SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Amendment No. 1
to
SCHEDULE 13D
Under the Securities Exchange Act of 1934
LookSmart, Ltd.
----------------
(Name of Issuer)
Common Stock, par value $.001 per share
(Title of Class of Securities)
543442 10 7
---------------
(CUSIP Number)
Andrew A. Merdek, Esq.
Cox LOOK, Inc.
1400 Lake Hearn Drive, N.E., Atlanta, Georgia 30319; (404) 843-5000
-------------------------------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
December 31, 1999
-----------------------------------------------------
(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 which is the subject of this Schedule 13D, and is filing
this statement because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the
following box ~.
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 or otherwise subject to the liabilities of that section of the
Exchange Act but shall be subject to all other provisions of the Act (however,
see the Notes).
<PAGE>
SCHEDULE 13D
- ----------------------------------------- ----------- --------------------------
CUSIP No. 543442 10 7 Page 1 of 10
- ----------------------------------------- ----------- --------------------------
- -------------------- -----------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF
ABOVE PERSON
Cox LOOK, Inc.
- -------------------- -----------------------------------------------------------
- -------------------- -----------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)[ ]
(b)[X]
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- -------------------- -----------------------------------------------------------
3 SEC USE ONLY
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- -------------------- -----------------------------------------------------------
4 SOURCE OF FUNDS OO; See Item 3.
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- -------------------- -----------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or
2(e)_____ Not Applicable
- -------------------- -----------------------------------------------------------
- -------------------- -----------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION Nevada
- -------------------- -----------------------------------------------------------
- ------------------------------- ------------- ----------------------------------
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH 7 SOLE VOTING POWER -0-
- ------------------------------- ------------- ----------------------------------
- ------------------------------- ------------- ----------------------------------
8 SHARED VOTING POWER 18,987,801
- ------------------------------- ------------- ----------------------------------
- ------------------------------- ------------- ----------------------------------
9 SOLE DISPOSITIVE POWER -0-
- ------------------------------- ------------- ----------------------------------
- ------------------------------- ------------- ----------------------------------
10 SHARED DISPOSITIVE
POWER 18,987,801
- ------------------------------- ------------- ----------------------------------
- -------------------- -----------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON 18,987,801
- -------------------- -----------------------------------------------------------
- -------------------- -----------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
- -------------------- -----------------------------------------------------------
- -------------------- -----------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 21.81%
- -------------------- -----------------------------------------------------------
- -------------------- -----------------------------------------------------------
14 TYPE OF REPORTING PERSON CO; See Item 2.
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<PAGE>
SCHEDULE 13D
- ----------------------------------------- ----------- --------------------------
CUSIP No. 543442 10 7 Page 2 of 10
- ----------------------------------------- ----------- --------------------------
- -------------------- -----------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF
ABOVE PERSON Cox Interactive Media, Inc.
- -------------------- -----------------------------------------------------------
- -------------------- -----------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
- -------------------- -----------------------------------------------------------
- -------------------- -----------------------------------------------------------
3 SEC USE ONLY
- -------------------- -----------------------------------------------------------
- -------------------- -----------------------------------------------------------
4 SOURCE OF FUNDS AF; See Item 3.
- -------------------- -----------------------------------------------------------
- -------------------- -----------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or
2(e)_____ Not Applicable
- -------------------- -----------------------------------------------------------
- -------------------- -----------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
-----------------------------------------------------------
- ------------------------------- ------------- ----------------------------------
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH 7 SOLE VOTING RIGHTS -0-
------------- ----------------------------------
------------- ----------------------------------
8 SHARED VOTING POWER 18,987,801
------------- ----------------------------------
------------- ----------------------------------
9 SOLE DISPOSITIVE POWER -0-
------------- ----------------------------------
------------- ----------------------------------
10 SHARED DISPOSITIVE POWER
18,987,801
------------- ----------------------------------
- -------------------- -----------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON 18,987,801
- -------------------- -----------------------------------------------------------
- -------------------- -----------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
- -------------------- -----------------------------------------------------------
- -------------------- -----------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 21.81%
- -------------------- -----------------------------------------------------------
- -------------------- -----------------------------------------------------------
14 TYPE OF REPORTING PERSON CO; See Item 2.
- -------------------- -----------------------------------------------------------
<PAGE>
SCHEDULE 13D
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CUSIP No. 543442 10 7 Page 3 of 10
- ----------------------------------------- ----------- --------------------------
- -------------------- -----------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF
ABOVE PERSON Cox Enterprises, Inc.
