UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(A) AND
AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a)
SCHEDULE 13D/A
(Rule 13d-101)
Under the Securities Exchange Act of 1934
(Amendment No. 3)
UNITY WIRELESS CORPORATION
(Name of Issuer)
COMMON STOCK, PAR VALUE $0.001*
(Title of Class of Securities)
913347 10 0
(CUSIP Number)
CLAL INDUSTRIES AND INVESTMENTS LTD.
THE TRIANGULAR TOWER
45TH FLOOR
3 AZRIELI CENTER
TEL AVIV 67023
ATTN: CORPORATE SECRETARY
TELEPHONE: 972-3-6075794
(Name, Address and Telephone Number of Person Authorized to Receive
Notices and Communications)
NOVEMBER 11, 2007
(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
schedule because of Rule 13d-1(e), 13d-1(f), or 13d-1(g), check the following
box: [_]
* 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
disclosures provided in a prior cover page.
The information required on 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 (the "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).
* AS SOME OF THE SECURITIES BENEFICIALLY OWNED BY THE REPORTING PERSONS ARE
SERIES B CONVERTIBLE NON-REDEEMABLE PREFERRED SHARES, PAR VALUE $0.001 PER
SHARE, OF THE ISSUER (THE "SERIES B SHARES"), EACH OF WHICH IS CURRENTLY
CONVERTIBLE INTO 1,000 SHARES OF COMMON STOCK, PAR VALUE $0.001 PER SHARE, OF
THE ISSUER (THE "SHARES"), OR REFLECT OTHER SECURITIES, SUCH AS NOTES AND
WARRANTS, UNLESS THE CONTEXT SUGGESTS OTHERWISE, THE FIGURES IN THIS STATEMENT
ARE SHOWN ON AN AS CONVERTED AND AS EXERCISED BASIS AND THE TERM SHARES INCLUDES
CONVERTIBLE SECURITIES, NOTES AND WARRANTS.
SCHEDULE 13D
CUSIP NO. 913347 10 0
--------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Israel Infinity Venture Capital (Corporate General Partner) Ltd.
--------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
--------------------------------------------------------------------------------
3) SEC USE ONLY
--------------------------------------------------------------------------------
4) SOURCE OF FUNDS
Not Applicable
--------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(D) OR 2(E) [_]
--------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Island
--------------------------------------------------------------------------------
7) SOLE VOTING POWER
0
NUMBER OF -------------------------------------------------------------
SHARES 8) SHARED VOTING POWER
BENEFICIALLY 1,249,672 *
OWNED BY -------------------------------------------------------------
EACH 9) SOLE DISPOSITIVE POWER
REPORTING 0
PERSON WITH -------------------------------------------------------------
10) SHARED DISPOSITIVE POWER
1,249,672 *
--------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,249,672 *
--------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.65%**
--------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
* Includes warrants exercisable into 384,514 Shares.
** Based on 192,995,691 Shares outstanding (on an as converted basis) as of
August 20, 2007. See Item 5.
2
SCHEDULE 13D
CUSIP NO. 913347 10 0
--------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Infinity I Annex Fund (General Partner) Ltd.
--------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
--------------------------------------------------------------------------------
3) SEC USE ONLY
--------------------------------------------------------------------------------
4) SOURCE OF FUNDS
Not Applicable
--------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(D) OR 2(E) [_]
--------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
--------------------------------------------------------------------------------
7) SOLE VOTING POWER
0
NUMBER OF -------------------------------------------------------------
SHARES 8) SHARED VOTING POWER
BENEFICIALLY 7,973,023 *
OWNED BY -------------------------------------------------------------
EACH 9) SOLE DISPOSITIVE POWER
REPORTING 0
PERSON WITH -------------------------------------------------------------
10) SHARED DISPOSITIVE POWER
7,973,023 *
--------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,973,023 *
--------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.13%**
--------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
* Includes warrants exercisable into 2,453,238 Shares.
** Based on 192,995,691 Shares outstanding (on an as converted basis) as of
August 20, 2007. See Item 5.
3
SCHEDULE 13D
CUSIP NO. 913347 10 0
--------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
FBR Infinity II Venture Partners Ltd.
