<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
Information Statement Pursuant to Rules 13d-1 and 13d-2
Under the Securities Exchange Act of 1934
(Amendment No._____)*
Beyond.com Corporation
--------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
--------------------------------------------------------------------------------
(Title of Class of Securities)
08860E101
------------------------------
(CUSIP Number)
September 11, 2000
--------------------------------------------------------------------------------
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[_] Rule 13d-1(b)
[X] Rule 13d-1(c)
[_] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on 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).
Page 1 of 18
<PAGE>
--------------------- -----------------------
Cusip No 0886E101 13G Page 2 of 18 pages
--------------------- -----------------------
------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Name Citadel Limited Partnership
------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X]
(b) [_]
------------------------------------------------------------------------------
3. SEC USE ONLY
------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Illinois limited partnership
U.S.A.
------------------------------------------------------------------------------
5. SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------------------------------
6. SHARED VOTING POWER
BENEFICIALLY $21,790,000 in principal amount of Convertible Notes
OWNED BY (convertible into 4,126,142 shares of Common
Stock)/1/2/ 100,193 shares of Common Stock
-----------------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0
PERSON -----------------------------------------------------------
8. SHARED DISPOSITIVE POWER
WITH See Row 6 above.
------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
See Row 6 above.
------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
CERTAIN SHARES*/2/ [X]
------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
Approximately 10.0% as of the date of filing of this statement./2/ (Based
on 38,137,210 shares of Common Stock issued and outstanding as of July
31, 2000, plus the shares of Common Stock issuable upon the conversion of
the Convertible Notes referred to in Row 6 above.)
------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
PN; HC
------------------------------------------------------------------------------
/1/ The Convertible Notes accrue interest at a rate of 10 7/8% per annum from
the date of issuance, payable in cash or Common Stock at the option of the
Company, on June 1 and December 1 of each year. See Footnote 1 in Item 4.
/2/ Pursuant to the terms of an agreement between the Company and certain
Reporting Persons, the Reporting Person cannot be the "beneficial owner" of more
than 10.00% of the Common Stock within the meaning of Rule 13d-1 of the
Securities Exchange Act of 1934.
Page 2 of 18
<PAGE>
--------------------- -----------------------
Cusip No 0886E101 13G Page 3 of 18 pages
--------------------- -----------------------
------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Name GLB Partners, L.P.
------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X]
(b) [_]
------------------------------------------------------------------------------
3. SEC USE ONLY
------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware limited partnership
U.S.A.
------------------------------------------------------------------------------
5. SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------------------------------
6. SHARED VOTING POWER
BENEFICIALLY $21,790,000 in principal amount of Convertible Notes
OWNED BY (convertible into 4,126,142 shares of Common
Stock)/1/2/ 100,193 shares of Common Stock
-----------------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0
PERSON -----------------------------------------------------------
8. SHARED DISPOSITIVE POWER
WITH See Row 6 above.
------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
See Row 6 above.
------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
CERTAIN SHARES*/2/ [X]
------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
Approximately 10.0% as of the date of filing of this statement./2/ (Based
on 38,137,210 shares of Common Stock issued and outstanding as of July
31, 2000, plus the shares of Common Stock issuable upon the conversion of
the Convertible Notes referred to in Row 6 above.)
------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
PN; HC
------------------------------------------------------------------------------
/1/ The Convertible Notes accrue interest at a rate of 10 7/8% per annum from
the date of issuance, payable in cash or Common Stock at the option of the
Company, on June 1 and December 1 of each year. See Footnote 1 in Item 4.
/2/ Pursuant to the terms of an agreement between the Company and certain
Reporting Persons, the Reporting Person cannot be the "beneficial owner" of more
than 10.00% of the Common Stock within the meaning of Rule 13d-1 of the
Securities Exchange Act of 1934.
Page 3 of 18
<PAGE>
--------------------- -----------------------
Cusip No 0886E101 13G Page 4 of 18 pages
--------------------- -----------------------
------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Name Citadel Investment Group, L.L.C.
------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X]
(b) [_]
------------------------------------------------------------------------------
3. SEC USE ONLY
------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware limited liability company
U.S.A.
------------------------------------------------------------------------------
5. SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------------------------------
6. SHARED VOTING POWER
BENEFICIALLY $21,790,000 in principal amount of Convertible Notes
OWNED BY (convertible into 4,126,142 shares of Common
Stock)/1/2/ 100,193 shares of Common Stock
-----------------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0
PERSON -----------------------------------------------------------
8. SHARED DISPOSITIVE POWER
WITH See Row 6 above.