- -------------------- -----------------------------------------------------------
- -------------------- -----------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [X]
- -------------------- -----------------------------------------------------------
- -------------------- -----------------------------------------------------------
3 SEC USE ONLY
- -------------------- -----------------------------------------------------------
- -------------------- -----------------------------------------------------------
4 SOURCE OF FUNDS AF
- -------------------- -----------------------------------------------------------
- -------------------- -----------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e)____ Not Applicable
- -------------------- -----------------------------------------------------------
- -------------------- -----------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
- -------------------- -----------------------------------------------------------
- ------------------------------- ------------ -----------------------------------
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH 7 SOLE VOTING POWER -0-
- ------------------------------- ------------ -----------------------------------
- ------------------------------- ------------ -----------------------------------
8 SHARED VOTING POWER 18,987,801
- ------------------------------- ------------ -----------------------------------
- ------------------------------- ------------ -----------------------------------
9 SOLE DISPOSITIVE POWER -0-
- ------------------------------- ------------ -----------------------------------
- ------------------------------- ------------ ----------------------- -----------
10 SHARED DISPOSITIVE POWER
18,987,801
- ------------------------------- ------------ -----------------------------------
- -------------------- -----------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
18,987,801
- -------------------- -----------------------------------------------------------
- -------------------- -----------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
- -------------------- -----------------------------------------------------------
- -------------------- -----------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 21.81%
- -------------------- -----------------------------------------------------------
- -------------------- -----------------------------------------------------------
14 TYPE OF REPORTING PERSON CO; See Item 2.
- -------------------- -----------------------------------------------------------
<PAGE>
SCHEDULE 13D
- ----------------------------------------- ----------- --------------------------
CUSIP No. 543442 10 7 Page 4 of 10
- ----------------------------------------- ----------- --------------------------
- ---------------- ---------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF
ABOVE PERSON
Barbara Cox Anthony
- ---------------- ---------------------------------------------------------------
- ---------------- ---------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)[ ]
(b)[X]
- ---------------- ---------------------------------------------------------------
- ---------------- ---------------------------------------------------------------
3 SEC USE ONLY
- ---------------- ---------------------------------------------------------------
- ---------------- ---------------------------------------------------------------
4 SOURCE OF FUNDS AF
- ---------------- ---------------------------------------------------------------
- ---------------- ---------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e)_____ Not Applicable
- ---------------- ---------------------------------------------------------------
- ---------------- ---------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION U.S.A.
- ---------------- ---------------------------------------------------------------
- ------------------------------- ------------- ----------------------------------
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH 7 SOLE VOTING POWER -0-
- ------------------------------- ------------- ----------------------------------
- ------------------------------- ------------- ----------------------------------
8 SHARED VOTING POWER 18,987,801
- ------------------------------- ------------- ----------------------------------
- ------------------------------- ------------- ----------------------------------
9 SOLE DISPOSITIVE POWER -0-
- ------------------------------- ------------- ----------------------------------
- ------------------------------- ------------- ----------------------------------
10 SHARED DISPOSITIVE POWER
18,987,801
- ------------------------------- ------------- ----------------------------------
- ---------------- ---------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
18,987,801
- ---------------- ---------------------------------------------------------------
- ---------------- ---------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
- ---------------- ---------------------------------------------------------------
- ---------------- ---------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 21.81%
- ---------------- ---------------------------------------------------------------
- ---------------- ---------------------------------------------------------------