--------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
--------------------------------------------------------------------------------
3) SEC USE ONLY
--------------------------------------------------------------------------------
4) SOURCE OF FUNDS
Not Applicable
--------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(D) OR 2(E) [_]
--------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
Bermuda
--------------------------------------------------------------------------------
7) SOLE VOTING POWER
0
NUMBER OF -------------------------------------------------------------
SHARES 8) SHARED VOTING POWER
BENEFICIALLY 13,812,983 *
OWNED BY -------------------------------------------------------------
EACH 9) SOLE DISPOSITIVE POWER
REPORTING 0
PERSON WITH -------------------------------------------------------------
10) SHARED DISPOSITIVE POWER
13,812,983 *
--------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
13,812,983 *
--------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.15%**
--------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
* Includes warrants exercisable into 4,300,501 Shares and debentures convertible
into 1,309,156 Shares.
** Based on 192,995,691 Shares outstanding (on an as converted basis) as of
August 20, 2007. See Item 5.
4
SCHEDULE 13D
CUSIP NO. 913347 10 0
--------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Clal Venture Capital Fund Management Ltd.
--------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
--------------------------------------------------------------------------------
3) SEC USE ONLY
--------------------------------------------------------------------------------
4) SOURCE OF FUNDS
Not Applicable
--------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(D) OR 2(E) [_]
--------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
--------------------------------------------------------------------------------
7) SOLE VOTING POWER
0
NUMBER OF -------------------------------------------------------------
SHARES 8) SHARED VOTING POWER
BENEFICIALLY 0
OWNED BY -------------------------------------------------------------
EACH 9) SOLE DISPOSITIVE POWER
REPORTING 0
PERSON WITH -------------------------------------------------------------
10) SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
--------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.00%
--------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
5
SCHEDULE 13D
CUSIP NO. 913347 10 0
--------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Clal Industries and Investments Ltd.
--------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
--------------------------------------------------------------------------------
3) SEC USE ONLY
--------------------------------------------------------------------------------
4) SOURCE OF FUNDS
Not Applicable
--------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(D) OR 2(E) [_]
--------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
--------------------------------------------------------------------------------
7) SOLE VOTING POWER
0
NUMBER OF -------------------------------------------------------------
SHARES 8) SHARED VOTING POWER
BENEFICIALLY 23,035,678 *
OWNED BY -------------------------------------------------------------
EACH 9) SOLE DISPOSITIVE POWER
REPORTING 0
PERSON WITH -------------------------------------------------------------
10) SHARED DISPOSITIVE POWER
23,035,678 *
--------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
23,035,678 *
--------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
11.93%**
--------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
* Includes warrants exercisable into 4,300,501 Shares and debentures convertible
into 1,309,156 Shares.
** Based on 192,995,691 Shares outstanding (on an as converted basis) as of
August 20, 2007.
6
SCHEDULE 13D
CUSIP NO. 913347 10 0
--------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Clalit Finance and Investments Ltd.
--------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
--------------------------------------------------------------------------------
3) SEC USE ONLY
--------------------------------------------------------------------------------
4) SOURCE OF FUNDS
Not Applicable
--------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(D) OR 2(E) [_]
--------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
--------------------------------------------------------------------------------
7) SOLE VOTING POWER
0
NUMBER OF -------------------------------------------------------------
SHARES 8) SHARED VOTING POWER
BENEFICIALLY 82,406 *
OWNED BY -------------------------------------------------------------
EACH 9) SOLE DISPOSITIVE POWER
REPORTING 0
PERSON WITH -------------------------------------------------------------
10) SHARED DISPOSITIVE POWER
82,406 *
--------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
82,406 *
--------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.04%**
--------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
* Includes warrants exercisable into 25,356 Shares.
** Based on 192,995,691 Shares outstanding (on an as converted basis) as of
August 20, 2007. See Item 5.
7
SCHEDULE 13D
CUSIP NO. 913347 10 0
--------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
RDC Rafael Development Corporation Ltd.
