Prospectus Supplement No. 2 Filed Pursuant To Rule 424(b)(3)
To Prospectus Dated November 17, 1999 Registration No. 333-90011
C-COR.net CORP.
3,589,604 Shares of Common Stock
(1,794,802 Pre-Stock Split)
This Prospectus Supplement supplements information contained in that
certain Prospectus of C-COR.net Corp. (the "Company") dated November 17, 1999,
as supplemented by Prospectus Supplement No. 1 dated December 3, 1999
(collectively, the "Prospectus") relating to the resale by the selling
shareholders listed therein of shares of Common Stock, par value of $0.10 per
share (the "Common Stock"), of the Company. This Prospectus Supplement is not
complete without, and may not be delivered or utilized except in connection
with, the Prospectus, including any amendments or supplements thereto. All
capitalized terms used but not defined in this Prospectus Supplement shall have
the meanings given them in the Prospectus.
On December 8, 1999, the Company announced that its board of directors
declared a two-for-one stock split of its Common Stock (the "Stock Split"). On
January 6, 2000, shareholders of the Company received one additional share for
every share that they owned of record on December 22, 1999. As a result of the
Stock Split, the par value per share of the Common Stock was reduced from $0.10
to $0.05. The section entitled "Selling Shareholders" beginning on page 13 of
the Prospectus is hereby amended and restated in its entirety by the information
set forth below.
SELLING SHAREHOLDERS
The table below sets forth information regarding our common stock which has
been issued or is issuable to the selling shareholders as of January 11, 2000
and assumes that each selling shareholder listed below continues to own the
number of shares (and has not purchased any additional shares) which each
selling shareholder owned on November 17, 1999. The following table assumes that
the selling shareholders sell all of the shares offered by this prospectus. The
securities to be sold include shares of common stock which were issued or are
issuable upon the exercise of warrants owned by the selling shareholders, which
warrants were acquired by selling shareholders from Silicon Valley
Communications and converted by us into warrants to acquire our common stock in
connection with our acquisition of Silicon Valley Communications. In addition,
the following table shows the number of shares beneficially owned after taking
into effect the two-for-one stock split (the "Stock Split"). Pursuant to the
Stock Split, on January 6, 2000 shareholders received one additional share of
our common stock for every share that they owned of record as of December 22,
1999. We are unable to determine the exact number of shares that have actually
been sold or will be sold.
We have filed with the Commission, under the Securities Act of 1933, as
amended (the "Securities Act"), a registration statement on Form S-3, of which
this prospectus forms a part, with respect to the resale of the securities from
time to time on The Nasdaq National Market or in privately negotiated
transactions and have agreed to keep the registration statement effective until
the securities are no longer required to be registered for the sale thereof by
the selling shareholders.
The table below assumes the exercise of all outstanding warrants owned by
the selling shareholders. The percentages, if any, were calculated based on
shares of common stock outstanding as of January 11, 2000 plus the shares issued
or issuable to the selling shareholders listed in this prospectus and includes
350,418 shares of common stock issuable to selling shareholders upon termination
of an escrow arrangement and 507,060 shares of common stock which were issued or
are issuable upon the exercise of outstanding warrants and options owned by the
selling shareholders.
<TABLE>
<CAPTION>
Securities Owned Securities Owned
Prior to Offering After Offering
--------------------------------------------- -----------------------------
Shares of Number of
Shares of Common Stock Percent of Shares of Percent of
Name of Selling Shareholder Common Stock Offered Hereby Common Stock Common Stock Common Stock
- --------------------------- ------------ -------------- ------------ ------------ ------------
<S> <C> <C> <C> <C> <C>
Mary Fong........................ 359,586 359,586 1.12% 0 *
Abraham Jou...................... 212,322 212,322 * 0 *
Ching Ho......................... 174,034 174,034 * 0 *
Yu Zheng......................... 2,598 2,598 * 0 *
Anthony Peter Fulford............ 236 236 * 0 *
Chander Malkani.................. 2,474 2,474 * 0 *
Jiaxiang Wang.................... 1,890 1,890 * 0 *
Tidetime Group Corporation....... 151,254 151,254 * 0 *
Beluga Capital Group Inc......... 189,068 189,068 * 0 *
Nelson Y.K. Yang................. 11,910 11,910 * 0 *
Chun-Meng Su..................... 1,264 1,264 * 0 *
Yong Hong (Jenny) Zhang.......... 94 94 * 0 *
Taiwan United Venture
Capital Corporation............ 108,714 108,714 * 0 *
Tsai Hsi Lin..................... 15,124 15,124 * 0 *
Kuo-Chi Chien.................... 598 598 * 0 *
James T. Chang................... 5,470 5,470 * 0 *
Benny Choo....................... 378 378 * 0 *
Hsi-wei Chao..................... 1,134 1,134 * 0 *