14 TYPE OF REPORTING PERSON OO; See Item 2.
- ---------------- ---------------------------------------------------------------
<PAGE>
SCHEDULE 13D
- ----------------------------------------- ----------- --------------------------
CUSIP No. 543442 10 7 Page 5 of 10
- ----------------------------------------- ----------- --------------------------
- -------------------- -----------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF
ABOVE PERSON
Anne Cox Chambers
- -------------------- -----------------------------------------------------------
- -------------------- -----------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)[ ]
(b)[X]
- -------------------- -----------------------------------------------------------
- -------------------- -----------------------------------------------------------
3 SEC USE ONLY
- -------------------- -----------------------------------------------------------
- -------------------- -----------------------------------------------------------
4 SOURCE OF FUNDS AF
- -------------------- -----------------------------------------------------------
- -------------------- -----------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e)_____ Not Applicable
- -------------------- -----------------------------------------------------------
- -------------------- -----------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION U.S.A.
- -------------------- -----------------------------------------------------------
- ------------------------------- ------------- ----------------------------------
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH 7 SOLE VOTING POWER -0-
- ------------------------------- ------------- ----------------------------------
- ------------------------------- ------------- ----------------------------------
8 SHARED VOTING POWER 18,987,801
- ------------------------------- ------------- ----------------------------------
- ------------------------------- ------------- ----------------------------------
9 SOLE DISPOSITIVE POWER -0-
- ------------------------------- ------------- ----------------------------------
- ------------------------------- ------------- ----------------------------------
10 SHARED DISPOSITIVE POWER
18,987,801
- ------------------------------- ------------- ----------------------------------
- -------------------- -----------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
18,987,801
- -------------------- -----------------------------------------------------------
- -------------------- -----------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES
- -------------------- -----------------------------------------------------------
- -------------------- -----------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 21.81%
- -------------------- -----------------------------------------------------------
- -------------------- -----------------------------------------------------------
14 TYPE OF REPORTING PERSON OO; See Item 2.
- -------------------- -----------------------------------------------------------
<PAGE>
The summary descriptions contained in this report of certain agreements
and documents are qualified in their entirety by reference to the complete texts
of such agreements and documents filed as Exhibits hereto and incorporated
herein by reference.
Item 1. Security and Issuer.
This Report on Schedule 13D relates to the Common Stock, par
value $.001 per share (the "Common Stock"), of Look Smart, Ltd., a Delaware
corporation (the "Company"). The Company's principal executive offices are
located at 487 Bryant Street, San Francisco, California 94107-1316.
Item 2. Identity and Background.
This report is being filed jointly by Cox LOOK, Inc. ("CLI"),
Cox Interactive Media, Inc. ("CIM"), Cox Enterprises, Inc. ("CEI"), Barbara
Cox Anthony and Anne Cox Chambers. CLI is incorporated in the State of Nevada
and CIM and CEI are incorporated in the State of Delaware. CLI is a wholly
owned subsidiary of CIM whose sole asset consists of Common Stock of the
Company. CIM operates a network of local city-oriented Internet websites. The
principal businesses of CEI are publishing, cable television, broadcasting and
automobile auctions. The principal office and business address of (1) CLI is
3773 Howard Hughes Pkwy., Suite 300N, Las Vegas, Nevada 89109; (2) CIM is 530
Means St., N.W., Suite 200, Atlanta, GA 30318; and (3) CEI is 1400 Lake Hearn
Drive, N.E., Atlanta, Georgia 30319. The principal residence address of Mrs.
Anthony is 3944 Noela Place, Honolulu, Hawaii 96815, and the principal
residence address of Mrs. Chambers is 426 West Paces Ferry Road, N.W.,
Atlanta, Georgia 30305.
