| Delaware | ||||
(State or other jurisdiction of incorporation or organization) | | | 82-1669692 (I.R.S. Employer Identification Number) | |
| Large accelerated filer ☐ | | | Accelerated filer ☒ | | | Non-accelerated filer ☐ | | | Smaller reporting company ☐ | | | Emerging growth company ☐ | |
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Name of Selling Stockholder | | | Number of Shares of Common Stock Owned Prior to Offering | | | Maximum Number of Shares of Common Stock to be Sold Pursuant to this Prospectus | | | Number of Shares of Common Stock Owned After Offering(1) | | ||||||||||||||||||
| Number | | | Percent | | | Number | | | Percent | | |||||||||||||||||
JPMorgan Chase & Co.(2) | | | | | 51,594,927 | | | | | | 30.80% | | | | | | 51,579,566 | | | | | | 15,361 | | | | * | |
Swarth Investments Ltd.(3) | | | | | 27,435,739 | | | | | | 16.38% | | | | | | 27,435,739 | | | | | | — | | | | — | |
Client Accounts Managed by Neuberger Berman(4) | | | | | 13,535,173 | | | | | | 8.08% | | | | | | 9,836,066 | | | | | | 3,699,107 | | | | 2.21% | |
Herald Investment Trust plc(5) | | | | | 1,415,869 | | | | | | * | | | | | | 327,869 | | | | | | 1,088,000 | | | | * | |
Lake Street Fund, L.P.(6) | | | | | 1,757,777 | | | | | | 1.05% | | | | | | 350,000 | | | | | | 1,407,777 | | | | * | |
CVI Investments, Inc.(7) | | | | | 1,639,344 | | | | | | * | | | | | | 1,639,344 | | | | | | — | | | | — | |
Intrinsic Edge Capture, L.P.(8) | | | | | 1,639,344 | | | | | | * | | | | | | 1,639,344 | | | | | | — | | | | — | |
Name of Selling Stockholder | | | Number of Shares of Series A Preferred Stock Owned Prior to Offering | | | Maximum Number of Shares of Series A Preferred Offered Hereby | | | Number of Shares of Series A Preferred Stock Owned After Offering(1) | | |||||||||
JPMorgan Chase & Co.(2) | | | | | 5,000 | | | | | | 5,000 | | | | | | — | | |
Swarth Investments Ltd.(3) | | | | | 5,000 | | | | | | 5,000 | | | | | | — | | |
Client Accounts Managed by Neuberger Berman(4) | | | | | 20,618 | | | | | | 20,618 | | | | | | — | | |
Herald Investment Trust plc(5) | | | | | 2,000 | | | | | | 2,000 | | | | | | — | | |
Sidus Investment Partners, L.P.(6) | | | | | 800 | | | | | | 800 | | | | | | — | | |
Sidus Double Alpha Fund LTD(7) | | | | | 1,275 | | | | | | 1,275 | | | | | | — | | |
Sidus Double Alpha Fund L.P.(8) | | | | | 2,080 | | | | | | 2,080 | | | | | | — | | |
Manatuck Hill Scout Fund, L.P.(9) | | | | | 2,000 | | | | | | 2,000 | | | | | | — | | |
Jon D and Linda W Gruber Trust(10) | | | | | 500 | | | | | | 500 | | | | | | — | | |
Pacific Capital Management LLC(11) | | | | | 3,000 | | | | | | 3,000 | | | | | | — | | |
Funicular Funds, LP(12) | | | | | 2,000 | | | | | | 2,000 | | | | | | — | | |
BRF Investments, LLC(13) | | | | | 4,073 | | | | | | 4,073 | | | | | | — | | |
Intrinsic Edge Capture LP(14) | | | | | 5,154 | | | | | | 5,154 | | | | | | — | | |
Boothbay Absolute Return Strategies, LP(15) | | | | | 1,000 | | | | | | 1,000 | | | | | | — | | |
