------------- 3. SEC Use Only -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization Delaware -------------------------------------------------------------------------------- Number of Shares 5. Sole Voting Power 0 Beneficially Owned by Each -------------------------------------------- Reporting 6. Shared Voting Power 2,568,198 Person With -------------------------------------------- 7. Sole Dispositive Power 0 -------------------------------------------- 8. Shared Dispositive Power 2,568,198 -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 2,568,198 -------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row 9 6.4% -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) CO --------------------------------------------------------------------------------
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CUSIP No. 471894105 13G Page 4 of 11 -------------------------------------------------------------------------------- 1. Names of Reporting Persons. CHARLES E. DAVIDSON I.R.S. Identification Nos. of Above Persons (entities only) -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (a) [ ] (See Instructions) (b) [X] -------------------------------------------------------------------------------- 3. SEC Use Only -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization United States -------------------------------------------------------------------------------- Number of Shares 5. Sole Voting Power 0 Beneficially Owned by Each -------------------------------------------- Reporting 6. Shared Voting Power 4,790,420 Person With -------------------------------------------- 7. Sole Dispositive Power 0 -------------------------------------------- 8. Shared Dispositive Power 4,790,420 -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 4,790,420 -------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row 9 11.9% -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) IN --------------------------------------------------------------------------------
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CUSIP No. 471894105 13G Page 5 of 11 -------------------------------------------------------------------------------- 1. Names of Reporting Persons. JOSEPH M. JACOBS I.R.S. Identification Nos. of Above Persons (entities only) -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (a) [ ] (See Instructions) (b) [X] -------------------------------------------------------------------------------- 3. SEC Use Only -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization United States -------------------------------------------------------------------------------- Number of Shares 5. Sole Voting Power 0 Beneficially Owned by Each -------------------------------------------- Reporting 6. Shared Voting Power 4,790,420 Person With -------------------------------------------- 7. Sole Dispositive Power 0 -------------------------------------------- 8. Shared Dispositive Power 4,790,420 -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 4,790,420 -------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row 9 11.9% -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) IN --------------------------------------------------------------------------------
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CUSIP No. 471894105 13G Page 6 of 11 -------------------------------------------------------------------------------- 1. Names of Reporting Persons. WEXFORD CAPITAL LLC I.R.S. Identification Nos. of Above Persons (entities only) -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (a) [ ] (See Instructions) (b) [X] -------------------------------------------------------------------------------- 3. SEC Use Only -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization Connecticut -------------------------------------------------------------------------------- Number of Shares 5. Sole Voting Power 0 Beneficially Owned by Each -------------------------------------------- Reporting 6. Shared Voting Power 4,790,420 Person With -------------------------------------------- 7. Sole Dispositive Power 0 -------------------------------------------- 8. Shared Dispositive Power 4,790,420 -------------------------------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 4,790,420 -------------------------------------------------------------------------------- 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row 9 11.9% -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) CO --------------------------------------------------------------------------------
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CUSIP No. 471894105 13G Page 7 of 11 Item 1. (a) The name of the issuer is Javelin Pharmaceuticals Inc. (the "Issuer"). (b) The principal executive office of the Issuer is located at 130 West 42nd Street, 12th Floor, New York, New York 10036. Item 2. (a) This statement is being filed by (i) Theta Investors LLC, a Delaware limited liability company ("Theta Investors"), (ii) Wexford Spectrum Investors LLC, a Delaware limited liability company ("Wexford Spectrum", and collectively with Theta Investors and Wexford Spectrum, the "Stockholders") (iii) Wexford Capital LLC, a Connecticut limited liability company ("Wexford Capital"), (iv) Charles E. Davidson and (v) Joseph M. Jacobs (the individuals and entities referred to above, collectively, the "Reporting Persons"). (b) The principal business and office address for the Reporting Persons is c/o Wexford Capital LLC, 411 West Putnam Avenue, Suite 125, Greenwich, Connecticut 06930. (c) Theta Investors is a Delaware limited liability company, the members of which are private investment funds. Theta Investors was organized for the purpose of making various investments. Wexford Spectrum is a Delaware limited liability company, the members of which are private investment funds. Wexford Spectrum was formed for the purpose of making various investments. Wexford Capital, a Connecticut limited liability company, is a registered Investment Advisor and the investment advisor to the Stockholders. Wexford Capital also serves as an investment advisor or sub-advisor to the members of Theta Investors and Wexford Spectrum. Charles E. Davidson, a United States citizen, is chairman, a managing member and a controlling member of Wexford Capital. Mr. Davidson is a controlling person or an investor in a number of private companies, including certain members of Theta Investors and Wexford Spectrum. Joseph M. Jacobs, a United States citizen, is president, a managing member and a controlling member of Wexford Capital. Mr. Jacobs is a controlling person or an investor in a number of private companies, including certain members of Theta Investors and Wexford Spectrum. (d) This class of securities to which this statement relates is common stock, par value $.001, of the Issuer (the "Common Stock"). (e) The CUSIP number of the Common Stock is 471894105. Item 3. If this statement is filed pursuant to rule 240.13d- 1(b), or 240.13d-2(b) or (c), 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).
