UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 23)*
Lighting Science Group Corporation
(Name of Issuer)
Common Stock, par value $.001 per share
(Title of Class of Securities)
53224G103
(CUSIP Number)
Steven Wacaster
LED Holdings, LLC
c\o Pegasus Capital Advisors, L.P.
99 River Road
Cos Cob, CT 06807
(203) 869-4400
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
March 20, 2012
(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 that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. ¨
Note:Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.
* 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).
| CUSIP No. 53224G103 |
| (1) | Names of reporting persons
LED Holdings, LLC 26-0299414 | |||||
| (2) | Check the appropriate box if a member of a group (see instructions) (a) ¨ (b) ¨
| |||||
| (3) | SEC use only
| |||||
| (4) | Source of funds (see instructions)
OO | |||||
| (5) | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
¨ | |||||
| (6) | Citizenship or place of organization
Delaware | |||||
Number of shares beneficially owned by each reporting person with | (7) | Sole voting power
29,172,496 | ||||
| (8) | Shared voting power
-0- | |||||
| (9) | Sole dispositive power
29,172,496 | |||||
| (10) | Shared dispositive power
-0- | |||||
(11) | Aggregate amount beneficially owned by each reporting person
29,172,496 | |||||
(12) | Check if the aggregate amount in Row (11) excludes certain shares (see instructions)
¨ | |||||
(13) | Percent of class represented by amount in Row (11)
14.10% (1) | |||||
(14) | Type of reporting person (see instructions)
OO | |||||
| (1) | Based on 206,912,778 shares of common stock outstanding as of March 28, 2012. |
| CUSIP No. 53224G103 |
| (1) | Names of reporting persons
PP IV (AIV) LED, LLC 26-0240524 | |||||
| (2) | Check the appropriate box if a member of a group (see instructions) (a) ¨ (b) ¨
| |||||
| (3) | SEC use only
| |||||
| (4) | Source of funds (see instructions)
OO | |||||
| (5) | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
¨ | |||||
| (6) | Citizenship or place of organization
Delaware | |||||
Number of shares beneficially owned by each reporting person with | (7) | Sole voting power
164,794,829 | ||||
| (8) | Shared voting power
-0- | |||||
| (9) | Sole dispositive power
164,794,829 | |||||
| (10) | Shared dispositive power
-0- | |||||
(11) | Aggregate amount beneficially owned by each reporting person
164,794,829 | |||||
(12) | Check if the aggregate amount in Row (11) excludes certain shares (see instructions)
¨ | |||||
(13) | Percent of class represented by amount in Row (11)
79.64% (1) | |||||
(14) | Type of reporting person (see instructions)
OO | |||||
| (1) | Based on 206,912,778 shares of common stock outstanding as of March 28, 2012. |
| CUSIP No. 53224G103 |
| (1) | Names of reporting persons
PP IV LED, LLC 26-0196366 | |||||
| (2) | Check the appropriate box if a member of a group (see instructions) (a) ¨ (b) ¨
| |||||
| (3) | SEC use only
| |||||
| (4) | Source of funds (see instructions)
OO | |||||
| (5) | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
¨ | |||||
| (6) | Citizenship or place of organization
Delaware | |||||
Number of shares beneficially owned by each reporting person with | (7) | Sole voting power
164,794,829 | ||||
| (8) | Shared voting power
-0- | |||||
| (9) | Sole dispositive power
164,794,829 | |||||
| (10) | Shared dispositive power
-0- | |||||
(11) | Aggregate amount beneficially owned by each reporting person
164,794,829 | |||||
(12) | Check if the aggregate amount in Row (11) excludes certain shares (see instructions)
¨ | |||||
(13) | Percent of class represented by amount in Row (11)
79.64% (1) | |||||
(14) | Type of reporting person (see instructions)
OO | |||||
| (1) | Based on 206,912,778 shares of common stock outstanding as of March 28, 2012. |
| CUSIP No. 53224G103 |
