SCHEDULE 13G
CUSIP NO. 92532L 20 6 PAGE 1 OF 10 PAGES
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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. ___________)*
Verticalnet, Inc.
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(Name of Issuer)
Common Stock, $.01 par value
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(Title of Class of Securities)
92532L 20 6
---------------------------------------------------------------
(CUSIP Number)
July 30, 2002
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(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 the disclosures provided in a prior cover page.
The information required in 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).
SCHEDULE 13G
CUSIP NO. 92532L 20 6 PAGE 2 OF 10 PAGES
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1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Alexandra Global Investment Fund I, Ltd.
(No. I.R.S. ID Number)
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2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ]
(b) [ ] (See Item 6)
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3. SEC Use Only
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4. Citizenship or Place of Organization
British Virgin Islands
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5. Sole Voting Power
Number of -0-
Shares ---------------------------------------------------------
Beneficially 6. Shared Voting Power
Owned by
Each 812,062 shares of Common Stock (See Item 4)
Reporting ---------------------------------------------------------
Person 7. Sole Dispositive Power
With:
-0-
---------------------------------------------------------
8. Shared Dispositive Power
812,062 shares of Common Stock (See Item 4)
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9. Aggregate Amount Beneficially Owned by Each Reporting Person
812,062 shares of Common Stock (See Item 4)
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10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions)
[ ]
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11. Percent of Class Represented by Amount in Row (9)
6.28% (See Item 4)
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12. Type of Reporting Person (See Instructions)
CO
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SCHEDULE 13G
CUSIP NO. 92532L 20 6 PAGE 3 OF 10 PAGES
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1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Alexandra Investment Management, LLC
13-4092583
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2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ]
(b) [ ] (See Item 6)
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3. SEC Use Only
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4. Citizenship or Place of Organization
Delaware
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5. Sole Voting Power
Number of -0-
Shares ---------------------------------------------------------
Beneficially 6. Shared Voting Power
Owned by
Each 812,062 shares of Common Stock (See Item 4)
Reporting ---------------------------------------------------------
Person 7. Sole Dispositive Power
With:
-0-
---------------------------------------------------------
8. Shared Dispositive Power
812,062 shares of Common Stock (See Item 4)
------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
812,062 shares of Common Stock (See Item 4)
------------------------------------------------------------------------
10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions)
[ ]
------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9)
6.28% (See Item 4)
------------------------------------------------------------------------
12. Type of Reporting Person (See Instructions)
OO
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------------------------------------------------------------------------
------------------------------------------------------------------------
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SCHEDULE 13G
CUSIP NO. 92532L 20 6 PAGE 4 OF 10 PAGES
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1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Mikhail A. Filimonov
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2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ]
(b) [ ]
------------------------------------------------------------------------
3. SEC Use Only
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4. Citizenship or Place of Organization
U.S.
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5. Sole Voting Power
Number of -0-
Shares ---------------------------------------------------------
Beneficially 6. Shared Voting Power
Owned by
Each 812,062 shares of Common Stock (See Item 4)
Reporting ---------------------------------------------------------
Person 7. Sole Dispositive Power
With:
-0-
---------------------------------------------------------
8. Shared Dispositive Power
812,062 shares of Common Stock (See Item 4)
------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
812,062 shares of Common Stock (See Item 4)
------------------------------------------------------------------------
10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions)
[x]
------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9)
6.28% (See Item 4)
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12. Type of Reporting Person (See Instructions)
IN
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SCHEDULE 13G
CUSIP NO. 92532L 20 6 PAGE 5 OF 10 PAGES
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1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Dimitri Sogoloff
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2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ]
(b) [ ]
------------------------------------------------------------------------
3. SEC Use Only
------------------------------------------------------------------------
4. Citizenship or Place of Organization
U.S.
------------------------------------------------------------------------
5. Sole Voting Power
Number of -0-
Shares ---------------------------------------------------------
Beneficially 6. Shared Voting Power
Owned by
Each 812,062 shares of Common Stock (See Item 4)
Reporting ---------------------------------------------------------
Person 7. Sole Dispositive Power
With:
-0-
---------------------------------------------------------
8. Shared Dispositive Power
812,062 shares of Common Stock (See Item 4)
------------------------------------------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
812,062 shares of Common Stock (See Item 4)
------------------------------------------------------------------------
10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions)
[ ]
------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9)
6.28% (See Item 4)
------------------------------------------------------------------------
12. Type of Reporting Person (See Instructions)
IN
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------------------------------------------------------------------------
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Schedule 13G
CUSIP NO. 92532L 20 6 PAGE 6 OF 10 PAGES
Item 1(a). Name of Issuer:
Verticalnet, Inc.(the "Issuer")
Item 1(b). Address of Issuer's Principal Executive Offices:
300 Chester Field Parkway
Malvern, Pennsylvania 19355
Item 2(a). Names of Persons Filing:
Alexandra Global Investment Fund I, Ltd. ("Alexandra")
Alexandra Investment Management, LLC ("Management")
Mikhail A. Filimonov ("Filimonov")
Dimitri Sogoloff ("Sogoloff")
Item 2(b). Address of Principal Business Office:
Alexandra - Citco Building, Wickams Cay, P.O. Box 662,
Road Town, Tortola, British Virgin Islands
Management - 767 Third Avenue, 39th Floor, New York,
New York 10017
Filimonov - 767 Third Avenue, 39th Floor, New York,
New York 10017
Sogoloff - 767 Third Avenue, 39th Floor, New York,
New York 10017
Item 2(c). Place of Organization or Citizenship:
Alexandra - British Virgin Islands
Management - Delaware
Filimonov - U.S.