CLI is a wholly owned subsidiary of CIM, which is a wholly
owned subsidiary of CEI. There are 607,634,354 shares of common stock of CEI
outstanding, with respect to which: (i) Barbara Cox Anthony, as trustee of the
Anne Cox Chambers Atlanta Trust, exercises beneficial ownership over 174,949,266
shares (28.8%); (ii) Anne Cox Chambers, as trustee of the Barbara Cox Anthony
Atlanta Trust, exercises beneficial ownership over 174,949,266 shares (28.8%);
(iii) Barbara Cox Anthony, Anne Cox Chambers and Richard L. Braunstein, as
trustees of the Dayton Cox Trust A, exercise beneficial ownership over
248,237,055 shares (40.9%); and (iv) 265 individuals and trusts exercise
beneficial ownership over the remaining 9,498,767 shares (1.6%). Thus, Barbara
Cox Anthony and Anne Cox Chambers, who are sisters, together exercise beneficial
ownership over 598,135,587 shares (98.4%) of the common stock of CEI. In
addition, Garner Anthony, the husband of Barbara Cox Anthony, holds beneficially
and of record 43,734 shares of common stock of CEI. Barbara Cox Anthony
disclaims beneficial ownership of such shares. Therefore, each of CIM, CEI, Anne
Cox Chambers and Barbara Cox Anthony may also be deemed to be beneficial owners
of the securities reported herein.
The following information concerning the directors and
executive officers of CLI, CIM, CEI, Anne Cox Chambers and Barbara Cox Anthony
is set forth on Exhibit 99.1:
(i) name;
(ii) residence or business address; and
<PAGE>
(iii) present principal occupation or employment and the name,
principal business and address of any corporation or other
organization in which such employment is conducted.
During the last five years, to the best knowledge of the
persons filing this report, none of CLI, CIM, CEI, any of their respective
executive officers or directors, Barbara Cox Anthony or Anne Cox Chambers have
been convicted in any criminal proceedings (excluding traffic violations and
similar misdemeanors).
During the last five years, to the best knowledge of the
persons filing this report, none of CLI, CIM, CEI, any of their respective
executive officers or directors, Barbara Cox Anthony or Anne Cox Chambers have
been a party to any civil proceeding of a judicial or administrative body of
competent jurisdiction as the result of which it, he or she was or is subject to
any judgment, decree or final order enjoining future violations of, or
prohibiting or mandating activities subject to, federal or state securities laws
or finding any violation with respect to such laws.
To the best knowledge of the persons filing this report, all
of the individuals listed on Exhibit 99.1 are citizens of the United States of
America.
Item 3. Source and Amount of Funds or Other Consideration.
Pursuant to the Series A and Series B Preferred Stock Purchase
Agreement, dated May 7, 1998, between the Company and the other signatories
thereto, CIM acquired 2,387,958 shares of the Company's Series B Preferred Stock
(the "Series B Preferred Stock") at a purchase price of $2.5147 per share. The
Series B Preferred Stock automatically converted into 14,327,748 shares of
Common Stock upon the completion of the Company's initial public offering on
August 19, 1999.
Pursuant to a Development, Licensing and Affiliation Agreement
(the "Development Agreement"), dated May 7, 1998, between the Company and CIM,
the Company issued to CIM a warrant to purchase 1,500,000 shares of the
Company's Common Stock at an exercise price of $2.50 per share and with an
expiration date of May 7, 2003. Under the Development Agreement, the Company
licenses to CIM the LookSmart Search Engine, the LookSmart Category Search, the
LookSmart Tools and the Applicable Marks (all as defined in the Development
Agreement, Exhibit 99.5 to this report) and CIM licenses to the Company the
Local Database, the Local Ontologies and the Applicable Marks (all as defined in
the Development Agreement, Exhibit 99.5 to this report). CIM has not yet
exercised this warrant.
Pursuant to the Series C Preferred Stock Purchase Agreement,
dated March 24, 1999, between the Company and the other signatories thereto (the
"Series C Preferred Stock Purchase Agreement"), CIM acquired 1,606,702 shares of
the Company's Series C Preferred Stock (the "Series C Preferred Stock") at a
purchase price of $7.50 per share. The Series C Preferred Stock automatically
converted into 2,410,053 shares of Common Stock upon the completion of the
Company's initial public offering on August 19, 1999.
<PAGE>
Pursuant to a Stock Purchase Agreement, dated April 16, 1999,
between Evan Thornley, Tracey Ellery (together with Evan Thornley, the founders
of the Company) and CIM, CIM acquired 750,000 shares of the Company's Common
Stock for an aggregate purchase price of $3,750,000.
All of CIM's purchases of the Company's Series B Preferred
Stock, Series C Preferred Stock and Common Stock described above were made from
CIM's working capital.
