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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
CARESIDE, INC.
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(Name of Issuer)
Common Stock, $.01 Par Value
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(Title of Class of Securities)
141728 10 5
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(CUSIP Number)
Check the following box if a fee is being paid with this statement [ ].
(A fee is not required only if the filing person: (1) has a previous statement
on the file reporting beneficial ownership of more than five percent of the
class of securities described in Item 1; and (2) has no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing of 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).
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CUSIP NO. 141728 10 5 13G PAGE 2 OF 4 PAGES
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
SmithKline Beecham Corporation
23-1099050
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Pennsylvania
5 SOLE VOTING POWER
NUMBER OF 1,185,854
SHARES
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
EACH
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON 1,185,854
WITH
8 SHARED DISPOSITIVE POWER
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,185,854
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[x]*
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
13.0%
12 TYPE OF REPORTING PERSON*
CO
*Aggregate amount does not include securities held by Ms. Diana Mackie, an
employee of the Reporting Person and a Director of Careside, Inc., beneficial
ownership of which is disclaimed.
*SEE INSTRUCTION BEFORE FILLING OUT!
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CUSIP NO. 141728 10 5 13G PAGE 3 OF 4 PAGES
Item 1. (a) Name of Issuer:
(b) Address of Issuer's Principal Executive Offices:
Item 2. (a) Name of Person Filing:
(b) Address of Principal Business office:
(c) Citizenship:
(d) Title of Class of Securities:
(e) CUSIP Number:
Item 3. Not Applicable.
Item 4. Ownership.
The information in items 1 and 5 through 11 on the cover pages (page 2) on
Schedule 13G is hereby incorporated by reference.
Item 5. Ownership of Five Percent or Less of a Class:
If this statement is being filed to report the fact that as of the date hereof
the reporting person has ceased to be the beneficial owner of more than five
percent of the class of securities, check the following [ ].
On June 30, 2000, S.R. One, Limited ("SROne"), a wholly-owned subsidiary of
Reporting Person, exercised its right to convert 162,914 shares of Series A
Convertible Preferred stock ("Preferred Stock") into 162,914 shares of Common
Stock and 162,914 Warrants, each to purchase one share of Common Stock. On June
30, 2000, SROne also received 16,782 additional shares of Common Stock and
16,782 additional Warrants in respect of accrued and unpaid dividends on the
162,914 shares of Preferred Stock in the amount of $106,987.49.
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CUSIP NO. 141728 10 5 13G PAGE 4 OF 4 PAGES
This Amendment also reflects SROne's option to convert the remaining principal
and accrued interest on the $2 million bridge loan (the "Remaining Loan") into
shares of Preferred Stock at $6.375 per share. As of September 30, 2000, S.R.One
was entitled to 361,360 shares . Interest continues to accrue on the Remaining
Loan at a rate of 10% ($547.95/day).
Item 6. Ownership of More Than Five Percent on Behalf of Another Person:
Item 7. Identification and Classification of Subsidiaries Which Acquired the
Security Being Reported on by the Parent Holding Company:
Item 8. Identification and Classification of Members of the Group:
Item 9. Notice of Dissolution of Group:
Item 10. Certification:
By signing below I certify that, to the best of my knowledge and belief, the
securities referred to above were acquired and are not held for the purpose of
or with the effect of changing or influencing the control of the issuer of such
securities and were not acquired in connection with or as a participant in any
transaction having such purpose or effect.
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.
SMITHKLINE BEECHAM CORPORATION
By: /s/
Donald A. Parman
Secretary
Dated: October 11, 2000