| (1) | Names of reporting persons
PEGASUS PARTNERS IV, LP | |||||
| (2) | Check the appropriate box if a member of a group (see instructions) (a) ¨ (b) ¨
| |||||
| (3) | SEC use only
| |||||
| (4) | Source of funds (see instructions)
OO | |||||
| (5) | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
¨ | |||||
| (6) | Citizenship or place of organization
Delaware | |||||
Number of shares beneficially owned by each reporting person with | (7) | Sole voting power
170,529,126(1) | ||||
| (8) | Shared voting power
-0- | |||||
| (9) | Sole dispositive power
170,529,126(1) | |||||
| (10) | Shared dispositive power
-0- | |||||
(11) | Aggregate amount beneficially owned by each reporting person
170,529,126(1) | |||||
(12) | Check if the aggregate amount in Row (11) excludes certain shares (see instructions)
¨ | |||||
(13) | Percent of class represented by amount in Row (11)
82.39% (2) | |||||
(14) | Type of reporting person (see instructions)
PN | |||||
| (1) | Includes options to purchase up to 53,286 shares of the Issuer’s common stock issued pursuant to the Series G Unit Subscription Agreement dated December 1, 2011. |
| (2) | Based on 206,912,778 shares of common stock outstanding as of March 28, 2012. |
| CUSIP No. 53224G103 |
| (1) | Names of reporting persons
LSGC Holdings LLC 27-3651400 | |||||
| (2) | Check the appropriate box if a member of a group (see instructions) (a) ¨ (b) ¨
| |||||
| (3) | SEC use only
| |||||
| (4) | Source of funds (see instructions)
OO | |||||
| (5) | Check if disclosure of legal proceedings is required pursuant to items 2(d) or 2(e)
¨ | |||||
| (6) | Citizenship or place of organization
Delaware | |||||
Number of shares beneficially owned by each reporting person with | (7) | Sole voting power
164,794,829 | ||||
| (8) | Shared voting power
-0- | |||||
| (9) | Sole dispositive power
164,794,829 | |||||
| (10) | Shared dispositive power
-0- | |||||
(11) | Aggregate amount beneficially owned by each reporting person
164,794,829 | |||||
(12) | Check if the aggregate amount in row (11) excludes certain shares (see instructions)
¨ | |||||
(13) | Percent of class represented by amount in row (11)
79.64% (1) | |||||
(14) | Type of reporting person (see instructions)
OO | |||||
| (1) | Based on 206,912,778 shares of common stock outstanding as of March 28, 2012. |
| CUSIP No. 53224G103 |
| (1) | Names of reporting persons:
LSGC Holdings II LLC | |||||
| (2) | Check the appropriate box if a member of a group (see instructions): (a) ¨ (b) ¨
| |||||
| (3) | SEC use only:
| |||||
| (4) | Source of funds (see instructions):
OO | |||||
| (5) | Check if disclosure of legal proceedings is required pursuant to items 2(d) or 2(e):
| |||||
| (6) | Citizenship or place of organization:
DE | |||||
Number of shares beneficially owned by each reporting person with | (7) | Sole voting power:
2,764,600(1) | ||||
| (8) | Shared voting power:
-0- | |||||
| (9) | Sole dispositive power:
2,764,600(1) | |||||
| (10) | Shared dispositive power:
-0- | |||||
(11) | Aggregate amount beneficially owned by each reporting person:
2,764,600(1) | |||||
(12) | Check if the aggregate amount in row (11) excludes certain shares (see instructions):
| |||||
(13) | Percent of class represented by amount in row (11):
1.34%(2) | |||||
(14) | Type of reporting person (see instructions):
CO | |||||
| (1) | Includes options to purchase up to 53,286 shares of the Issuer’s common stock issued pursuant to the Series G Unit Subscription Agreement dated December 1, 2011. |
| (2) | Based on 206,912,778 shares of common stock outstanding as of March 28, 2012. |
| CUSIP No. 53224G103 |
| (1) | Names of reporting persons:
PCA LSG Holdings, LLC
I.R.S. Identification Nos. of above persons (entities only): 45-3836143 | |||||
| (2) | Check the appropriate box if a member of a group (see instructions): (a) ¨ (b) ¨
| |||||