------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
See Row 6 above.
------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
CERTAIN SHARES*/2/ [X]
------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
Approximately 10.0% as of the date of filing of this statement./2/ (Based
on 38,137,210 shares of Common Stock issued and outstanding as of July
31, 2000, plus the shares of Common Stock issuable upon the conversion of
the Convertible Notes referred to in Row 6 above.)
------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
OO; HC
------------------------------------------------------------------------------
/1/ The Convertible Notes accrue interest at a rate of 10 7/8% per annum from
the date of issuance, payable in cash or Common Stock at the option of the
Company, on June 1 and December 1 of each year. See Footnote 1 in Item 4.
/2/ Pursuant to the terms of an agreement between the Company and certain
Reporting Persons, the Reporting Person cannot be the "beneficial owner" of more
than 10.00% of the Common Stock within the meaning of Rule 13d-1 of the
Securities Exchange Act of 1934.
Page 4 of 18
<PAGE>
--------------------- -----------------------
Cusip No 0886E101 13G Page 5 of 18 pages
--------------------- -----------------------
------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Name Kenneth Griffin
------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X]
(b) [_]
------------------------------------------------------------------------------
3. SEC USE ONLY
------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
U.S.A.
------------------------------------------------------------------------------
5. SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------------------------------
6. SHARED VOTING POWER
BENEFICIALLY $21,790,000 in principal amount of Convertible Notes
OWNED BY (convertible into 4,126,142 shares of Common
Stock)/1/2/ 100,193 shares of Common Stock
-----------------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0
PERSON -----------------------------------------------------------
8. SHARED DISPOSITIVE POWER
WITH See Row 6 above.
------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
See Row 6 above.
------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
CERTAIN SHARES*/2/ [X]
------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
Approximately 10.0% as of the date of filing of this statement./2/ (Based
on 38,137,210 shares of Common Stock issued and outstanding as of July
31, 2000, plus the shares of Common Stock issuable upon the conversion of
the Convertible Notes referred to in Row 6 above.)
------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
IN
------------------------------------------------------------------------------
/1/ The Convertible Notes accrue interest at a rate of 10 7/8% per annum from
the date of issuance, payable in cash or Common Stock at the option of the
Company, on June 1 and December 1 of each year. See Footnote 1 in Item 4.
/2/ Pursuant to the terms of an agreement between the Company and certain
Reporting Persons, the Reporting Person cannot be the "beneficial owner" of more
than 10.00% of the Common Stock within the meaning of Rule 13d-1 of the
Securities Exchange Act of 1934.
Page 5 of 18
<PAGE>
--------------------- -----------------------
Cusip No 0886E101 13G Page 6 of 18 pages
--------------------- -----------------------
------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Name Citadel Trading Group, L.L.C.
------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X]
(b) [_]
------------------------------------------------------------------------------
3. SEC USE ONLY
------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware limited liability company
U.S.A.
------------------------------------------------------------------------------
5. SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------------------------------
6. SHARED VOTING POWER
BENEFICIALLY $21,790,000 in principal amount of Convertible Notes
OWNED BY (convertible into 4,126,142 shares of Common
Stock)/1/2/ 100,193 shares of Common Stock
-----------------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0
PERSON -----------------------------------------------------------
8. SHARED DISPOSITIVE POWER
WITH See Row 6 above.
------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
See Row 6 above.
------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
CERTAIN SHARES*/2/ [X]
------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
Approximately 10.0% as of the date of filing of this statement./2/ (Based
on 38,137,210 shares of Common Stock issued and outstanding as of July
31, 2000, plus the shares of Common Stock issuable upon the conversion of
the Convertible Notes referred to in Row 6 above.)
------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
OO
------------------------------------------------------------------------------
/1/ The Convertible Notes accrue interest at a rate of 10 7/8% per annum from
the date of issuance, payable in cash or Common Stock at the option of the
Company, on June 1 and December 1 of each year. See Footnote 1 in Item 4.
/2/ Pursuant to the terms of an agreement between the Company and certain
Reporting Persons, the Reporting Person cannot be the "beneficial owner" of more
than 10.00% of the Common Stock within the meaning of Rule 13d-1 of the
Securities Exchange Act of 1934.
Page 6 of 18
<PAGE>
--------------------- -----------------------
Cusip No 0886E101 13G Page 7 of 18 pages
--------------------- -----------------------
------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Name Wellington Partners Limited Partnership
------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X]
(b) [_]
------------------------------------------------------------------------------
3. SEC USE ONLY
------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Illinois limited partnership
U.S.A.