--------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
--------------------------------------------------------------------------------
3) SEC USE ONLY
--------------------------------------------------------------------------------
4) SOURCE OF FUNDS
Not Applicable
--------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(D) OR 2(E) [_]
--------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
--------------------------------------------------------------------------------
7) SOLE VOTING POWER
0
NUMBER OF -------------------------------------------------------------
SHARES 8) SHARED VOTING POWER
BENEFICIALLY 789,497 *
OWNED BY -------------------------------------------------------------
EACH 9) SOLE DISPOSITIVE POWER
REPORTING 0
PERSON WITH -------------------------------------------------------------
10) SHARED DISPOSITIVE POWER
789,497 *
--------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
789,427 *
--------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.41%**
--------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
* Includes warrants exercisable into 62,330 Shares and notes convertible into
727,167 Shares.
** Based on 192,995,691 Shares outstanding (on an as converted basis) as of
August 20, 2007.
8
SCHEDULE 13D
CUSIP NO. 913347 10 0
--------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Elron Electronic Industries Ltd.
--------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
--------------------------------------------------------------------------------
3) SEC USE ONLY
--------------------------------------------------------------------------------
4) SOURCE OF FUNDS
Not Applicable
--------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(D) OR 2(E) [_]
--------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
--------------------------------------------------------------------------------
7) SOLE VOTING POWER
0
NUMBER OF -------------------------------------------------------------
SHARES 8) SHARED VOTING POWER
BENEFICIALLY 1,073,566 *
OWNED BY -------------------------------------------------------------
EACH 9) SOLE DISPOSITIVE POWER
REPORTING 0
PERSON WITH -------------------------------------------------------------
10) SHARED DISPOSITIVE POWER
1,073,566 *
--------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,073,566 *
--------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.56%**
--------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
* Includes warrants exercisable into 84,756 Shares and notes convertible into
988,810 Shares.
** Based on 192,995,691 Shares outstanding (on an as converted basis) as of
August 20, 2007.
9
SCHEDULE 13D
CUSIP NO. 913347 10 0
--------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Discount Investment Corporation Ltd. ("DIC")
--------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
--------------------------------------------------------------------------------
3) SEC USE ONLY
--------------------------------------------------------------------------------
4) SOURCE OF FUNDS
Not Applicable
--------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(D) OR 2(E) [_]
--------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
--------------------------------------------------------------------------------
7) SOLE VOTING POWER
0
NUMBER OF -------------------------------------------------------------
SHARES 8) SHARED VOTING POWER
BENEFICIALLY 1,641,708 *
OWNED BY -------------------------------------------------------------
EACH 9) SOLE DISPOSITIVE POWER
REPORTING 0
PERSON WITH -------------------------------------------------------------
10) SHARED DISPOSITIVE POWER
1,641,708 *
--------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,641,708 *
--------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.85%**
--------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
* Includes warrants exercisable into 129,609 Shares and notes convertible into
1,512,098 Shares.
** Based on 192,995,691 Shares outstanding (on an as converted basis) as of
August 20, 2007.
10
SCHEDULE 13D
CUSIP NO. 913347 10 0
--------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
IDB Development Corporation Ltd. ("IDB Development")
--------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
--------------------------------------------------------------------------------
3) SEC USE ONLY
--------------------------------------------------------------------------------
4) SOURCE OF FUNDS
Not Applicable
--------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(D) OR 2(E) [_]
--------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
--------------------------------------------------------------------------------
7) SOLE VOTING POWER
0
NUMBER OF -------------------------------------------------------------
SHARES 8) SHARED VOTING POWER
BENEFICIALLY 24,814,731*
OWNED BY -------------------------------------------------------------
EACH 9) SOLE DISPOSITIVE POWER
REPORTING 0
PERSON WITH -------------------------------------------------------------
10) SHARED DISPOSITIVE POWER
24,814,731*
--------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
24,814,731*
--------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
12.86%**
--------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
* Includes warrants exercisable into 6,655,543 Shares, debentures convertible
into 1,309,156 Shares and notes convertible into 1,512,098 Shares. The
24,814,731 Shares include, among others, 54,942 Shares (the "CIEH Shares")
beneficially owned by a wholly owned subsidiary of Clal Insurance Enterprises
Holdings Ltd. ("CIEH"), a subsidiary of IDB Development, for its own account.