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CUSIP No. 471894105 13G Page 8 of 11 (e) ___ An investment adviser in accordance with 240.13d- 1(b)(1)(ii)(E). (f) ___ An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F). (g) ___ A parent holding company or control person in accordance with 240.13d-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 section 240.13d-1(b)(1)(ii)(J). If this statement is filed pursuant to 240.13d-1(c), check this box. /X/. Item 4. Ownership. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. The percentages used herein are calculated based upon the 40,404,976 shares of Common Stock issued and outstanding as of November 3, 2005 according to the Securities Purchase Agreement dated November 3, 2005, by and among the Company and the investors ascribed thereto. Theta Investors LLC (a) Amount beneficially owned: 2,222,222 (b) Percent of class: 5.5% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 0 (ii) Shared power to vote or to direct the vote: 2,222,222 (iii) Sole power to dispose or to direct the disposition of: 0 (iv) Shared power to dispose or to direct the disposition of: 2,222,222 Wexford Spectrum Investors LLC (a) Amount beneficially owned: 2,568,198 (b) Percent of class: 6.4% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 0 (ii) Shared power to vote or to direct the vote: 2,568,198 (iii) Sole power to dispose or to direct the disposition of: 0 (iv) Shared power to dispose or to direct the disposition of: 2,568,198
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CUSIP No. 471894105 13G Page 9 of 11 Charles E. Davidson (a) Amount beneficially owned: 4,790,420 (b) Percent of class: 11.9% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 0 (ii) Shared power to vote or to direct the vote: 4,790,420 (iii) Sole power to dispose or to direct the disposition of: 0 (iv) Shared power to dispose or to direct the disposition of 4,790,420 Joseph M. Jacobs (a) Amount beneficially owned: 4,790,420 (b) Percent of class: 11.9% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 0 (ii) Shared power to vote or to direct the vote: 4,790,420 (iii) Sole power to dispose or to direct the disposition of: 0 (iv) Shared power to dispose or to direct the disposition of: 4,790,420 Wexford Capital LLC (a) Amount beneficially owned: 4,790,420 (b) Percent of class: 11.9% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 0 (ii) Shared power to vote or to direct the vote: 4,790,420 (iii) Sole power to dispose or to direct the disposition of: 0 (iv) Shared power to dispose or to direct the disposition of: 4,790,420 Wexford Capital may, by reason of its status as investment advisor to Theta Investors and Wexford Spectrum, be deemed to beneficially own the shares of Common Stock of which Theta Investors and Wexford Spectrum possess beneficial ownership. Each of Charles E. Davidson and Joseph M. Jacobs may, by reason of his status as a controlling person of Wexford Capital, be deemed to beneficially own the shares of Common Stock of which Theta Investors and Wexford Spectrum possess beneficial ownership. Each of Charles E. Davidson, Joseph M. Jacobs and Wexford Capital shares the power to vote and to dispose of the shares of Common Stock Theta Investors and Wexford Spectrum beneficially own.
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CUSIP No. 471894105 13G Page 10 of 11 Wexford Capital LLC, Charles Davidson, and Joseph Jacobs, own directly no shares of Common Stock. Pursuant to Investment Agreements, Wexford Capital LLC has all investment and voting power with respect to the Securities held by Theta Investors LLC and Wexford Spectrum Investors LLC. By reason of the provisions of Rule 13D-3 of the Securities Exchange Act of 1934, as amended, each of Wexford Capital LLC, Charles Davidson, and Joseph Jacobs may be deemed to beneficially own 4,790,420 shares of Common Stock (constituting approximately 11.9% of the shares of Common Stock outstanding). Each of Wexford Capital LLC, Charles Davidson, and Joseph Jacobs disclaim beneficial ownership of any securities covered by this statement. 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 Not applicable. Item 9. Notice of Dissolution of Group Not applicable. 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. Dated: November 14, 2005 THETA INVESTORS LLC. By: /s/ Arthur H. Amron ------------------------- Name: Arthur H. Amron Title: Vice President WEXFORD SPECTRUM INVESTORS LLC By: /s/ Arthur H. Amron ------------------------- Name: Arthur H. Amron Title: Vice President
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CUSIP No. 471894105 13G Page 11 of 11 WEXFORD CAPITAL LLC By: /s/ Arthur H. Amron ------------------------- Name: Arthur H. Amron Title: Principal and General Counsel /s/ CHARLES E. DAVIDSON ----------------------------- CHARLES E. DAVIDSON /s/ JOSEPH M. JACOBS ------------------------------- JOSEPH M. JACOBS

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