------------------------------------------------------------------------------
5. SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------------------------------
6. SHARED VOTING POWER
BENEFICIALLY $21,790,000 in principal amount of Convertible Notes
OWNED BY (convertible into 4,126,142 shares of Common
Stock)/1/2/ 100,193 shares of Common Stock
-----------------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0
PERSON -----------------------------------------------------------
8. SHARED DISPOSITIVE POWER
WITH See Row 6 above.
------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
See Row 6 above.
------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
CERTAIN SHARES*/2/ [X]
------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
Approximately 10.0% as of the date of filing of this statement./2/ (Based
on 38,137,210 shares of Common Stock issued and outstanding as of July
31, 2000, plus the shares of Common Stock issuable upon the conversion of
the Convertible Notes referred to in Row 6 above.)
------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
PN; HC
------------------------------------------------------------------------------
/1/ The Convertible Notes accrue interest at a rate of 10 7/8% per annum from
the date of issuance, payable in cash or Common Stock at the option of the
Company, on June 1 and December 1 of each year. See Footnote 1 in Item 4.
/2/ Pursuant to the terms of an agreement between the Company and certain
Reporting Persons, the Reporting Person cannot be the "beneficial owner" of more
than 10.00% of the Common Stock within the meaning of Rule 13d-1 of the
Securities Exchange Act of 1934.
Page 7 of 18
<PAGE>
--------------------- -----------------------
Cusip No 0886E101 13G Page 8 of 18 pages
--------------------- -----------------------
------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Name Olympus Securities, Ltd.
------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X]
(b) [_]
------------------------------------------------------------------------------
3. SEC USE ONLY
------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Bermuda company
------------------------------------------------------------------------------
5. SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------------------------------
6. SHARED VOTING POWER
BENEFICIALLY $21,790,000 in principal amount of Convertible Notes
OWNED BY (convertible into 4,126,142 shares of Common
Stock)/1/2/ 100,193 shares of Common Stock
-----------------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0
PERSON -----------------------------------------------------------
8. SHARED DISPOSITIVE POWER
WITH See Row 6 above.
------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
See Row 6 above.
------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
CERTAIN SHARES*/2/ [X]
------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
Approximately 10.0% as of the date of filing of this statement./2/ (Based
on 38,137,210 shares of Common Stock issued and outstanding as of July
31, 2000, plus the shares of Common Stock issuable upon the conversion of
the Convertible Notes referred to in Row 6 above.)
------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
CO
------------------------------------------------------------------------------
/1/ The Convertible Notes accrue interest at a rate of 10 7/8% per annum from
the date of issuance, payable in cash or Common Stock at the option of the
Company, on June 1 and December 1 of each year. See Footnote 1 in Item 4.
/2/ Pursuant to the terms of an agreement between the Company and certain
Reporting Persons, the Reporting Person cannot be the "beneficial owner" of more
than 10.00% of the Common Stock within the meaning of Rule 13d-1 of the
Securities Exchange Act of 1934.
Page 8 of 18
<PAGE>
--------------------- -----------------------
Cusip No 0886E101 13G Page 9 of 18 pages
--------------------- -----------------------
------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Name Aragon Investments, Ltd.
------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X]
(b) [_]
------------------------------------------------------------------------------
3. SEC USE ONLY
------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Bermuda company
------------------------------------------------------------------------------
5. SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------------------------------
6. SHARED VOTING POWER
BENEFICIALLY $21,790,000 in principal amount of Convertible Notes
OWNED BY (convertible into 4,126,142 shares of Common
Stock)/1/2/ 100,193 shares of Common Stock
-----------------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0
PERSON -----------------------------------------------------------
8. SHARED DISPOSITIVE POWER
WITH See Row 6 above.
------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
See Row 6 above.
------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
CERTAIN SHARES*/2/ [X]
------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
Approximately 10.0% as of the date of filing of this statement./2/ (Based
on 38,137,210 shares of Common Stock issued and outstanding as of July
31, 2000, plus the shares of Common Stock issuable upon the conversion of
the Convertible Notes referred to in Row 6 above.)
------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
CO
------------------------------------------------------------------------------
/1/ The Convertible Notes accrue interest at a rate of 10 7/8% per annum from
the date of issuance, payable in cash or Common Stock at the option of the
Company, on June 1 and December 1 of each year. See Footnote 1 in Item 4.
