SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE TO
(RULE 14D-100)
TENDER OFFER STATEMENT UNDER SECTION 14(D)(1) OR 13(E)(1)
OF THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
XANTHUS FUND, L.L.C.
(Name of Issuer)
XANTHUS FUND, L.L.C.
(Name of Person(s) Filing Statement)
LIMITED LIABILITY COMPANY INTERESTS
(Title of Class of Securities)
N/A
(CUSIP Number of Class of Securities)
Howard M. Singer
Xanthus Fund, L.L.C.
One World Financial Center
200 Liberty Street
31st Floor
New York, New York 10281
(212) 667-4225
(Name, Address and Telephone Number of Person Authorized to Receive
Notices and Communications on Behalf of the Person(s) Filing Statement)
With a copy to:
Kenneth S. Gerstein, Esq.
Schulte Roth & Zabel LLP
900 Third Avenue
New York, New York 10022
(212) 756-2533
June 2, 2000
(Date Tender Offer First Published,
Sent or Given to Security Holders)
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CALCULATION OF FILING FEE
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Transaction Valuation: $50,000,000(a) Amount of Filing Fee: $10,000(b)
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(a) Calculated as the aggregate maximum purchase price for Interests.
(b) Calculated at 1/50th of 1% of the Transaction Valuation.
[ ] Check the box if any part of the fee is offset as provided by Rule
0-1l(a)(2) and identify the filing with which the offsetting fee was
previously paid. Identify the previous filing by registration statement
number, or the Form or Schedule and the date of its filing.
Amount Previously Paid: ________________________
Form or Registration No.: ________________________
Filing Party: __________________________________
Date Filed: ___________________________________
[ ] Check the box if the filing relates solely to preliminary communications
made before the commencement of a tender offer.
Check the appropriate boxes below to designate any transactions to which the
statement relates:
[ ] third-party tender offer subject to Rule 14d-1.
[X] issuer tender offer subject to Rule 13e-4.
[ ] going-private transaction subject to Rule 13e-3.
[ ] amendment to Schedule 13D under Rule 13d-2.
Check the following box if the filing is a final amendment reporting the results
of the tender offer: [ ]
INTRODUCTORY STATEMENT
This Amendment No. 1 to Schedule TO amends and supplements the Schedule TO
previously filed on June 5, 2000, relating to an offer ("Offer") by Xanthus
Fund, L.L.C. (the "Fund") to purchase for cash, on the terms and subject to the
conditions set forth in its Offer to Purchase dated June 2, 2000, (the "Offer to
Purchase"), and the related Letter of Transmittal ("Letter of Transmittal"),
50,000,000 limited liability company interests (the "Interests"), of the Fund.
The information in the Offer to Purchase and Letter of Transmittal including all
schedules and annexes thereto, is hereby incorporated by reference in response
to all the items of this Schedule TO, except as otherwise set forth below:
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ITEM 4. TERMS OF THIS TENDER OFFER.
The disclosures contained in Section 2 of the Offer to Purchase entitled
"Offer to Purchase and Price" are being amended to correct the Unaudited Net
Asset Values as of April 28, 2000 for closing dates June 1, 1999, July 1, 1999
and August 1, 1999. A copy of the disclosures being sent to investors is
attached hereto as exhibit B-1 and is hereby incorporated by reference.
ITEM 12. EXHIBITS.
The following is attached as an additional exhibit to this Schedule TO:
B-1 Letter to Members in connection with the corrected disclosures to the
Offer to Purchase.
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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.
XANTHUS FUND, L.L.C.
By: Board of Managers
By: /s/ HOWARD M. SINGER
-----------------------------
Name: Howard M. Singer
Title: Manager
June 9, 2000
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