OhSang Kwon(16) | | | | | 500 | | | | | | 500 | | | | | | — | | |
| | | Number of Securities Beneficially Owned Prior to the Offering | | | Total(2) | | | Voting %(2)(3) | | | Number of PIPE Warrants Offered Hereby | | | Number of Warrant Shares Offered Hereby(2) | | | Number of Common Shares Beneficially Owned After the Offering | | | Number of PIPE Warrants and Warrant Shares Beneficially Owned After the Offering | | | Voting % Remaining After the Offering(3) | | ||||||||||||||||||||||||||||||||||||
Name of Selling Shareholder | | | Common Shares | | | Warrant Shares(1) | | | PIPE Warrants | | |||||||||||||||||||||||||||||||||||||||||||||||||||
JPMorgan Chase & Co.(4) | | | | | 51,594,927 | | | | | | 441,645 | | | | | | 441,645 | | | | | | 52,036,572 | | | | | | 30.76% | | | | | | 441,645 | | | | | | 441,645 | | | | | | 51,594,927 | | | | | | — | | | | | | 30.49% | | |
Swarth Investments Ltd.(5) | | | | | 27,435,739 | | | | | | 441,645 | | | | | | 441,645 | | | | | | 27,877,384 | | | | | | 16.48% | | | | | | 441,645 | | | | | | 441,645 | | | | | | 27,435,739 | | | | | | — | | | | | | 16.22% | | |
Client Accounts Managed by Neuberger Berman(6) | | | | | 13,816,201 | | | | | | 1,821,166 | | | | | | 1,821,166 | | | | | | 15,637,367 | | | | | | 9.42% | | | | | | 1,821,166 | | | | | | 1,821,166 | | | | | | 13,816,201 | | | | | | — | | | | | | 8.17% | | |
Herald Investment Trust plc(7) | | | | | 1,415,869 | | | | | | 176,658 | | | | | | 176,658 | | | | | | 1,592,527 | | | | | | * | | | | | | 176,658 | | | | | | 176,658 | | | | | | 1,415,869 | | | | | | — | | | | | | * | | |
Sidus Investment Partners, L.P.(8) | | | | | 158,764 | | | | | | 70,663 | | | | | | 70,663 | | | | | | 229,427 | | | | | | * | | | | | | 70,663 | | | | | | 70,663 | | | | | | 158,764 | | | | | | — | | | | | | * | | |
Sidus Double Alpha Fund LTD(9) | | | | | 259,025 | | | | | | 112,619 | | | | | | 112,619 | | | | | | 371,644 | | | | | | * | | | | | | 112,619 | | | | | | 112,619 | | | | | | 259,025 | | | | | | — | | | | | | * | | |
Sidus Double Alpha Fund L.P.(10) | | | | | 505,742 | | | | | | 183,725 | | | | | | 183,725 | | | | | | 689,467 | | | | | | * | | | | | | 183,725 | | | | | | 183,725 | | | | | | 505,742 | | | | | | — | | | | | | * | | |
Manatuck Hill Scout Fund, L.P.(11) | | | | | — | | | | | | 176,658 | | | | | | 176,658 | | | | | | 176,658 | | | | | | * | | | | | | 176,658 | | | | | | 176,658 | | | | | | — | | | | | | — | | | | | | — | | |
Jon D and Linda W Gruber Trust(12) | | | | | 63,000 | | | | | | 44,164 | | | | | | 44,164 | | | | | | 107,164 | | | | | | * | | | | | | 44,164 | | | | | | 44,164 | | | | | | 63,000 | | | | | | — | | | | | | * | | |
Pacific Capital Management LLC(13) | | | | | — | | | | | | 264,987 | | | | | | 264,987 | | | | | | 264,987 | | | | | | * | | | | | | 264,987 | | | | | | 264,987 | | | | | | — | | | | | | — | | | | | | — | | |