/2/ Pursuant to the terms of an agreement between the Company and certain
Reporting Persons, the Reporting Person cannot be the "beneficial owner" of more
than 10.00% of the Common Stock within the meaning of Rule 13d-1 of the
Securities Exchange Act of 1934.
Page 9 of 18
<PAGE>
--------------------- -----------------------
Cusip No 0886E101 13G Page 10 of 18 pages
--------------------- -----------------------
------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Name Kensington Global Strategies Fund, Ltd.
------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X]
(b) [_]
------------------------------------------------------------------------------
3. SEC USE ONLY
------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Bermuda company
------------------------------------------------------------------------------
5. SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------------------------------
6. SHARED VOTING POWER
BENEFICIALLY $21,790,000 in principal amount of Convertible Notes
OWNED BY (convertible into 4,126,142 shares of Common
Stock)/1/2/ 100,193 shares of Common Stock
-----------------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0
PERSON -----------------------------------------------------------
8. SHARED DISPOSITIVE POWER
WITH See Row 6 above.
------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
See Row 6 above.
------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
CERTAIN SHARES*/2/ [X]
------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
Approximately 10.0% as of the date of filing of this statement./2/ (Based
on 38,137,210 shares of Common Stock issued and outstanding as of July
31, 2000, plus the shares of Common Stock issuable upon the conversion of
the Convertible Notes referred to in Row 6 above.)
------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
CO; HC
------------------------------------------------------------------------------
/1/ The Convertible Notes accrue interest at a rate of 10 7/8% per annum from
the date of issuance, payable in cash or Common Stock at the option of the
Company, on June 1 and December 1 of each year. See Footnote 1 in Item 4.
/2/ Pursuant to the terms of an agreement between the Company and certain
Reporting Persons, the Reporting Person cannot be the "beneficial owner" of more
than 10.00% of the Common Stock within the meaning of Rule 13d-1 of the
Securities Exchange Act of 1934.
Page 10 of 18
<PAGE>
--------------------- -----------------------
Cusip No 0886E101 13G Page 11 of 18 pages
--------------------- -----------------------
------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Name Jackson Investment Fund, Ltd.
------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X]
(b) [_]
------------------------------------------------------------------------------
3. SEC USE ONLY
------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands company
------------------------------------------------------------------------------
5. SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------------------------------
6. SHARED VOTING POWER
BENEFICIALLY $21,790,000 in principal amount of Convertible Notes
OWNED BY (convertible into 4,126,142 shares of Common
Stock)/1/2/ 100,193 shares of Common Stock
-----------------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0
PERSON -----------------------------------------------------------
8. SHARED DISPOSITIVE POWER
WITH See Row 6 above.
------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
See Row 6 above.
------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
CERTAIN SHARES*/2/ [X]
------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
Approximately 10.0% as of the date of filing of this statement./2/ (Based
on 38,137,210 shares of Common Stock issued and outstanding as of July
31, 2000, plus the shares of Common Stock issuable upon the conversion of
the Convertible Notes referred to in Row 6 above.)
------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
CO
------------------------------------------------------------------------------
/1/ The Convertible Notes accrue interest at a rate of 10 7/8% per annum from
the date of issuance, payable in cash or Common Stock at the option of the
Company, on June 1 and December 1 of each year. See Footnote 1 in Item 4.
/2/ Pursuant to the terms of an agreement between the Company and certain
Reporting Persons, the Reporting Person cannot be the "beneficial owner" of more
than 10.00% of the Common Stock within the meaning of Rule 13d-1 of the
Securities Exchange Act of 1934.
Page 11 of 18
<PAGE>
----------------------- ---------------------
Cusip No. 08860E101 13G Page 12 of 18 Pages
---------------------- ---------------------
Item 1(a) Name of Issuer: BEYOND.COM CORPORATION
1(b) Address of Issuer's Principal Executive Offices:
3200 Patrick Henry Drive
Santa Clara, California 95054
Item 2(a) Name of Person Filing
Item 2(b) Address of Principal Business Office
Item 2(c) Citizenship
Citadel Limited Partnership
225 W. Washington
9/th/ Floor
Chicago, Illinois 60606
Illinois limited partnership
GLB Partners, L.P.
225 W. Washington
9/th/ Floor
Chicago, Illinois 60606
Delaware limited partnership
Citadel Investment Group, L.L.C.
