SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14D-9
SOLICITATION/RECOMMENDATION STATEMENT UNDER
SECTION 14(d)(4) OF THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 6)
MATRIXX INITIATIVES, INC.
(Name of Subject Company)
MATRIXX INITIATIVES, INC.
(Name of Person(s) Filing Statement)
Common Stock, par value $0.001 per share
(Title of Class of Securities)
57685L105
(CUSIP Number of Class of Securities)
Samuel C. Cowley
Executive Vice President, General Counsel and Secretary
Matrixx Initiatives, Inc.
8515 E. Anderson Drive
Scottsdale, Arizona 85255
(602) 385-8888
(Name, Address and Telephone Number of Person Authorized to Receive Notices
and Communications on Behalf of the Person(s) Filing Statement)
With copies to:
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Matthew P. Feeney
Snell & Wilmer L.L.P
One Arizona Center
400 E. Van Buren Street
Phoenix, Arizona 85004-2202
(602) 382-6000
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Stephen M. Kotran
Sullivan & Cromwell LLP
125 Broad Street
New York, New York 10004-2498
(212) 558-4000
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Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer
Introduction
This Amendment No. 6 (this
Amendment
) amends and supplements the
Solicitation/Recommendation Statement on Schedule 14D-9 (which, together with any amendments and
supplements thereto, collectively constitute the
Schedule
) originally filed with the U.S.
Securities and Exchange Commission (the
SEC
) by Matrixx Initiatives, Inc., a Delaware
corporation (the
Company
), on December 22, 2010. The Schedule relates to the tender
offer by Wonder Holdings, Inc., a Delaware corporation (
Purchaser
) and a wholly-owned
subsidiary of Wonder Holdings Acquisition Corp., a Delaware corporation (
Parent
), to
purchase all of the outstanding shares of common stock, par value $0.001 per share, of the Company,
including the associated rights issued pursuant to the Rights Agreement, dated as of July 22, 2002,
as amended on December 14, 2010 and further amended on January 11, 2011, between the Company and
Registrar and Transfer Company (the shares of the common stock of the Company, together with the
associated rights, collectively referred to as the
Shares
), at a price of $8.00 per Share
net to the seller in cash without interest and less any required withholding taxes, if any, upon
the terms and conditions set forth in the offer to purchase, dated December 22, 2010, as amended,
and in the related letter of transmittal, dated December 22, 2010, copies of which are attached to
the Tender Offer Statement on Schedule TO filed by Parent and certain of its affiliates, including
Purchaser, with the SEC on December 22, 2010, as amended.
Except as otherwise set forth below, the information set forth in the Schedule remains unchanged
and is incorporated herein by reference as relevant to the items in this Amendment. Capitalized
terms used but not defined herein have the meanings ascribed to them in the Schedule.
ITEM 8.
ADDITIONAL INFORMATION
Item 8,
Additional Information
is hereby amended and supplemented by adding the following
sentences to the end of the sixth paragraph on page 39 of the Schedule under the section titled
Product Liability Matters
, as amended by Amendment No. 2 to the Schedule filed January 12, 2011:
Plaintiffs counsel has indicated to the Company that, as of the Settlement Expiration
Date, they have met the required levels of participation, meaning that the Settlement
Agreement is in effect. The Company is in the process of confirming that information.
Initial data provided by plaintiffs counsel indicates that approximately 5% of the eligible
plaintiffs and claimants have not confirmed their participation in the settlement program.
The Company is uncertain regarding their intentions.
Item 8,
Additional Information
is hereby amended and supplemented by adding the following
immediately before the section titled
Forward-Looking Statements
:
Second Extension of the Offer Period
On February 1, 2011, Purchaser extended the expiration of the Offer until 5:00 p.m., New
York City time, on Friday, February 4, 2011. The Offer, which was previously scheduled to
expire at 5:00 p.m., New York City time, on January 31, 2011, was extended in accordance
with the Merger Agreement. In order to reflect the extension of the
Offer, all references in this Schedule, including the Information Statement attached as
Annex I
, to 11:59 p.m., New York City time, on January 24, 2011, as previously
amended to refer to 5:00 p.m., New York City time, on January 31, 2011, as the date and
time the Offer expires, are hereby replaced, as appropriate, with 5:00 p.m., New York City
time, on February 4, 2011. The full text of the press release issued by H.I.G. on February
1, 2011 announcing the extension of the Offer is filed as Exhibit (a)(17) hereto and is
incorporated herein by reference.
ITEM 9.
EXHIBITS
Item 9,
Exhibits
, is hereby amended and supplemented by inserting the following exhibit
therein:
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(a)(17)
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Press Release issued by H.I.G. Capital, LLC on February 1, 2011
(incorporated by reference to Exhibit (a)(1)(K) of Amendment No. 6 to the
Schedule TO filed by Parent and Purchaser on February 1, 2011).
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