Funicular Funds, LP(14) | | | | | — | | | | | | 176,658 | | | | | | 176,658 | | | | | | 176,658 | | | | | | * | | | | | | 176,658 | | | | | | 176,658 | | | | | | — | | | | | | — | | | | | | — | | |
BRF Investments, LLC(15) | | | | | — | | | | | | 359,762 | | | | | | 359,762 | | | | | | 359,762 | | | | | | * | | | | | | 359,762 | | | | | | 359,762 | | | | | | — | | | | | | — | | | | | | — | | |
Intrinsic Edge Capture LP(16) | | | | | 1,310,717 | | | | | | 455,247 | | | | | | 455,247 | | | | | | 1,765,964 | | | | | | 1.04% | | | | | | 455,247 | | | | | | 455,247 | | | | | | 1,310,717 | | | | | | — | | | | | | * | | |
Boothbay Absolute Return Strategies, LP(17) | | | | | 246,469 | | | | | | 88,329 | | | | | | 88,329 | | | | | | 334,798 | | | | | | * | | | | | | 88,329 | | | | | | 88,329 | | | | | | 246,469 | | | | | | — | | | | | | * | | |
OhSang Kwon(18) | | | | | — | | | | | | 44,164 | | | | | | 44,164 | | | | | | 44,164 | | | | | | * | | | | | | 44,164 | | | | | | 44,164 | | | | | | — | | | | | | — | | | | | | — | | |
| | Amount | | | Amount | | ||||||||
SEC registration fee | | | $ | 25,379.72 | | | | | $ | 35,629.32 | | | ||
Accounting fees and expenses | | | | 25,000.00 | | | | | | (1) | | | ||
The Nasdaq Global Select Market supplemental listing fee | | | | (1) | | | ||||||||
Fees and expenses of the trustee | | | | (1) | | | ||||||||
Printing expenses | | | | (1) | | | ||||||||
Legal fees and expenses | | | | 50,000.00 | | | | | | (1) | | | ||
Accounting fees and expenses | | | | (1) | | | ||||||||
Blue Sky, qualification fees and expenses | | | | (1) | | | ||||||||
Transfer agent fees and expenses | | | | (1) | | | ||||||||
Miscellaneous | | | | (1) | | | ||||||||
Total | | | $ | 100,379.72 | | | | | $ | (1) | | |
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24.1 | | | | |
| | Statement of Eligibility and Qualification on Form T-1 of the trustee under the Indenture pursuant to the Trust Indenture Act of 1939. | | |
107 | | | |
| | | | RIBBON COMMUNICATIONS INC. | | |||
| | | | By: | /s/ Bruce McClelland Bruce McClelland President and Chief Executive Officer | |
| Signature | | | Title | | | Date | |
| /s/ Bruce McClelland Bruce McClelland | | | President, Chief Executive Officer and Director (Principal Executive Officer) | | | | |
| /s/ Miguel A. Lopez Miguel A. Lopez | | | Executive Vice President and Chief Financial Officer (Principal Financial Officer) | | | | |
| /s/ Eric Marmurek Eric Marmurek | | | Senior Vice President, Finance (Principal Accounting Officer) | | | | |
| /s/ Shaul Shani Shaul Shani | | | Director | | | | |
| /s/ Mariano S. de Beer Mariano S. de Beer | | | Director | | | | |
| /s/ Stewart Ewing Stewart Ewing | | | Director | | | ||
|
| Signature | | | Title | | | Date | |
| /s/ | | | Director | | | | |
| /s/ Beatriz V. Infante Beatriz V. Infante | | | Director | | | April 4, 2023 | |
| /s/ Scott Mair Scott Mair | | | Director | | | | |
| /s/ Rick W. Smith Rick W. Smith | | | Director | | | April 4, 2023 | |
| /s/ Tanya Tamone Tanya Tamone | | | Director | | | April 4, 2023 | |