Sogoloff - U.S.
Item 2(d). Title of Class of Securities:
Common Stock, $0.01 par value per share of the Issuer (the
"Common Stock")
Item 2(e). CUSIP Number:
92532L 20 6
Item 3. This Schedule is filed pursuant to Rule 13d-1(c) by
Alexandra, Management, Filimonov and Sogoloff
Item 4. Ownership:
(a) Amount Beneficially Owned:
Alexandra: 812,062 shares*
Management: 812,062 shares*
Filimonov: 812,062 shares*
Sogoloff: 812,062 shares*
(b) Percent of Class:
Alexandra: 6.28%
Schedule 13G
CUSIP NO. 92532L 20 6 PAGE 7 OF 10 PAGES
Management: 6.28%
Filimonov: 6.28%
Sogoloff: 6.28%
(Based on 11,653,313 shares of Common Stock
outstanding, as of July 15, 2002, as stated by the
Issuer to Alexandra, plus 1,270,854 shares of Common
Stock issued by the Issuer on July 30, 2002)
(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:
812,062 shares of Common Stock*
(iii) sole power to dispose or to direct the
disposition of
-0-
(iv) shared power to dispose or to direct the
disposition of
812,062 shares of Common Stock*
*Management serves as investment advisor to Alexandra. By reason of such
relationship, Management may be deemed to share voting and dispositive power
over the shares of Common Stock owned by Alexandra. Management disclaims
beneficial ownership of the shares of Common Stock listed as beneficially owned
by Alexandra or any other person reporting on this Schedule.
Filimonov serves as the Chairman, a Managing Member and the Chief Investment
Officer of Management. Sogoloff serves as a Managing Member and the Chief
Operations Officer of Management. By reason of such relationships, each of
Filimonov and Sogoloff may be deemed to share voting and dispositive power over
the shares of Common Stock listed as beneficially owned by Management. Filimonov
and Sogoloff each disclaims beneficial ownership of the shares of Common Stock
listed as beneficially owned by Management or any other person reporting on this
Schedule.
Item 5. Ownership of Five Percent or Less of a Class:
Not applicable
Item 6. Ownership of More Than Five Percent on Behalf of Another
Person:
Not applicable
Schedule 13G
CUSIP NO. 92532L 20 6 PAGE 8 OF 10 PAGES
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 each signatory certifies that, to the best of its 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.
Exhibits:
Exhibit I: Joint Filing Agreement, dated as of August 2, 2002, by and among
Alexandra, Management, Filimonov and Sogoloff.
Schedule 13G
CUSIP NO. 92532L 20 6 PAGE 9 OF 10 PAGES
SIGNATURE
By signing below each signatory certifies that, to the best of its
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.
ALEXANDRA GLOBAL INVESTMENT FUND I, LTD.
By: ALEXANDRA INVESTMENT MANAGEMENT, LLC,
Investment Advisor
By: /s/ Mikhail A. Filimonov
----------------------------
Mikhail A. Filimonov
Title: Managing Member
ALEXANDRA INVESTMENT MANAGEMENT, LLC
By: /s/ Mikhail A. Filimonov
----------------------------
Mikhail A. Filimonov
Title: Managing Member
/s/ Mikhail A. Filimonov
----------------------------
Mikhail A. Filimonov
/s/ Dimitri Sogoloff
----------------------------
Dimitri Sogoloff
Schedule 13G
CUSIP NO. 92532L 20 6 PAGE 10 OF 10 PAGES
Exhibit I
JOINT FILING AGREEMENT
This will confirm the agreement by and among the undersigned that the
Schedule 13G filed with the Securities and Exchange Commission on or about the
date hereof with respect to the beneficial ownership by the undersigned of the
Common Stock, $0.01 par value, of Verticalnet, Inc., a Pennsylvania corporation,
is being filed, and all amendments thereto will be filed, on behalf of each of
the persons and entities named below in accordance with Rule 13d-1(k) under the
Securities Exchange Act of 1934, as amended. This Agreement may be executed in
two or more counterparts, each of which shall be deemed an original, but all of
which together shall constitute one and the same instrument.
Dated as of August 2, 2002
ALEXANDRA GLOBAL INVESTMENT FUND I, LTD.
By: ALEXANDRA INVESTMENT MANAGEMENT, LLC,
Investment Advisor
By: /s/ Mikhail A. Filimonov
----------------------------
Mikhail A. Filimonov
Title: Managing Member
ALEXANDRA INVESTMENT MANAGEMENT, LLC
By: /s/ Mikhail A. Filimonov
----------------------------
Mikhail A. Filimonov
Title: Managing Member
/s/ Mikhail A. Filimonov
----------------------------
Mikhail A. Filimonov
/s/ Dimitri Sogoloff
----------------------------
Dimitri Sogoloff