| (3) | SEC use only:
¨ | |||||
| (4) | Source of funds (see instructions):
WC | |||||
| (5) | Check if disclosure of legal proceedings is required pursuant to items 2(d) or 2(e):
¨ | |||||
| (6) | Citizenship or place of organization:
DE | |||||
Number of shares beneficially owned by each reporting person with | (7) | Sole voting power:
1,352,236(1) | ||||
| (8) | Shared voting power:
-0- | |||||
| (9) | Sole dispositive power:
1,352,236(1) | |||||
| (10) | Shared dispositive power:
-0- | |||||
(11) | Aggregate amount beneficially owned by each reporting person:
1,352,236(1) | |||||
(12) | Check if the aggregate amount in row (11) excludes certain shares (see instructions):
¨ | |||||
(13) | Percent of class represented by amount in row (11):
0.65% (2) | |||||
(14) | Type of reporting person (see instructions):
OO | |||||
| (1) | Includes options to purchase up to 53,286 shares of the Issuer’s common stock issued pursuant to the Series G Unit Subscription Agreement dated December 1, 2011. |
| (2) | Based on 206,912,778 shares of common stock outstanding as of March 28, 2012. |
| CUSIP No. 53224G103 |
| (1) | Names of reporting persons
PEGASUS INVESTORS IV, LP | |||||
| (2) | Check the appropriate box if a member of a group (see instructions) (a) ¨ (b) ¨
| |||||
| (3) | SEC use only
| |||||
| (4) | Source of funds (see instructions)
OO | |||||
| (5) | Check if disclosure of legal proceedings is required pursuant to items 2(d) or 2(e)
¨ | |||||
| (6) | Citizenship or place of organization
Delaware | |||||
Number of shares beneficially owned by each reporting person with | (7) | Sole voting power
170,529,126(1) | ||||
| (8) | Shared voting power
-0- | |||||
| (9) | Sole dispositive power
170,529,126(1) | |||||
| (10) | Shared dispositive power
-0- | |||||
(11) | Aggregate amount beneficially owned by each reporting person
170,529,126(1) | |||||
(12) | Check if the aggregate amount in row (11) excludes certain shares (see instructions)
¨ | |||||
(13) | Percent of class represented by amount in row (11)
82.39% (2) | |||||
(14) | Type of reporting person (see instructions)
PN | |||||
| (1) | Includes options to purchase up to 53,286 shares of the Issuer’s common stock issued pursuant to the Series G Unit Subscription Agreement dated December 1, 2011. |
| (2) | Based on 206,912,778 shares of common stock outstanding as of March 28, 2012. |
| CUSIP No. 53224G103 |
| (1) | Names of reporting persons
PEGASUS INVESTORS IV GP, LLC | |||||
| (2) | Check the appropriate box if a member of a group (see instructions) (a) ¨ (b) ¨
| |||||
| (3) | SEC use only
| |||||
| (4) | Source of funds (see instructions)
OO | |||||
| (5) | Check if disclosure of legal proceedings is required pursuant to items 2(d) or 2(e)
¨ | |||||
| (6) | Citizenship or place of organization
Delaware | |||||
Number of shares beneficially owned by each reporting person with | (7) | Sole voting power
170,529,126 (1) | ||||
| (8) | Shared voting power
-0- | |||||
| (9) | Sole dispositive power
170,529,126 (1) | |||||
| (10) | Shared dispositive power
-0- | |||||
(11) | Aggregate amount beneficially owned by each reporting person
170,529,126 (1) | |||||
(12) | Check if the aggregate amount in row (11) excludes certain shares (see instructions)
¨ | |||||
(13) | Percent of class represented by amount in row (11)
82.39% (2) | |||||
(14) | Type of reporting person (see instructions)
OO | |||||
| (1) | Includes options to purchase up to 53,286 shares of the Issuer’s common stock issued pursuant to the Series G Unit Subscription Agreement dated December 1, 2011. |
| (2) | Based on 206,912,778 shares of common stock outstanding as of March 28, 2012. |
| CUSIP No. 53224G103 |
| (1) | Names of reporting persons
PEGASUS CAPITAL, LLC | |||||
| (2) | Check the appropriate box if a member of a group (see instructions) (a) ¨ (b) ¨
| |||||
| (3) | SEC use only
