UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
13d-1(a) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(a)
Under the Securities Exchange Act of 1934
(Amendment No. 2)
(Name of Issuer)
Common Stock, $0.001 par value per share
(Title of Class of Securities)
(CUSIP Number)
Federico Pignatelli
Pier 59 Studios
Pier 59
Chelsea Pier
New York, NY 10011
(917) 960-3200
Copies to:
Bruce D. Meyer
Gibson, Dunn & Crutcher LLP
333 South Grand Avenue
Los Angeles, CA 90071
(213) 229-7979
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
(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. o
Note: Schedules filed in paper
format shall include a signed original and five copies of the schedule, including
all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.
* The remainder of this cover page shall be filled out for a reporting persons 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).
This Amendment No. 2 (this Amendment) amends and supplements the Schedule 13D filed
on May 17, 2010, as amended by Amendment No. 1 filed on June 8, 2010 (as amended and supplemented,
the Schedule 13D), by the Reporting Person relating to the common stock, par value $0.001
per share (Common Stock) of Biolase Technology, Inc., a Delaware corporation (the
Issuer). Information reported in the Schedule 13D remains in effect except to the extent
that it is amended, supplemented, restated or superseded by information contained in this
Amendment. Capitalized terms used but not defined in this Amendment have
the respective meanings set forth in the Schedule 13D.
Item 1. Security and Issuer.
Item 1 is hereby amended and restated as follows:
This Amendment, which relates to the Reporting Persons beneficial ownership of the Issuers
Common Stock, is being filed to supplement the disclosure in Item 4 and amend and restate Item 7 of
the Schedule 13D. The principal executive offices of the Issuer are located at 4 Cromwell, Irvine,
California 92618.
Item 4. Purpose of Transaction.
Item 4 of the Schedule 13D is hereby supplemented as follows:
On June 10, 2010, the Reporting Person received a letter (the Response Letter) from
a special committee of the Board of Directors (the Special Committee) of the Issuer
contesting his authority to call a special meeting of stockholders of the Issuer on August 6, 2010
and terminating him as President of the Issuer, effective immediately. The Reporting Person takes
strong exception to the Special Committees grounds for contesting his authority to call this
special meeting of stockholders and resulting termination as President of the Issuer. Contrary to
the Special Committees assertion, (1) the Reporting Person did not need authorization from the
Board of Directors to call this meeting and (2) his actions were
authorized by the Issuers
governing documents. Section 2.3(a) of the Issuers Bylaws provides that: Special meetings of
stockholders for any purposes, unless otherwise prescribed by the General Corporation Law of the
State of Delaware, the Certificate of Incorporation or these Bylaws, may be called by the Board,
the Chairman, the Chief Executive Officer (CEO) or the President (emphasis added). The Bylaws
further provide the President with the authority to set the place, date and time of the special
meeting. Thus, in his capacity as President of the Issuer, the Reporting Person had the
unequivocal right to call this special stockholder meeting. The Reporting Person intends to
initiate litigation and otherwise pursue his rights to call and hold this special meeting of the Issuers
stockholders. The Reporting Person also intends to challenge the Special Committees decision to
remove him as President and the appointment of David Mulder as
Chairman of the Board of Directors. Additionally, the Reporting Person
takes exception to the Special Committees characterization of his
call for the special stockholder meeting as a hostile
takeover. The Reporting Person was the only director who
received approximately 96% of the
votes cast for the election of directors at the 2010 Annual Meeting
of Stockholders. All other directors, but the Reporting Person,
barely received a majority, receiving only approximately 53% of the
votes cast. The Reporting Person views the recent actions by the
Special Committee as further evidence of the current directors'
attempts (other than him) to entrench themselves and intends to
pursue his rights as a stockholder of the Issuer to effect a change
in the composition of the Board of Directors of the Issuer.
The Response Letter is incorporated herein by reference as Exhibit 2.
Item 7. Material to Be Filed as Exhibits.
Item 7 is hereby amended and restated as follows:
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Exhibit 1 |
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Letter to Secretary of Biolase Technology, Inc., dated June 7, 2010 (filed as
Exhibit 1 to Amendment No. 1 to Schedule 13D, filed on June 8, 2010). |
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Exhibit 2 |
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Response Letter from Special Committee of Board of Directors of Biolase
Technology, Inc. to Federico Pignatelli, dated June 10, 2010 (filed as Exhibit
99.1 to the Issuers Current Report on Form 8-K, filed on June 11, 2010). |