** Based on 192,995,691 Shares outstanding (on an as converted basis) as of
August 20, 2007.
11
SCHEDULE 13D
CUSIP NO. 913347 10 0
--------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
IDB Holding Corporation Ltd.
--------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
--------------------------------------------------------------------------------
3) SEC USE ONLY
--------------------------------------------------------------------------------
4) SOURCE OF FUNDS
Not applicable
--------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(D) OR 2(E) [_]
--------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
--------------------------------------------------------------------------------
7) SOLE VOTING POWER
0
NUMBER OF -------------------------------------------------------------
SHARES 8) SHARED VOTING POWER
BENEFICIALLY 24,814,731*
OWNED BY -------------------------------------------------------------
EACH 9) SOLE DISPOSITIVE POWER
REPORTING 0
PERSON WITH -------------------------------------------------------------
10) SHARED DISPOSITIVE POWER
24,814,731*
--------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
24,814,731*
--------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
12.86%**
--------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
CO
--------------------------------------------------------------------------------
* Includes warrants exercisable into 6,655,543 Shares, debentures convertible
into 1,309,156 Shares and notes convertible into 1,512,098 Shares. The
24,814,731 Shares include, among others, the CIEH Shares.
** Based on 192,995,691 Shares outstanding (on an as converted basis) as of
August 20, 2007.
12
SCHEDULE 13D
CUSIP NO. 913347 10 0
--------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Nochi Dankner
--------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
--------------------------------------------------------------------------------
3) SEC USE ONLY
--------------------------------------------------------------------------------
4) SOURCE OF FUNDS
Not applicable
--------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(D) OR 2(E) [_]
--------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
--------------------------------------------------------------------------------
7) SOLE VOTING POWER
0
NUMBER OF -------------------------------------------------------------
SHARES 8) SHARED VOTING POWER
BENEFICIALLY 24,814,731*
OWNED BY -------------------------------------------------------------
EACH 9) SOLE DISPOSITIVE POWER
REPORTING 0
PERSON WITH -------------------------------------------------------------
10) SHARED DISPOSITIVE POWER
24,814,731*
--------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
24,814,731*
--------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
12.86%**
--------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
* Includes warrants exercisable into 6,655,543 Shares, debentures convertible
into 1,309,156 Shares and notes convertible into 1,512,098 Shares. The
24,814,731 Shares include, among others, the CIEH Shares.
** Based on 192,995,691 Shares outstanding (on an as converted basis) as of
August 20, 2007.
13
SCHEDULE 13D
CUSIP NO. 913347 10 0
--------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Shelly Bergman
--------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
--------------------------------------------------------------------------------
3) SEC USE ONLY
--------------------------------------------------------------------------------
4) SOURCE OF FUNDS
Not applicable
--------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(D) OR 2(E) [_]
--------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
--------------------------------------------------------------------------------
7) SOLE VOTING POWER
0
NUMBER OF -------------------------------------------------------------
SHARES 8) SHARED VOTING POWER
BENEFICIALLY 24,814,731*
OWNED BY -------------------------------------------------------------
EACH 9) SOLE DISPOSITIVE POWER
REPORTING 0
PERSON WITH -------------------------------------------------------------
10) SHARED DISPOSITIVE POWER
24,814,731*
--------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
24,814,731*
--------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
12.86%**
--------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
* Includes warrants exercisable into 6,655,543 Shares, debentures convertible
into 1,309,156 Shares and notes convertible into 1,512,098 Shares. The
24,814,731 Shares include, among others, the CIEH Shares.
** Based on 192,995,691 Shares outstanding (on an as converted basis) as of
August 20, 2007.