225 W. Washington
9/th/ Floor
Chicago, Illinois 60606
Delaware limited liability company
Kenneth Griffin
225 W. Washington
9/th/ Floor
Chicago, Illinois 60606
U.S. Citizen
Citadel Trading Group, L.L.C.
c/o Citadel Investment Group, L.L.C.
225 W. Washington
9/th/ Floor
Chicago, Illinois 60606
Delaware limited liability company
Page 12 0f 18
<PAGE>
---------------------- ----------------
Cusip No. 08860E101 13G Page 13 of 18
---------------------- ----------------
Wellington Partners Limited Partnership
c/o Citadel Investment Group, L.L.C.
225 W. Washington
9/th/ Floor
Chicago, Illinois 60606
Illinois limited partnership
Olympus Securities, Ltd.
c/o Citadel Investment Group, L.L.C.
225 W. Washington
9/th/ Floor
Chicago, Illinois 60606
Bermuda company
Aragon Investments, Ltd.
c/o Citadel Investment Group, L.L.C.
225 W. Washington
9/th/ Floor
Chicago, Illinois 60606
Bermuda company
Kensington Global Strategies Fund, Ltd.
c/o Citadel Investment Group, L.L.C.
225 W. Washington
9/th/ Floor
Chicago, Illinois 60606
Bermuda company
Jackson Investment Fund Ltd.
c/o Citadel Investment Group, L.L.C.
225 W. Washington
9/th/ Floor
Chicago, Illinois 60606
Cayman Islands company
2(d) Title of Class of Securities:
Common Stock, par value $0.001 per share
2(e) CUSIP Number: 08860E101.
Page 13 of 18
<PAGE>
----------------------- -----------------------
Cusip No. 08860E101 13G Page 14 of 18 Pages
----------------------- -----------------------
Item 3 If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or
(c), check whether the person filing is a:
(a) [__] Broker or dealer registered under Section 15 of the
Exchange Act;
(b) [__] Bank as defined in Section 3(a)(6) of the Exchange Act;
(c) [__] Insurance company as defined in Section 3(a)(19) of the
Exchange Act;
(d) [__] Investment company registered under Section 8 of the
Investment Company Act;
(e) [__] An investment adviser in accordance with Rule 13d-
1(b)(1)(ii)(E);
(f) [__] An employee benefit plan or endowment fund in accordance
with Rule 13d-1(b)(1)(ii)(F);
(g) [__] A parent holding company or control person in accordance
with Rule 13d-1(b)(ii)(G);
(h) [__] A savings association as defined in Section 3(b) of the
Federal Deposit Insurance Act;
(i) [__] A church plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the
Investment Company Act;
(j) [__] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
If this statement is filed pursuant to Rule 13d-1(c), check this box.
[X]
Item 4 Ownership:
CITADEL LIMITED PARTNERSHIP
GLB PARTNERS, L.P.
CITADEL INVESTMENT GROUP, L.L.C.
KENNETH GRIFFIN
CITADEL TRADING GROUP, L.L.C.
WELLINGTON PARTNERS LIMITED PARTNERSHIP
OLYMPUS SECURITIES, LTD.
ARAGON INVESTMENTS, LTD.
KENSINGTON GLOBAL STRATEGIES FUND, LTD.
JACKSON INVESTMENT FUNDS LTD.
Page 14 of 18
<PAGE>
--------------------- ---------------------
Cusip No. 08860E101 13G Page 15 of 18 Pages
--------------------- ---------------------
(a) Amount beneficially owned:
$21,790,000 in principal amount of Convertible Notes (convertible into 4,126,142
shares of Common Stock)./1/
100,193 shares of Common Stock.
(b) Percent of Class:
Approximately 10.0% as of the date of filing of this statement./1/ (Based on
38,137,210 shares of Common Stock issued and outstanding as of July 31, 2000,
plus the shares of Common Stock issuable upon the conversion of the Convertible
Notes referred to in item (a) above.)
(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:
See item (a) above.
(iii) sole power to dispose or to direct the disposition of:
0
(iv) shared power to dispose or to direct the disposition of:
See item (a) above.
/1/The Convertible Notes accrue interest at a rate of 10 7/8/% per annum from
September 11, 2000, payable in cash or shares of the Company's common stock, par
value $0.001 per share (the "Common Stock"), at the Company's option, on June 1
and December 1 of each year. As of September 21, 2000, the Convertible Notes
had accrued interest of approximately $64,922.26. If the Company elects to pay
the interest payment in shares of Common stock, the Common Stock will be valued
at 90% of the average of the closing prices for the five trading days
immediately preceding the second trading day prior to the interest payment date
(every June 1 and December 1) for which interest will be paid in shares of
Common Stock.
