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Page 1 of 12 Pages
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
Under the Securities Exchange Act of 1934
Thermatrix, Inc.
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(Name of Issuer)
Common Stock, par value $.001 per share
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(Title of Class of Securities)
Exhibit Index on page 10
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CUSIP No. 13G Page 2 of 12 Pages
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1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Onex Corporation
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2 Check the Appropriate Box If a Member of a Group
a. |_|
b. |_|
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3 SEC Use Only
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4 Citizenship or Place of Organization
Ontario, Canada
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5 Sole Voting Power
Number of
Shares None
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 566,429 shares of Common Stock
Person --------------------------------------------------------
With 7 Sole Dispositive Power
None
--------------------------------------------------------
8 Shared Dispositive Power
566,429 shares of Common Stock
--------------------------------------------------------
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9 Aggregate Amount Beneficially Owned by Each Reporting Person
566,429 shares of Common Stock
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10 Check Box If the Aggregate Amount in Row (11) Excludes Certain Shares |_|
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11 Percent of Class Represented By Amount in Row (11)
7.5%
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12 Type of Reporting Person
CO
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*SEE INSTRUCTION BEFORE FILLING OUT!
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CUSIP No. 13G Page 3 of 12 Pages
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1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Gerald W. Schwartz
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2 Check the Appropriate Box If a Member of a Group
a. |_|
b. |_|
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3 SEC Use Only
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4 Citizenship or Place of Organization
Canada
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5 Sole Voting Power
Number of
Shares None
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 566,429 shares of Common Stock
Person --------------------------------------------------------
With 7 Sole Dispositive Power
None
--------------------------------------------------------
8 Shared Dispositive Power
566,429 shares of Common Stock
--------------------------------------------------------
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9 Aggregate Amount Beneficially Owned by Each Reporting Person
566,429 shares of Common Stock
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10 Check Box If the Aggregate Amount in Row (11) Excludes Certain Shares |_|
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11 Percent of Class Represented By Amount in Row (11)
7.5%
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12 Type of Reporting Person
IN
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*SEE INSTRUCTION BEFORE FILLING OUT!
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CUSIP No. 13G Page 4 of 12 Pages
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1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Vencap, Inc.
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2 Check the Appropriate Box If a Member of a Group
a. |_|
b. |_|
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3 SEC Use Only
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4 Citizenship or Place of Organization
Alberta, Canada
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5 Sole Voting Power
Number of
Shares None
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 566,429 shares of Common Stock
Person --------------------------------------------------------
With 7 Sole Dispositive Power
None
--------------------------------------------------------
8 Shared Dispositive Power
566,429 shares of Common Stock
--------------------------------------------------------
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
566,429 shares of Common Stock
- --------------------------------------------------------------------------------
10 Check Box If the Aggregate Amount in Row (11) Excludes Certain Shares |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount in Row (11)
7.5%
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12 Type of Reporting Person
CO
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*SEE INSTRUCTION BEFORE FILLING OUT!
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Page 5 of 12 Pages
Item 1(a) Name of Issuer:
Thermatrix, Inc. (the "Company")
Item 1(b) Address of Issuer's Principal Executive Offices:
101 Metro Drive, Suite 248
San Jose, California 95110
Item 2(a) Name of Person Filing:
Onex Corporation ("Onex")
Gerald W. Schwartz
Vencap, Inc. ("Vencap")
Onex, Mr. Schwartz and Vencap are filing the statement jointly,
pursuant to the provisions of Rule 13d-1(f)(1) under the Securities
Exchange Act of 1934, as amended, as separate persons and not as
members of a group. See Exhibit 1 for their Joint Filing Agreement.
Item 2(b) Address of Principal Business Office or, if none, Residence:
The address for the principal business office of each of Onex and
Gerald W. Schwartz is:
161 Bay Street
P.O. Box 700
Toronto, Ontario CANADA
M5J 2S1
The address of the principal business office of Vencap is:
Suite 712
10104-103 Avenue
Edmonton, Alberta
Canada T5J OH8
Item 2(c) Citizenship:
Gerald W. Schwartz is a citizen of Canada. Onex is an Ontario,
Canada corporation. Vencap is an Alberta, Canada corporation.