14
SCHEDULE 13D
CUSIP NO. 913347 10 0
--------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Ruth Manor
--------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
--------------------------------------------------------------------------------
3) SEC USE ONLY
--------------------------------------------------------------------------------
4) SOURCE OF FUNDS
Not applicable
--------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(D) OR 2(E) [_]
--------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
--------------------------------------------------------------------------------
7) SOLE VOTING POWER
0
NUMBER OF -------------------------------------------------------------
SHARES 8) SHARED VOTING POWER
BENEFICIALLY 24,814,731*
OWNED BY -------------------------------------------------------------
EACH 9) SOLE DISPOSITIVE POWER
REPORTING 0
PERSON WITH -------------------------------------------------------------
10) SHARED DISPOSITIVE POWER
24,814,731*
--------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
24,814,731*
--------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
--------------------------------------------------------------------------------
13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
12.86%**
--------------------------------------------------------------------------------
14) TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
* Includes warrants exercisable into 6,655,543 Shares, debentures convertible
into 1,309,156 Shares and notes convertible into 1,512,098 Shares. The
24,814,731 Shares include, among others, the CIEH Shares.
** Based on 192,995,691 Shares outstanding (on an as converted basis) as of
August 20, 2007.
15
SCHEDULE 13D
CUSIP NO. 913347 10 0
--------------------------------------------------------------------------------
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Avraham Livnat
--------------------------------------------------------------------------------
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [X]
--------------------------------------------------------------------------------
3) SEC USE ONLY
--------------------------------------------------------------------------------
4) SOURCE OF FUNDS
Not applicable
--------------------------------------------------------------------------------
5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(D) OR 2(E) [_]
--------------------------------------------------------------------------------
6) CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
--------------------------------------------------------------------------------
7) SOLE VOTING POWER
0
NUMBER OF -------------------------------------------------------------
SHARES 8) SHARED VOTING POWER
BENEFICIALLY 24,814,731*
OWNED BY -------------------------------------------------------------
EACH 9) SOLE DISPOSITIVE POWER
REPORTING 0
PERSON WITH -------------------------------------------------------------
10) SHARED DISPOSITIVE POWER
24,814,731*
--------------------------------------------------------------------------------
11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
24,814,731*
--------------------------------------------------------------------------------
12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
[_]
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13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
12.86%**
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14) TYPE OF REPORTING PERSON
IN
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* Includes warrants exercisable into 6,655,543 Shares, debentures convertible
into 1,309,156 Shares and notes convertible into 1,512,098 Shares. The
24,814,731 Shares include, among others, the CIEH Shares.
** Based on 192,995,691 Shares outstanding (on an as converted basis) as of
August 20, 2007.
16
This Amendment No. 3 amends and supplements the Statement on Schedule 13D,
as amended (the "Statement") in respect of the shares of Common Stock, par value
$0.001 per share (the "Shares"), of Unity Wireless Corporation (the "Issuer"),
filed by Israel Infinity Venture Capital (Corporate General Partner) Ltd.,
Infinity I Annex Fund (General Partner) Ltd., FBR Infinity II Venture Partners
Ltd., Clal Venture Capital Fund Management Ltd., Clal Industries and Investments
Ltd., Clalit Finance and Investments Ltd., RDC Rafael Development Corporation
Ltd., Elron Electronic Industries Ltd., ECI Telecom Ltd., Discount Investment
Corporation Ltd., IDB Development Corporation Ltd., IDB Holding Corporation
Ltd., Mr. Nochi Dankner, Mrs. Shelly Bergman, Mrs. Ruth Manor and Mr. Avraham
Livnat (collectively, the "Reporting Persons"), with the Securities and Exchange
Commission.
Capitalized terms used herein but not otherwise defined shall have the
meanings ascribed to such terms in the Statement.
The following amends and supplements Items 2, 5 and 6.
ITEM 2. IDENTITY AND BACKGROUND
On November 11, 2007 CVCM sold all the Shares beneficially owned by it (see
Item 6). Consequently, this is the last filing of the statement with respect to
the securities of the Issuer by CVCM.
On September 28, 2007 both Koor and Clal Industries completed the sale of
all of their shareholdings in ECI, which previously reported beneficial
ownership of the Shares. Consequently, ECI ceased to be a Reporting Person with
respect to such securities.
As of November 11, 2007:
Ganden Holdings owns approximately 50% of the outstanding shares of IDB
Holding (of which, approximately 12.31% of the outstanding shares of IDB Holding
are held directly and approximately 37.7% of the outstanding shares of IDB
Holding are held through Ganden. In addition, Shelly Bergman holds, through a
wholly owned company, approximately 4.2% of the outstanding shares of IDB
Holding.