Page 15 of 18
<PAGE>
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Cusip No. 08860E101 13G Page 16 of 18 Pages
--------------------- ---------------------
The securities reported herein include (i) 100,193 shares of Common Stock and
(ii) shares of Common Stock that the Reporting Persons may acquire in the future
through the conversion of $21,790,000 in principal amount of the Company's
10 7/8% Convertible Subordinated Notes due December 1, 2003 (the "Convertible
Notes") which may be converted by the Reporting Persons at any time prior to the
close of business on December 1, 2003, into shares of the Common Stock at the
conversion price equal to $2.875, subject to adjustment upon certain dilutive
events. The Convertible Notes were issued on September 11, 2000.
Pursuant to the terms of an agreement between the Company and certain Reporting
Persons, the Reporting Persons cannot be the "beneficial owners" of more than
10.00% of the Common Stock within the meaning of Rule 13d-1 of the Securities
Exchange Act of 1934.
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:
Not Applicable.
Item 7 Identification and Classification of the Subsidiary which Acquired the
Security Being Reported on by the Parent Holding Company:
See Item 2 above.
Item 8 Identification and Classification of Members of the Group:
Not Applicable.
Item 9 Notice of Dissolution of Group:
Not Applicable.
Item 10 Certification:
By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were not acquired and are not held for the
purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.
Page 16 of 18
<PAGE>
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Cusip No. 08860E101 13G Page 17 of 18 Pages
--------------------- ---------------------
After reasonable inquiry and to the best of its knowledge and belief, the
undersigned certify that the information set forth in this statement is true,
complete and correct.
Dated this 21/st/ day of September, 2000 /s/ Kenneth Griffin
------------------------------------
Kenneth Griffin
CITADEL LIMITED PARTNERSHIP CITADEL INVESTMENT GROUP, L.L.C.
By: GLB Partners, L.P., By: /s/ Kenneth Griffin
---------------------------------
its General Partner Kenneth Griffin, President
By: Citadel Investment Group, L.L.C.,
its General Partner OLYMPUS SECURITIES, LTD.
By: /s/ Kenneth Griffin By: Citadel Limited Partnership,
-----------------------------------
Kenneth Griffin, President its Trading Manager
GLB PARTNERS, L.P. By: GLB Partners, L.P.,
its General Partner
By: Citadel Investment Group, L.L.C.,
its General Partner By: Citadel Investment Group, L.L.C.,
its General Partner
By: /s/ Kenneth Griffin
-----------------------------------
Kenneth Griffin, President By: /s/ Kenneth Griffin
---------------------------------
Kenneth Griffin, President
CITADEL TRADING GROUP, L.L.C. ARAGON INVESTMENTS, LTD.
By: Citadel Limited Partnership, By: Citadel Limited Partnership,
its Managing Member its Trading Manager
By: GLB Partners, L.P., By: GLB Partners, L.P.,
its General Partner its General Partner
By: Citadel Investment Group, L.L.C., By: Citadel Investment Group, L.L.C.,
its General Partner its General Partner
By: /s/ Kenneth Griffin By: /s/ Kenneth Griffin
----------------------------------- ---------------------------------
Kenneth Griffin, President Kenneth Griffin, President
Page 17 0f 18
<PAGE>
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Cusip No. 08860E101 13G Page 18 of 18 Pages
--------------------- ---------------------
KENSINGTON GLOBAL STRATEGIES
FUND, LTD.
By: Citadel Limited Partnership,
its Trading Manager
By: GLB Partners, L.P.,
its General Partner
By: Citadel Investment Group, L.L.C.,
its General Partner
By: /s/ Kenneth Griffin
--------------------------------------
Kenneth Griffin, President
JACKSON INVESTMENT FUND LTD.
By: Citadel Limited Partnership,
its Trading Manager
By: GLB Partners, L.P.,
its General Partner
By: Citadel Investment Group, L.L.C.,
its General Partner
By: /s/ Kenneth Griffin
--------------------------------------
Kenneth Griffin, President
WELLINGTON PARTNERS LIMITED
PARTNERSHIP
By: Citadel Limited Partnership,
its General Partner
By: GLB Partners, L.P.,
its General Partner
By: Citadel Investment Group, L.L.C.,
its General Partner
By: /s/ Kenneth Griffin
--------------------------------------
Kenneth Griffin, President
Page 18 of 18