On December 31, 1999, CIM transferred 17,487,801 shares of the
Company's Common Stock and a warrant to purchase 1,500,000 shares of the
Company's Common Stock to CLI.
Item 4. Purpose of Transaction.
CIM purchased the Series B Preferred Stock, the Series C
Preferred Stock and its Common Stock and entered into the Development Agreement
for the purpose of forming a strategic alliance with the Company and to
establish a nationally-distributed local website navigation service.
CIM transferred 17,487,801 shares of the Company's Common
Stock and a warrant to purchase 1,500,000 shares of the Company's Common Stock
to CLI as part of an administrative internal reorganization of its
Internet-related investment holdings.
Except as set forth in this Report, none of CLI, CIM, CEI,
Mrs. Chambers and Mrs. Anthony and to the best of CIM's or CEI's knowledge, none
of their respective executive officers or directors has any current plans or
proposals which relate to or would result in any of the transactions described
in subparagraphs (a) through (j) of Item 4.
Item 5. Interest in Securities of Issuer.
(a) Under the Securities and Exchange Act of 1934, as amended,
and the rules and regulations promulgated thereunder, CLI has, and CIM, CEI,
Mrs. Chambers and Mrs. Anthony may be deemed to have, beneficial ownership over
18,887,801 shares of Common Stock. These shares represent approximately 21.81%
of the currently issued and outstanding shares of Common Stock of the Company.
(b) The number of shares of Common Stock beneficially owned:
(i) with respect to which there is sole voting power is 0; (ii) with respect to
which there is shared voting power is 18,987,801, (iii) with respect to which
there is sole dispositive power is 0, and with respect to which there is shared
dispositive power is 18,987,801.
(c) Except as described in item 3, none of CLI, CIM, CEI, Mrs.
Chambers and Mrs. Anthony have engaged in any transaction in the Common Stock
that was effected since December 31, 1999.
<PAGE>
(d) There is no person that has the right to receive or the
power to direct the receipt of dividends from, or the proceeds from the sale of,
the shares of Common Stock beneficially owned by CLI or deemed to be
beneficially owned by CIM, CEI, Mrs. Chambers and Mrs. Anthony.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships With
Respect to Securities of the Issuer.
The information reported in Item 3 regarding the Development
Agreement and the corresponding warrant issued to CIM is hereby incorporated by
reference.
CIM agreed with the underwriters of the Company's initial
public offering that during the period beginning on August 19, 1999 and
continuing and including the date that is 180 days after August 19, 1999, it
will not directly or indirectly offer, sell, offer to sell, contract to sell,
pledge, grant any option to purchase, make any short sale or otherwise dispose
of any shares of Common Stock of the Company or any options or warrants to
purchase any shares of Common Stock of the Company or any securities convertible
into, exchangeable for or that represent the right to receive shares of Common
Stock of the Company, whether now owned or hereinafter acquired, without the
prior written consent of Goldman, Sachs, & Co., subject to certain limited
exceptions involving transfers to affiliates.
In conjunction with the Series C Preferred Stock Purchase
Agreement, the Company, the holders of the Company's Series A preferred stock,
the Company's Series B preferred stock, the Company's Series C Preferred Stock
and the Company's Series 1 Junior preferred stock entered into the Second
Amended and Restated Investors' Rights Agreement, dated March 24,1999 (the
"Investors' Rights Agreement"). The Investors' Rights Agreement allows CLI,, as
a CIM transferree, to require the Company to register those shares under the
Securities Act of 1933, as amended (the "Securities Act"), six months after the
closing of the Company's initial public offering. The Company's obligation to
register these shares include the following:
o at any time after the earlier of November 7, 1999 and six
months following the Company's initial public offering, at
the request of the holders of at least 30% of the
outstanding shares of the registrable securities issued or
issuable upon conversion of the Company's Series B
preferred stock if the anticipated aggregate offering
price, net of underwriting discounts and commissions,
would exceed $3,000,000; provided, however, that the
Company is not required to effect more than two
registrations on behalf of the holders of the Series B
preferred stock; or
o at any time after six months following the Company's initial public
offering, at the request of the holders of at least 30% of the outstanding
shares of the registrable securities issued or issuable upon conversion of
the Series C preferred stock if the anticipated aggregate offering price,
net of underwriting discounts and commissions, would exceed $10,000,000;
provided, however,
<PAGE>
that the Company is not required to effect more than one registration on
behalf of the holders of the Series C preferred stock.