Manor Holdings owns approximately 11.7% of the outstanding shares of IDB
Holding (of which, approximately 1.3% are held directly and approximately 10.39%
of the outstanding shares of IDB Holding are held through Manor. Manor also
holds directly approximately 0.32% of the outstanding shares of IDB Development.
Avraham Livnat Ltd owns approximately 11.7% of the outstanding shares of
IDB Holding (of which, approximately 1.36% are held directly and approximately
10.34% of the outstanding shares of IDB Holding are held through Livnat.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
(a), (b) Percentages are based on 192,995,691 Shares outstanding (on an as
converted basis), consisting of 168,180,964 Shares outstanding as of August 20,
2007, based on the Issuer's Form 10QSB filed with the SEC on August 20, 2007,
and the 24,814,731 Shares (on an as converted and as exercised basis)
beneficially owned by the Reporting Persons (in the aggregate).
As of November 11, 2007:
(1) Infinity I GP is the beneficial owner of 1,249,672 Shares (including
Celletra Warrants exercisable into 384,514 Shares) owned by the Infinity I
Funds, representing approximately 0.65% of the Shares outstanding (on an as
converted basis).
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(2) Infinity Annex GP is the beneficial owner of 7,973,023 Shares
(including Celletra Warrants exercisable into 2,453,238 Shares) owned by the
Infinity Annex Fund, representing approximately 4.13% of the Shares outstanding
(on an as converted basis).
(3) Infinity II GP is the beneficial owner of 13,812,983 Shares (including
Celletra Warrants and December Warrants exercisable into an aggregate of
4,300,501 Shares) owned by the Infinity II Funds, representing approximately
7.15% of the Shares outstanding (on an as converted basis).
By reason of the relationships among Infinity I LP, Infinity I GP, Infinity
Annex GP, Infinity II LP and Infinity II GP (together, the "Infinity Group"),
demonstrated by (1) the overlapping directors and partners of the Infinity Funds
and (2) their agreement in connection with the designation of directors to the
Board of Directors of the Issuer as described in Item 4 above, they may be
deemed to constitute a "group" within the meaning of Section 13(d)(3) of the
Exchange Act. Consequently, the Infinity Group may be deemed to be the
beneficial owners, and to share the power to vote and dispose of, 23,035,678
Shares owned in the aggregate by the Infinity Funds (as described in clauses (1)
through (3) above) (the "Infinity Shares"), representing approximately 11.93% of
the Shares outstanding (on an as converted basis). Each of these Reporting
Persons disclaims the existence of such Infinity Group and disclaims beneficial
ownership of all of the Shares, other than those reported hereinabove as being
beneficially owned by such Reporting Person.
(4) By reason of the interests of Clal Industries in the Infinity Funds as
described in Item 2 of the Statement, it may be deemed to control the Infinity
Group. Consequently, Clal Industries may be deemed to be the beneficial owner,
and to share the Infinity Group the power to vote and dispose of 23,035,678
Shares owned in the aggregate by the Infinity Funds, representing approximately
11.93% of the Shares outstanding (on an as converted basis). Clal Industries
disclaims the existence of a "group" within the meaning of Section 13(d)(3) of
the Exchange Act and disclaims beneficial ownership of the Infinity Shares.
(5) Clalit Finance is the beneficial owner, and shares with IDB Development
the power to vote 82,406 Shares and the power to dispose of 25,368 Shares
(including Celletra Warrants exercisable into 25,356 Shares) owned by Clalit
Finance, representing approximately 0.04% of the Shares outstanding (on an as
converted basis).
(6) RDC is the beneficial owner, and shares with Elron and DIC the power to
vote and dispose, of the 789,497 Shares (including Avantry Warrants exercisable
into 62,330 Shares and Notes convertible into 727,167 Shares) owned by RDC,
representing approximately 0.41% of the Shares outstanding (on an as converted
basis).
(7) Elron is the beneficial owner, and shares with RDC and DIC the power to
vote and dispose, of the 1,073,566 Shares (including Avantry Warrants
exercisable into 84,756 Shares and Notes convertible into 988,810 Shares) owned
in the aggregate by Elron and RDC, representing approximately 0.56% of the
Shares outstanding (on an as converted basis).