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Page 6 of 12 Pages
Item 2(d) Title of Class of Securities:
Common Stock, $.001 par value per share.
Item 2(e) CUSIP No.:
None
Item 3 If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b),
check whether the person filing is a:
This statement is not filed pursuant to Rules 13d-1(b) or 13d-2(b).
Item 4 Ownership:
(a) Amount Beneficially Owned:
566,429 shares of Common Stock
(b) Percent of Class:
7.5%
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Page 7 of 12 Pages
(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:
566,429 shares of Common Stock
(iii) Sole power to dispose or to direct the disposition of:
0
(iv) Shared Power to dispose or to direct the disposition of:
566,429 shares of Common Stock
Vencap is the direct beneficial owner of the shares of Common Stock
reported. Onex, as the indirect beneficial owner of approximately
90% of the shares of Vencap, is an indirect beneficial owner of the
shares reported. Mr. Schwartz is the indirect holder of all the
issued and outstanding Multiple Voting Shares of Onex, which are
entitled to elect sixty percent (60%) of the members of Onex's Board
of Directors and carry such number of votes in the aggregate as
represents 60% of the aggregate votes attached to all voting shares
of Onex and is thus an indirect beneficial owner of the shares
reported. On October 27, 1997, Vencap sold 5,000 shares of Common
Stock of the Company. Such shares are not included in the amounts
set forth above.
Item 5 Ownership of Five Percent or Less of a Class:
Not applicable
Item 6 Ownership of More Than Five Percent on Behalf of
Another Person:
No other person has the right to receive or the power to direct the
receipt of dividends from, or the proceeds from the sale of, the
shares reported hereunder.
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Page 8 of 12 Pages
Item 7 Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on By the Parent Holding Company:
Not applicable
Item 8 Identification and Classification of Members of the Group:
Not applicable
Item 9 Notice of Dissolution of Group:
Not applicable
Item 10 Certification:
Not applicable
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Page 9 of 12 Pages
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.
Date: January 30, 1998
ONEX CORPORATION
By: /s/ Donald W. Lewtas
--------------------
Name: Donald W. Lewtas
Title: Authorized Signatory
/s/ Donald W. Lewtas
--------------------
Authorized signatory for
Gerald W. Schwartz
VENCAP, INC.
By: /s/ Ian Morris
-----------------------------
Name: Ian Morris
Title: Vice President and CFO
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Page 10 of 12 Pages
Index to Exhibits
Page No. in
Sequential
Exhibit Numbering System
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1. Joint Filing Agreement, dated January 30, 1998, among
Vencap, Onex and Mr. Schwartz.
2. Power of Attorney incorporated by reference to the
Amendment to Form 4 relating to Dura Automotive
Systems, Inc., filed with the Securities and Exchange
Commission by Onex on September 10, 1996.
3. Power of Attorney incorporated by reference to the
Amendment to Form 4 relating to Dura Automotive
Systems, Inc., filed with the Securities and Exchange
Commission by Mr. Schwartz on September 10, 1996.
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Page 12 of 12 Pages
Exhibit 1
AGREEMENT
JOINT FILING OF SCHEDULE 13G
The undersigned hereby agree to file jointly the Statement on
Schedule 13G (the "Statement") relating to the Common Stock, $.001 par value per
share, of Thermatrix, Inc., and any further amendments thereto which may be
deemed necessary pursuant to Regulation 13D or G promulgated under Section 13 of
the Securities Exchange Act of 1934, as amended.
It is understood and agreed that a copy of this Agreement shall be
attached as an exhibit to the Statement, filed on behalf of each of the parties
hereto.
This Agreement may be executed in multiple counterparts, each of
which shall constitute an original, one and the same instrument.
IN WITNESS WHEREOF, each of the undersigned has executed this
Agreement as of the 30 day of January, 1998.
VENCAP, INC.
By: /s/ Ian Morris
-----------------------------
Name: Ian Morris
Title: Vice President and CFO
ONEX CORPORATION
By:/s/ Donald W. Lewtas
--------------------
Name: Donald W. Lewtas
Title: Authorized Signatory
/s/ Donald W. Lewtas
--------------------
Authorized Signatory for
GERALD SCHWARTZ