The holders of 20% of the Company's Registrable Securities (as
defined in the Investors' Rights Agreement) may also require the Company to
register all or a portion of their Registrable Securities on Form S-3 when the
Company is eligible to use such form, provided that the proposed aggregate price
to the public is at least $1,000,000.
Each of the foregoing registration rights is qualified by
conditions, including the right of the underwriters in any underwritten offering
to limit the number of shares to be included in a registration due to market or
other conditions.
Item 7. Material to be Filed as Exhibits.
Exhibit No. Title of Exhibit
*1 Joint Filing Agreement by and among Cox LOOK, Inc., Cox
Interactive Media, Inc., Cox Enterprises, Inc. Barbara Cox
Anthony and Anne Cox Chambers.
2 Joinder of Cox LOOK, Inc. to the Joint Filing Agreement by
and among Cox Interactive Media, Inc.,Cox Enterprises, Inc.,
Barbara Cox Anthony and Anne Cox Chambers.
99.1 Executive Officers and Directors of Cox Enterprises, Inc.,
Cox Interactive Media, Inc. and Cox LOOK, Inc.
*99.2 Second Amended and Restated Investors' Rights Agreement
dated March 24, 1999 (incorporated by reference to Exhibit
4.2 of LookSmart Ltd.'s Registration Statement on Form S-1,
SEC File No.
333-80581).
*99.3 Warrant issued by LookSmart, Ltd. to Cox Interactive Media,
Inc. for LookSmart Common Stock.
*99.4 Lock-Up Agreement between Cox Interactive Media, Inc. and
Goldman, Sachs & Co., BancBoston Robertson Stephens Inc. and
Hambrect & Quist LLC (as Representatives of the several
Underwriters) dated June 17, 1999.
*99.5 Development, Licensing and Affiliation Agreement between the
Company and Cox Interactive, Media, Inc., dated May 7, 1998
(incorporated by reference to Exhibit 10.8 of LookSmart
Ltd.'s Registration Statement on Form S-1, SEC File No.
333-80581).
- -----------
* Previously filed.
<PAGE>
SIGNATURE
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.
COX LOOK, INC.
Date: 03/20/00 By: /s/ Andrew A. Merdek
------------- ---------------------------
Name: Andrew A. Merdek
Title: Secretary
Exhibit 2
JOINDER TO THE JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934,
as amended, the undersigned hereby agrees to be added to the Joint Filing
Agreement, dated August 24, 1999, by and among Cox Enterprises, Inc., Cox
Interactive Media, Inc., Barbara Cox Anthony and Anne Cox Chambers for the joint
filing on behalf of each of them of a statement on Schedule 13D (including
amendments thereto) or any subsequent filings on Schedule 13G (including
amendments thereto) with respect to the Common Stock, par value $0.001 per
share, of LOOKSMART, LTD.
IN WITNESS WHEREOF, the undersigned hereby executes this Agreement as of
this 20th day of March, 2000.
COX LOOK, INC.
By: /s/ Andrew A. Merdek
-------------------------
Name: Andrew A. Medek
Title: Secretary
Exhibit 99.1
Cox Enterprises, Inc.
