Amended Statement of Ownership: Solicitation (sc 14d9/a)
October 06 2015 - 9:04AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE
14D-9
(Rule 14d-101)
Solicitation/Recommendation Statement
Under Section 14(d)(4) of the Securities Exchange Act of 1934
(Amendment No. 4)
DOT HILL
SYSTEMS CORP.
(Name of Subject Company)
DOT HILL
SYSTEMS CORP.
(Name of Person Filing Statement)
Common Stock, $0.001 par value per share
(Title of Class of Securities)
25848T109
(CUSIP Number
of Class of Securities)
Dana W. Kammersgard
President and Chief Executive Officer
Dot Hill Systems Corp.
1351 S. Sunset Street
Longmont, CO 80501
(303)
845-3200
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications
on Behalf of the Person Filing Statement)
With copies to:
Rama Padmanabhan, Esq.
Thomas A. Coll, Esq.
Cooley LLP
4401 Eastgate
Mall
San Diego, CA 92121
(858) 550-6000
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Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer. |
This Amendment No. 4 to Schedule 14D-9 amends and supplements the Schedule 14D-9 previously filed by Dot
Hill Systems Corp., a Delaware corporation (Dot Hill), with the Securities and Exchange Commission on September 1, 2015, relating to the offer by Seagate HDD Cayman, an exempted company with limited liability organized under the
laws of the Cayman Islands (Parent) and Denali Acquisition Sub Corp., a Delaware corporation and a wholly owned subsidiary of Parent (Purchaser), to purchase all of the outstanding shares of Dot Hills common stock,
$0.001 par value per share (the Shares), at a purchase price of $9.75 per Share, without interest, subject to any required withholding of taxes upon the terms and subject to the conditions set forth in the Offer to Purchase, dated
September 1, 2015, and the related Letter of Transmittal, each of which may be amended or supplemented from time to time.
Item 8. |
Additional Information. |
Item 8 of the Schedule 14D-9 is hereby amended and supplemented by adding
the following after the last paragraph:
Expiration of Offering Period; Completion of Merger
The Offer expired at 12:01 A.M. (Eastern Time) on October 6, 2015. Parent and Merger Sub were advised by the American Stock
Transfer & Trust Company, LLC, the depositary for the Offer (the Depositary), that, as of the expiration of the Offer, a total of 51,654,820 Shares had been validly tendered into and not withdrawn pursuant to the Offer,
representing approximately 81.13% of the outstanding Shares as of 12:01 A.M. (Eastern Time) on October 6, 2015. Additionally, the Depositary advised Parent and Merger Sub that an additional 4,533,833 Shares had been tendered by notice of
guaranteed delivery, representing approximately 7.12% of the outstanding Shares at such time. As a result, the Minimum Condition (as defined in the Merger Agreement) has been satisfied. All conditions to the Offer having been satisfied, Merger Sub
accepted for payment, and is required to promptly pay for, all Shares validly tendered pursuant to the Offer and not properly withdrawn.
Following the acceptance of the Shares tendered in the Offer, Merger Sub acquired sufficient Shares to consummate the Merger without a vote of
Dot Hills stockholders in accordance with Section 251(h) of the DGCL, and on October 6, 2015, following acceptance of the tendered Shares, Merger Sub merged with and into Dot Hill, with Dot Hill surviving as a wholly owned subsidiary
of Parent. At the Effective Time, each Share issued and outstanding immediately prior to the Effective Time (other than the Canceled Company Shares and the Dissenting Company Shares) were cancelled and extinguished and automatically converted into
the right to receive the Merger Consideration.
Parent intends to promptly cause all Shares to be delisted from the NASDAQ Global Market
and deregistered under the Exchange Act.
The full text of the press release issued on October 6, 2015 announcing the expiration and
results of the Offer is attached as Exhibit (a)(5)(H) to the Schedule 14D-9 and is incorporated herein by reference.
The table in the Schedule 14D-9 appearing in Item 9 is amended and supplemented to add
the following exhibit:
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Exhibit No. |
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Description |
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(a)(5)(H) |
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Joint Press Release of Seagate Technology PLC and Dot Hill Systems Corp., dated October 6, 2015 (incorporated by reference to Exhibit (a)(5)(B) to Amendment No. 2 to the Tender Offer Statement on Schedule TO filed by Seagate
Technology PLC, Parent and Merger Sub with the Securities and Exchange Commission on September 1, 2015, filed on October 6, 2015). |
SIGNATURE
After due 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.
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DOT HILL SYSTEMS CORP. |
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By: |
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/s/ Patrick J. OMalley, III |
Name: |
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Patrick J. OMalley, III |
Title: |
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Treasurer |
Dated: October 6, 2015
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