| |||||
| (4) | Source of funds (see instructions)
OO | |||||
| (5) | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
¨ | |||||
| (6) | Citizenship or place of organization
Delaware | |||||
Number of shares beneficially owned by each reporting person with | (7) | Sole voting power
171,828,076 (1) | ||||
| (8) | Shared voting power
-0- | |||||
| (9) | Sole dispositive power
171,828,076 (1) | |||||
| (10) | Shared dispositive power
-0- | |||||
(11) | Aggregate amount beneficially owned by each reporting person
171,828,076 (1) | |||||
(12) | Check if the aggregate amount in Row (11) excludes certain shares (see instructions)
¨ | |||||
(13) | Percent of class represented by amount in Row (11)
83.02%(2) | |||||
(14) | Type of reporting person (see instructions)
OO | |||||
| (1) | Includes options to purchase up to 53,286 shares of the Issuer’s common stock issued pursuant to the Series G Unit Subscription Agreement dated December 1, 2011. |
| (2) | Based on 206,912,778 shares of common stock outstanding as of March 28, 2012. |
| CUSIP No. 53224G103 |
| (1) | Names of reporting persons
CRAIG COGUT | |||||
| (2) | Check the appropriate box if a member of a group (see instructions) (a) ¨ (b) ¨
| |||||
| (3) | SEC use only
| |||||
| (4) | Source of funds (see instructions)
OO | |||||
| (5) | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
¨ | |||||
| (6) | Citizenship or place of organization
United States | |||||
Number of shares beneficially owned by each reporting person with | (7) | Sole voting power
171,989,830 (1) | ||||
| (8) | Shared voting power
-0- | |||||
| (9) | Sole dispositive power
171,989,830 (1) | |||||
| (10) | Shared dispositive power
-0- | |||||
(11) | Aggregate amount beneficially owned by each reporting person
171,989,830 (1) | |||||
(12) | Check if the aggregate amount in Row (11) excludes certain shares (see instructions)
¨ | |||||
(13) | Percent of class represented by amount in Row (11)
83.09%(2) | |||||
(14) | Type of reporting person (see instructions)
IN | |||||
| (1) | Includes 12,000 shares of common stock underlying options issued to Pegasus Capital Advisors IV, L.P. related to director compensation that vested in four equal installments of 3,000 on April 23, 2010, July 1, 2010, October 1, 2010, and January 3, 2011, and 12,000 shares of common stock underlying options issued to Pegasus Capital Advisors IV, L.P. related to director compensation that vested in equal quarterly installments on the first trading day immediately following the end of each fiscal quarter of 2011 and are subject to the Issuer’s Amended and Restated Equity-Based Compensation Plan. Includes options to purchase up to 53,286 shares of the Issuer’s common stock issued pursuant to the Series G Unit Subscription Agreement dated December 1, 2011. |
| (2) | Based on 206,912,778 shares of common stock outstanding as of March 28, 2012. |
Amendment No. 23 to Schedule 13D
This Amendment No. 23 amends and supplements the Schedule 13D (the “Schedule 13D”) filed on behalf of LED Holdings, LLC (“LED Holdings”), PP IV (AIV) LED, LLC (“PPAIV”), PP IV LED, LLC (“PPLED”), Pegasus Partners IV, L.P. (“PPIV”), LSGC Holdings LLC (“LSGC Holdings”), LSGC Holdings II LLC (“LSGC HoldingsII”), PCA LSG Holdings, LLC (“PCA Holdings”) Pegasus Investors IV, L.P. (“PIIV”), Pegasus Investors IV GP, L.L.C. (“PIGP”), Pegasus Capital, LLC (“PCLLC”), and Craig Cogut (“Mr. Cogut”) with the Securities and Exchange Commission (the “SEC”), as the case may be, on October 15, 2007, as amended by Amendment No. 1 filed on April 11, 2008, Amendment No. 2 filed on May 1, 2008, Amendment No. 3 filed on July 30, 2008, Amendment No. 4 filed on January 12, 2009, Amendment No. 5 filed on February 20, 2009, Amendment No. 6 filed on May 22, 2009, Amendment No. 7 filed on August 17, 2009, Amendment No. 8 filed on September 1, 2009, Amendment No. 