Chia Yu Lin...................... 1,062 1,062 * 0 *
Yu-Ching Pan..................... 412 412 * 0 *
Tju-Che Ching.................... 11,344 11,344 * 0 *
Lin Kuo-Ching.................... 9,074 9,074 * 0 *
Fred Yepez....................... 94 94 * 0 *
Chorng-Luh Hu.................... 5,672 5,672 * 0 *
Chuo-kee (Joe) Bo................ 254 254 * 0 *
Colman Chan...................... 590 590 * 0 *
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
Securities Owned Securities Owned
Prior to Offering After Offering
--------------------------------------------- -----------------------------
Shares of Number of
Shares of Common Stock Percent of Shares of Percent of
Name of Selling Shareholder Common Stock Offered Hereby Common Stock Common Stock Common Stock
- --------------------------- ------------ -------------- ------------ ------------ ------------
<S> <C> <C> <C> <C> <C>
Tammy L. Grist................... 472 472 * 0 *
Joie Houl........................ 944 944 * 0 *
Ken Kimura....................... 1,890 1,890 * 0 *
Robert Fields.................... 378 378 * 0 *
Chi-Lin Young.................... 756 756 * 0 *
Chien-Yee Cheng.................. 472 472 * 0 *
Yi-Qiang Li...................... 1,022 1,022 * 0 *
Keh-Lih Tzuoo.................... 1,418 1,418 * 0 *
Yuen-hsun Chou................... 4,254 4,254 * 0 *
Li-Chung Chen.................... 2,836 2,836 * 0 *
Gengxin Li....................... 1,418 1,418 * 0 *
Rodolfo R. Antiporda............. 1,102 1,102 * 0 *
Li-jie Deng...................... 756 756 * 0 *
Ranjit Mand...................... 74 74 * 0 *
Stephen Peng..................... 756 756 * 0 *
Ling-Hang Chen................... 566 566 * 0 *
Global Prince Inc................ 410,280 410,280 1.28% 0 *
Marlin Ltd....................... 107,136 107,136 * 0 *
Pogala Investment Co., Ltd....... 18,270 18,270 * 0 *
Regent Star Inc.................. 107,136 107,136 * 0 *
Jon M. Harb...................... 708 708 * 0 *
Eric Pearson..................... 7,090 7,090 * 0 *
Chinlon Lin...................... 1,260 1,260 * 0 *
Vinh Le.......................... 472 472 * 0 *
Thawin Cheeminissarakun.......... 149,362 149,362 * 0 *
Ming-Lieh (Ringo) Chang.......... 47,266 47,266 * 0 *
Lian-Tsai Jong................... 94,534 94,534 * 0 *
Somsi Srimanut................... 189,068 189,068 * 0 *
Wen-Lung Chung................... 47,266 47,266 * 0 *
Kou Tsun-Mei Chung............... 47,266 47,266 * 0 *
Chinatrust Venture Capital
Co., Ltd....................... 141,800 141,800 * 0 *
Pacific Venture Capital Co.,
Ltd............................ 141,800 141,800 * 0 *
Euroc II Venture Capital
Corp........................... 94,534 94,534 * 0 *
Concord Venture Capital.......... 47,266 47,266 * 0 *
Concord II Venture Capital....... 47,266 47,266 * 0 *
Ta Ya Electric Wire &
Cable Co., Ltd................. 94,534 94,534 * 0 *
First Taiwan Venture
Capital, Inc................... 47,266 47,266 * 0 *
Grand Cathay Venture
Capital Co., Ltd............... 47,266 47,266 * 0 *
David Bo Choo Kui................ 18,906 18,906 * 0 *
Hang-Chien Hsu................... 28,360 28,360 * 0 *
Seaquest Ventures Inc............ 11,344 11,344 * 0 *
Y. I. Hsu........................ 944 944 * 0 *
Mann-Li Jen...................... 1,418 1,418 * 0 *
Wu chun Liu...................... 2,836 2,836 * 0 *
Der Chang Yeh.................... 472 472 * 0 *
Steve Y. Wu...................... 1,418 1,418 * 0 *
Yee-Pine Fu...................... 472 472 * 0 *
Teddy Tam........................ 2,836 2,836 * 0 *
Tsung Jen Chiu................... 11,816 11,816 * 0 *
Wen Hua Wang..................... 11,816 11,816 * 0 *
Tyng Guey Wang................... 11,816 11,816 * 0 *
Mun Yee Kwok..................... 11,816 11,816 * 0 *
China Investment &
Development Company,
Limited........................ 47,266 47,266 * 0 *
Dupree Chia...................... 9,452 9,452 * 0 *
Chi-Lien Wang.................... 14,180 14,180 * 0 *
Merry Electronics Co., Ltd....... 56,720 56,720 * 0 *
Grand Pacific Investment
& Development Co., LTD......... 94,534 94,534 * 0 *
Kwei-Sus Hsu..................... 20,372 20,372 * 0 *
Edward Feghali................... 5,612 5,612 * 0 *
Tzong-Jiang...................... 1,134 1,134 * 0 *
Eduardo Ho....................... 2,836 2,836 * 0 *
Shu-Jen Jou...................... 3,780 3,780 * 0 *
Vivian Ho........................ 8,318 8,318 * 0 *
Thai Wonderful Cable
& Wire Co. Ltd................. 9,566 9,566 * 0 *
Far East National Bank........... 7,562 7,562 * 0 *
GBC Venture Capital, Inc......... 17,392 17,392 * 0 *
________________________
<FN>
* Less than one percent.
</FN>
</TABLE>
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AN INVESTMENT IN THE SHARES OFFERED HEREBY INVOLVES A HIGH DEGREE OF RISK.
SEE "RISK FACTORS" BEGINNING ON PAGE 4 OF THE PROSPECTUS.
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NEITHER THE SECURITIES AND EXCHANGE COMMISSION NOR ANY STATE SECURITIES
COMMISSION HAS APPROVED OR DISAPPROVED OF THESE SECURITIES OR PASSED UPON THE
ACCURACY OR ADEQUACY OF THE PROSPECTUS OR THIS PROSPECTUS SUPPLEMENT. ANY
REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.
The date of this Prospectus Supplement is January 18, 2000.