Executive Officers and Directors
<TABLE> <C> <C>
<S>
<C>
Name Position Principal Occupation
James C. Kennedy* Chairman & Chief Executive Officer Chairman & Chief Executive Officer
David E. Easterly* President & Chief Operating Officer President & Chief Operating Officer
Robert C. O'Leary* Executive Vice President & Chief Executive Vice President & Chief
Financial Officer Financial Officer
Timothy M. Hughes Senior Vice President, Administration Senior Vice President, Administration
Barbara C. Anthony* Vice President Chairman, Dayton Newspapers
Anne C. Chambers* Vice President Chairman, Atlanta Newspapers
Scott A. Hatfield Vice President & Chief Information Vice President & Chief Information
Officer Officer
Marybeth H. Leamer Vice President, Human Resources Vice President, Human Resources
Andrew A. Merdek Vice President, Legal Affairs & Vice President, Legal Affairs &
Secretary Secretary
Alexander V. Netchvolodoff Vice President, Public Policy Vice President, Public Policy
Richard J. Jacobson Vice President & Treasurer Vice President & Treasurer
Preston B. Barnett Vice President, Tax Vice President, Tax
Dean H. Eisner Vice President, Business Development Vice President, Business
and Planning Development and Planning
<PAGE>
Michael J. Mannheimer Vice President, Materials Management Vice President, Materials Management
John C. Williams Vice President, Marketing and Vice President, Marketing and
Communications Communications
Arthur M. Blank Director President and Chief Executive
Officer
The Home Depot, Inc.
Thomas O. Cordy Director President and Chief Executive Officer
The Maxxis Group, Inc.
Carl R. Gross Director Retired Senior Vice President and
Chief Administrative Officer
Ben F. Love Director Director
Chase Bank of Texas
Paul J. Rizzo Director Vice Chairman (retired 1/1/95) of
IBM Corporation
* Also a Director
<PAGE>
Cox Interactive Media, Inc.
Executive Officers and Directors
Name Position Principal Occupation
Peter M. Winter* President President
R. Scott Whiteside Vice President and Chief Operating Vice President and Chief Operating
Officer Officer
J. Lacey Lewis Vice President and Chief Financial Vice President and Chief Financial
Officer Officer
Keith L. Herndon Vice President, Planning and Product Vice President, Planning and Product
Development Development
Michael Q. Parker Vice President, Marketing Vice President, Marketing
David B. Hills Vice President, Sales Vice President, Sales
Hillary Goodall Vice President, Content Programming Vice President, Content Programming
Preston B. Barnett Vice President Vice President, Tax
Cox Enterprises, Inc.
Dean H. Eisner Vice President Vice President, Business Development
and Planning Cox Enterprises, Inc.
Steven N. Becker Group Vice President, Site Management Group Vice President, Site Management
Gary R. Mills Group Vice President, Site Management Group Vice President, Site Management
<PAGE>
Cox Interactive Media, Inc.
Executive Officers and Directors
Name Position Principal Occupation
Andrew A. Merdek Secretary Vice President, Legal Affairs &
Secretary
Cox Enterprises, Inc.
Richard J. Jacobson Treasurer Vice President & Treasurer, Cox
Enterprises, Inc.
David E. Easterly Director President & Chief Operating Officer
Cox Enterprises, Inc.
* Also a Director
<PAGE>
Cox LOOK, Inc.
Directors and Officers
Name Position Principal Occupation
Peter M. Winter* President President
Cox Interactive Media, Inc.
Andrew A. Merdek Secretary Vice President, Legal Affairs &
Secretary
Cox Enterprises, Inc.
Richard J. Jacobson* Treasurer Vice President & Treasurer
Cox Enterprises, Inc.
Richard Klumpp Director Manager
Financial Services
R. Scott Whiteside Vice President and Chief Operating Vice President and Chief Operating
Officer Officer
Cox Interactive Media, Inc.
J. Lacey Lewis Vice President and Chief Financial Vice President and Chief Financial
Officer Officer
Cox Interactive Media, Inc.
Preston B. Barnett Vice President Vice President
Dean H. Eisner Vice President Vice President
Keith L. Herndon Vice President, Planning and Product Vice President, Planning and Product
Development Development
Cindy Frisina Gray Vice President, Marketing Vice President, Marketing
David B. Hills Vice President, Sales Vice President, Sales
Hilary Goodall Vice President, Content Programming Vice President, Content Programming
Stephen N. Becker Group Vice President, Site Management Group Vice President, Site Management
Gary R. Mills Group Vice President, Site Management Group Vice President, Site Management
Michael Q. Parker Group Vice President, Site Management Group Vice President, Site Management
</TABLE>
* Also a Director.