(8) DIC is the beneficial owner, and may be deemed to share with Elron the
power to vote and dispose of, 1,641,708 Shares (including Avantry Warrants
exercisable into 129,609 Shares and notes convertible into 1,512,098 Shares)
owned in the aggregate by DIC and beneficially owned by Elron representing
approximately 0.85% of the Shares outstanding (on an as converted basis).
(9) IDB Development is the beneficial owner, and may be deemed to share
with DIC and Clal Industries the power to vote and dispose of, 24,814,731 Shares
owned in the aggregate by IDB Development (including its wholly owned
subsidiary, Clalit Finance) and beneficially owned by DIC and Clal Industries
(including the Infinity Shares), representing approximately 12.86% of the Shares
outstanding (on an as converted basis). IDB Development may also be deemed to
share the power to vote and dispose of the 54,938 Shares (including Celletra
Warrants exercisable into 16,904 Shares) held by Clal Insurance Enterprises
Holdings Ltd. and its wholly owned subsidiary (the "CIEH Shares"), for a total
of 24,814,731 Shares (including Celletra Warrants exercisable into 6,452,838
Shares, Avantry Warrants exercisable into 198,628 Shares, Avantry Notes
convertible into 1,512,098 Shares, Debentures convertible into 1,309,156 Shares
and December Warrants exercisable into 654,578 Shares) in the aggregate,
representing approximately 12.86% of the Shares outstanding (on an as converted
basis). IDB Development disclaims beneficial ownership of all Shares other than
the Shares owned by IDB Development and its wholly owned subsidiary Clalit
Finance.
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(10) IDB Holding and the Reporting Persons who are natural persons may be
deemed to share the power to vote and dispose of the 24,814,731 Shares
beneficially owned by IDB Development, representing approximately 12.86% of the
Shares outstanding (on an as converted basis). IDB Holding and the Reporting
Persons who are natural persons disclaim beneficial ownership of these shares.
Information provided to the Reporting Person indicates that the persons
named in Schedules A through J to the Statement did not beneficially own any
Shares as of November 11, 2007.
(c) The Reporting Persons have not effected any transactions in the Shares in
the past 60 days ending on November 11, 2007, except as set forth above.
Information provided to the Reporting Persons indicates that none of the persons
named in Schedules A through J to the Statement purchased or sold any Shares
during the last 60 days ending on November 11, 2007.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDING OR RELATIONSHIPS WITH RESPECT TO
SECURITIES OF THE ISSUER.
On November 11, 2007, Clal Industries, Clal Electronics and CVCM sold,
pursuant to the Purchase Agreement, all of their securities of the Issuer,
consisting of 5,126,416 Shares, Celletra Warrants to purchase 2,278,412 Shares,
Avantry Warrants to purchase 119,963 Shares and Notes in the principal amount of
$349,893.48 for an aggregate purchase price of $100,000.
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SIGNATURES
After reasonable inquiry and to the best knowledge and belief of the
undersigned, the undersigned certifies that the information set forth in this
statement is true, complete and correct.
Dated: November 12, 2007
Israel Infinity Venture Capital (Corporate General Partner) Ltd.
Infinity I Annex Fund (General Partner) Ltd.
FBR Infinity II Venture Partners Ltd.
Clal Venture Capital Fund Management Ltd.
Clal Industries and Investments Ltd.
Clalit Finance and Investments Ltd.
RDC Rafael Development Corporation Ltd.
Elron Electronic Industries Ltd.
Discount Investment Corporation Ltd.
IDB Development Corporation Ltd.
IDB Holding Corporation Ltd.
Mr. Nochi Dankner
Mrs. Shelly Bergman
Mrs. Ruth Manor
Mr. Avraham Livnat
BY: CLAL INDUSTRIES AND INVESTMENTS LTD.
BY: /s/ Boaz Simons /s/ Yehuda Ben Ezra
-----------------------------------
Boaz Simons and Yehuda Ben Ezra, authorized signatories of
Clal Industries and Investments Ltd., for itself and on
behalf of the other Reporting Persons pursuant to agreement
annexed as Exhibit 1 to the Statement.
20