SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No.1)*
E-LOAN, INC.
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(Name of Issuer)
Common Stock, par value $0.001 per share
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(Title of Class of Securities)
26861P 10 7
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(CUSIP Number)
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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
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).
Page 1 of 10 pages
<PAGE>
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CUSIP NO. 26861P 10 7
- ---------------------
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
SOFTBANK America Inc. (IRS#: N/A)
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [X]
(b) [ ]
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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 5,437,797
EACH -----------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON 0
WITH -----------------------------------------------------
8. SHARED DISPOSITIVE POWER
5,437,797
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
5,437,797
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES
[ ]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
12.9%
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12. TYPE OF REPORTING PERSON
CO
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Page 2 of 10 pages
<PAGE>
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CUSIP NO. 26861P 10 7
- ---------------------
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
SOFTBANK Holdings Inc. (IRS#: N/A)
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
5. SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 5,437,797
EACH -----------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON 0
WITH -----------------------------------------------------
8. SHARED DISPOSITIVE POWER
5,437,797
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
5,437,797
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES
[ ]
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
12.9%
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12. TYPE OF REPORTING PERSON
HC, CO
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Page 3 of 10 pages
<PAGE>
- ---------------------
CUSIP NO. 26861P 10 7
- ---------------------
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
SOFTBANK Corp. (IRS#: N/A)
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
Japan
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5. SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 5,437,797
EACH -----------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON 0
WITH -----------------------------------------------------
8. SHARED DISPOSITIVE POWER
5,437,797
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
5,437,797
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES
[ ]
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
12.9%
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12. TYPE OF REPORTING PERSON
HC, CO
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Page 4 of 10 pages
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CUSIP NO. 26861P 10 7
- ---------------------
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Masayoshi Son (IRS#: N/A)
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [X]
(b) [ ]
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Japan
- --------------------------------------------------------------------------------
5. SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 5,437,797
EACH -----------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON 0
WITH -----------------------------------------------------
8. SHARED DISPOSITIVE POWER
5,437,797
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
5,437,797
- --------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES
[ ]
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
12.9%
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12. TYPE OF REPORTING PERSON
IN
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Page 5 of 10 pages
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CUSIP NO. 26861P 10 7
This Amendment No. 1 to Schedule 13G amends and supplements the
statement on Schedule 13G previously filed by SOFTBANK America Inc. ("SB
America"), SOFTBANK Holdings Inc. ("SBH"), SOFTBANK Corp. ("SOFTBANK") and
Masayoshi Son ("Mr. Son") with the Securities and Exchange Commission. Except as
amended and supplemented herein, that statement on Schedule 13G remains in full
force and effect.
ITEM 2. (a) Name of Person Filing:
SOFTBANK America Inc. ("SB America")
SOFTBANK Holdings Inc. ("SBH")
SOFTBANK Corp. ("SOFTBANK")
Masayoshi Son
SB America holds 3,514,776 shares of Common Stock of the Issuer. In
addition, SOFTBANK Technology Ventures IV, L.P. ("STV IV") holds 1,886,871
shares of Common Stock of the Issuer, and SOFTBANK Technology Advisors Fund,
L.P. ("STAF") holds 36,150 shares of Common Stock of the Issuer. STV IV and STAF
are limited partnerships the general partner of which is STV IV LLC. As general
partner, STV IV LLC has voting power and investment power over securities held
by STV IV and STAF. SB America has a 50% interest in STV IV LLC. Accordingly,
securities held by STV IV and STAF may be deemed to be beneficially owned by SB
America. SB America is a wholly-owned subsidiary of SBH, which in turn is a
wholly-owned subsidiary of SOFTBANK. Mr. Son is the Chief Executive Officer of
SOFTBANK and has an approximately 38% interest in SOFTBANK. Accordingly,
securities owned by SB America may be deemed to be beneficially owned by SBH;
securities owned by SBH may be deemed beneficially owned by SOFTBANK; and
securities owned by SOFTBANK may be deemed beneficially owned by Mr. Son.
ITEM 4. OWNERSHIP
(a) Amount Beneficially Owned: 5,437,797
(b) Percent of Class: 12.9%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
0
(ii) shared power to vote or to direct the
vote:
5,437,797
Page 6 of 10 pages
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(iii) sole power to dispose or direct the
disposition of:
0
(iv) shared power to dispose or direct the
disposition of:
5,437,797
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBER OF THE
GROUP
See Exhibit C for the identity of each member of the group filing this
statement.
ITEM 10. CERTIFICATION
By signing below I certify that, to the best of my 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.
Page 7 of 10 pages
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SIGNATURES
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.
May 5, 2000
SOFTBANK AMERICA INC.
By: /s/ Ronald D. Fisher
---------------------
Ronald D. Fisher, Vice Chairman
SOFTBANK HOLDINGS INC.
By: /s/ Stephen A. Grant
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Stephen A. Grant, Secretary
SOFTBANK CORPORATION
By: /s/ Stephen A. Grant
---------------------
Stephen A. Grant, Attorney-in-Fact
MASAYOSHI SON
By: /s/ Stephen A. Grant
---------------------
Stephen A. Grant, Attorney-in-Fact
Page 8 of 10 pages
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EXHIBIT INDEX
Exhibit Description
-----------------------------
Exhibit A Agreement of Joint Filing (incorporated by
reference to Exhibit A to the Statement on
Schedule 13G filed by SOFTBANK America
Inc., SOFTBANK Holdings Inc., SOFTBANK
Corp. and Mr. Masayoshi Son on February
14, 2000 with respect to E-Loan, Inc.).
Exhibit B Power of Attorney (incorporated by
reference to Exhibit 24 to the Statement
on Schedule 13G filed by SOFTBANK, Mr. Son
and SOFTBANK Ventures, Inc. on February
18, 1998 with respect to Concentric
Network Corporation).
Exhibit C Identity of members of group filing this
statement pursuant to Rule 240.13d-1(c)
Page 9 of 10
EXHIBIT C
IDENTITY OF MEMBERS OF GROUP
The following are the members of the group filing this statement
pursuant to Rule 240.13d-1(c):
SOFTBANK America Inc.
SOFTBANK Holdings Inc.
SOFTBANK Corp.
Masayoshi Son
Page 10 of 10