9 filed on March 8, 2010, Amendment No. 10 filed on March 24, 2010, Amendment No. 11 filed on April 28, 2010, Amendment No. 12 filed on May 14, 2010, Amendment No. 13 filed on July 2, 2010, Amendment No. 14 filed on July 16, 2010, Amendment No. 15 filed on November 5, 2010, Amendment No. 16 filed on December 28, 2010, Amendment No. 17 filed on February 2, 2011, Amendment No. 18 filed on February 18, 2011, Amendment No. 19 filed on May 26, 2011, Amendment No. 20 filed on December 13, 2011, Amendment No. 21 filed on December 23, 2011 and Amendment No. 22 filed on January 30, 2012. Except as specifically provided herein, this Amendment No. 23 supplements, but does not modify any of the disclosure previously reported in the Schedule 13D and the amendments referenced above. Each capitalized term used but not defined herein has the meaning ascribed to such term in the Schedule 13D, as amended.
Item 3. Source and Amount of Funds or Other Consideration
The disclosure in Item 4 below is incorporated herein by reference.
Item 4. Purpose of Transaction
Subscription Agreement
On March 20, 2012, Lighting Science Group Corporation (the “Issuer”) entered into a Subscription Agreement (the “Subscription Agreement”) with PCA Holdings pursuant to which the Issuer issued 2,000 units (the “Series G Units”) of the Issuer’s securities to PCA Holdings at a price per Series G Unit of $1,000.00 (the “Series G Offering”) for total consideration of $2,000,000. Each Series G Unit consists of: (i) one share of the Issuer’s Series G Preferred Stock, par value $0.001 per share (the “Series G Preferred Stock”) and (ii) 83 shares of the Issuer’s common stock, par value $0.001 per share.
Pursuant to the Subscription Agreement, if, at any time while PCA Holdings holds any shares of Series G Preferred Stock purchased pursuant to the Subscription Agreement, the Issuer issues securities (other than pursuant to the Issuer’s equity-based compensation plans) that result in gross proceeds to the Issuer of at least $50,000,000 (a “Subsequent Issuance”), the Issuer must notify PCA Holdings of the terms and conditions of such Subsequent Issuance. Simultaneous with, and subject to the closing and terms and conditions of, such Subsequent Issuance, PCA Holdings would have the right to: (i) require the Issuer to use the proceeds of such Subsequent Issuance to redeem all of PCA Holdings’ Series G Preferred Stock or (ii) convert all or a portion of PCA Holdings’ Series G Preferred Stock into the securities issued in the Subsequent Issuance on substantially the same terms and conditions governing the Subsequent Issuance. If PCA Holdings elects to convert its shares of Series G Preferred Stock, PCA Holdings would retain all of the shares of common stock issued in conjunction with each converted share of Series G Preferred Stock.
In addition, if, at any time prior to November 17, 2013, the Issuer issues securities (other than issuances pursuant to the Issuer’s equity-based compensation plans or pursuant to a Subsequent Issuance) which PCA Holdings, in its sole reasonable discretion, determines are more favorable than the Series G Units, PCA Holdings may exchange all of its Series G Units, valued at the Liquidation Value (as defined in the Certificate of Designation concerning the Series G Preferred Stock) of the Series G Preferred Stock included in such Series G Units, for such newly issued securities.
Second Subscription Agreement
On March 28, 2012, the Issuer entered into a Subscription Agreement (the “Second Subscription Agreement”) with PCA Holdings pursuant to which the Issuer issued 2,000 Series G Units to PCA Holdings at a price per Series G Unit of $1,000.00 (the “Second Series G Offering”) for total consideration of $2,000,000. The terms of the Second Subscription Agreement are substantially the same as those of the Subscription Agreement.
The Issuer’s Committee of Independent Directors approved the Series G Offering and the Second Series G Offering, prior to the execution of the Subscription Agreement and the Second Subscription Agreement, respectively.
The foregoing descriptions of the Subscription Agreement and the Second Subscription Agreement do not purport to be complete and are qualified in their entirety by reference to the full texts of the Subscription Agreement and the Second Subscription Agreement, which are included as Exhibits 10.1 and 10.2 to this Amendment No. 23 and are incorporated by reference herein.
Grants of Options
As previously disclosed, in connection with the Series F Subscription Agreement dated November 17, 2011, by and among the Issuer, PCA Holdings and PPIV and the December Subscription Agreement (as defined below), on December 19, 2011, for no consideration, PCA Holdings, PPIV, PIIV, Pegasus Capital Partners IV, L.P. and Pegasus Partners IV (OA), LP entered into a Participation Agreement (the “Participation Agreement”) under which for no consideration PCA Holdings agreed that at any time on or prior to May 17, 2012, each limited partner of PPIV may elect to purchase some or all of its pro rata share of all Series G Units purchased by PCA Holdings based on such limited partner’s capital commitment to PPIV relative to the total capital commitments of all limited partners of PPIV. Accordingly, as a result of PCA Holdings entering into the Subscription Agreement, the limited partners of PPIV in the aggregate were granted an option to purchase an additional 2,000 Series G Units, and as a result of PCA Holdings entering into the Second Subscription Agreement, the limited partners of PPIV in the aggregate were granted an additional option to purchase 2,000 Series G Units.
Assignment of Option
Pursuant to the terms of the Series G Unit Subscription Agreement (the “December Subscription Agreement”) dated December 1, 2011, by and among the Issuer, PCA Holdings, PPIV, Ensemble Lights, LLC, Mark Kristoff, Alan Docter, Belfer Investment Partners L.P., Lime Partners, LLC and LSGC Holdings, on March 14, 2012, PCA Holdings assigned a portion of its option (the “Option”) to purchase the Issuer’s Series G Units in the amount of 100 Series G Units under the December Subscription Agreement to an additional investor (the “Additional Investor”) for no consideration and the Additional Investor executed a joinder to the December Subscription Agreement and exercised the Option by electing to purchase 100 Series G Units. As a result of the assignment of the Option by PCA Holdings and the purchase of Series G Units by the Additional Investor, the Option held by PPIV, PCA Holdings and LSGC Holdings II was reduced to an option to purchase 642 Series G Units.
The Reporting Persons continuously assess the Issuer’s business, financial condition, results of operations and prospects, general economic conditions, other developments and additional investment opportunities. Depending on such assessments, the Reporting Persons may acquire additional shares of Common Stock or may determine to purchase, sell or otherwise dispose of all or some of the Issuer’s securities in the open market, as applicable, in privately negotiated transactions or otherwise. Such actions will depend upon a variety of factors, including, without limitation, current and anticipated future trading prices, the financial condition, results of operations and prospects of the Issuer, alternative investment opportunities, general economic, financial market and industry conditions and other factors that the Reporting Persons may deem material to its investment decision.
Except as set forth herein or in previous amendments to this Schedule 13D, as the case may be, the Reporting Persons do not have present plans or proposals at this time that relate to or would result in any of the transactions described in subparagraphs (a) through (j) of Item 4 of Schedule 13D.
Item 5. Interest in Securities of the Issuer
Items 7 through 11 and 13 of each of the cover pages of this Amendment No. 23 are incorporated herein by reference. Such information is based upon 206,912,778 shares of common stock outstanding as of March 28, 2012.
The disclosure regarding the Subscription Agreement, the Second Subscription Agreement, the Participation Agreement and the assignment of the Option and the related disclosure in Item 4 is incorporated herein by reference.
Except as set forth herein and in our previously filed amendments to Schedule 13D, as the case may be, there have been no other transactions in the class of securities reported on that were effected within the past sixty days.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer
The disclosure regarding the Subscription Agreement and the Second Subscription Agreement in Item 4 is incorporated herein by reference.
The Subscription Agreement and the Second Subscription Agreement are included as Exhibits 10.1 and 10.2 to this Amendment No. 23 and are incorporated herein by reference.
Item 7. Material to be Filed as Exhibits
Exhibit | Description | |
| 10.1 | Series G Unit Subscription Agreement, dated as of March 20, 2012, by and between Lighting Science Group Corporation and PCA LSG Holdings, LLC (incorporated by reference to Exhibit 10.1 to the Issuer’s Current Report on Form 8-K, filed with the SEC on March 26, 2012). | |
| 10.2 | Series G Unit Subscription Agreement, dated as of March 28, 2012, by and between Lighting Science Group Corporation and PCA LSG Holdings, LLC. | |
| 99.1 | Agreement Regarding the Joint Filing of Schedule 13D by and among the Reporting Persons. | |
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.
Date: April 5, 2012
| LED HOLDINGS, LLC | ||
| By: | /s/ Steven Wacaster | |
| Name: Steven Wacaster | ||
| Title: Manager | ||
| PP IV (AIV) LED, LLC | ||
| By: | Pegasus Partners IV (AIV), L.P., | |
| its sole member | ||
| By: | Pegasus Investors IV, L.P., | |
| its general partner | ||
| By: | Pegasus Investors IV GP, L.L.C., | |
| general partner | ||
| By: | /s/ Steven Wacaster | |
| Name: Steven Wacaster | ||
| Title: Vice President | ||
| PP IV LED, LLC | ||
| By: | Pegasus Partners, IV, L.P., | |
| its sole member | ||
| By: | Pegasus Investors IV, L.P., | |
| its general partner | ||
| By: | Pegasus Investors IV GP, L.L.C., | |
| its general partner | ||
| By: | /s/ Steven Wacaster | |
| Name: Steven Wacaster | ||
| Title: Vice President | ||
| PEGASUS PARTNERS IV, L.P. | ||
| By: | Pegasus Investors IV, LP | |
| its general partner | ||
| By: | Pegasus Investors IV GP, L.L.C., | |
| its general partner | ||
| By: | /s/ Steven Wacaster | |
| Name: Steven Wacaster | ||
| Title: Vice President | ||
| LSGC HOLDINGS LLC | ||
| By: | Pegasus Partners IV, L.P., | |
| its managing member | ||
| By: | Pegasus Investors IV, L.P., | |
| its general partner | ||
| By: | Pegasus Investors IV GP, L.L.C., | |
| its general partner | ||
| By: | /s/ Steven Wacaster | |
| Name: Steven Wacaster | ||
| Title: Vice President | ||
| LSGC HOLDINGS II LLC | ||
| By: | Pegasus Partners IV, L.P., | |
| its sole member | ||
| By: | Pegasus Investors IV, L.P., | |
| its general partner | ||
| By: | Pegasus Investors IV GP, L.L.C., | |
| its general partner | ||
| By: | /s/ Steven Wacaster | |
| Name: Steven Wacaster | ||
Title: Vice President | ||
| PCA LSG HOLDINGS, LLC | ||
| By: | Pegasus Capital, LLC, | |
| its managing member | ||
| By: | /s/ Craig Cogut | |
| Name: Craig Cogut | ||
| Title: President & Managing Member | ||
| PEGASUS INVESTORS IV, L.P. | ||
| By: | Pegasus Investors IV GP, L.L.C., | |
| its general partner | ||
| By: | /s/ Steven Wacaster | |
| Name: Steven Wacaster | ||
| Title: Vice President | ||
| PEGASUS INVESTORS IV GP, L.L.C. | ||
| By: | /s/ Steven Wacaster | |
| Name: Steven Wacaster | ||
| Title: Vice President | ||
| PEGASUS CAPITAL, LLC | ||
| By: | /s/ Craig Cogut | |
| Name: Craig Cogut | ||
| Title: President & Managing Member | ||
/s/ Craig Cogut | ||
| CRAIG COGUT | ||
