UNITED STATES
SECURITIES EXCHANGE COMMISSION
Washington, D.C. 20549
--------------------------------------------------------------------------------
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)
Infospace, Inc.
---------------
(Name of Issuer)
Common Stock, par value $.0001 per share
----------------------------------------
(Title of Class of Securities)
45678T201
---------
(CUSIP Number)
December 31, 2004
-----------------
(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).
Continued on following pages
Page 1 of 10 Pages
SCHEDULE 13G
CUSIP No.: 45678T201 Page 2 of 10 Pages
................................................................................
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
CLOVIS CAPITAL MANAGEMENT, 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
................................................................................
Number of 5. Sole Voting Power None
Shares .............................................................
Beneficially 6. Shared Voting Power 225,000
Owned by Each .............................................................
Reporting 7. Sole Dispositive Power None
Person With .............................................................
8. Shared Dispositive Power 225,000
................................................................................
9. Aggregate Amount Beneficially Owned by Each Reporting Person
225,000
................................................................................
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions)
[ ]
................................................................................
11. Percent of Class Represented by Amount in Row (9)
0.7% based on 32,726,394 shares outstanding as of October 29, 2004
................................................................................
12. Type of Reporting Person:
PN
SCHEDULE 13G
CUSIP No.: 45678T201 Page 3 of 10 Pages
................................................................................
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
CLOVIS CAPITAL GROUP, LLC
................................................................................
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
................................................................................
Number of 5. Sole Voting Power None
Shares .............................................................
Beneficially 6. Shared Voting Power 225,000
Owned by Each .............................................................
Reporting 7. Sole Dispositive Power None
Person With .............................................................
8. Shared Dispositive Power 225,000
................................................................................
9. Aggregate Amount Beneficially Owned by Each Reporting Person
225,000
................................................................................
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions)
[ ]
................................................................................
11. Percent of Class Represented by Amount in Row (9)
0.7% based on 32,726,394 shares outstanding as of October 29, 2004
................................................................................
12. Type of Reporting Person:
OO
SCHEDULE 13G
CUSIP No.: 45678T201 Page 4 of 10 Pages
................................................................................
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
CLOVIS CAPITAL PARTNERS (CAYMAN), 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, British West Indies
................................................................................
Number of 5. Sole Voting Power None
Shares .............................................................
Beneficially 6. Shared Voting Power 225,000
Owned by Each .............................................................
Reporting 7. Sole Dispositive Power None
Person With .............................................................
8. Shared Dispositive Power 225,000
................................................................................
9. Aggregate Amount Beneficially Owned by Each Reporting Person
225,000
................................................................................
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions)
[ ]
................................................................................
11. Percent of Class Represented by Amount in Row (9)
0.7% based on 32,726,394 shares outstanding as of October 29, 2004
................................................................................
12. Type of Reporting Person:
CO
SCHEDULE 13G
CUSIP No.: 45678T201 Page 5 of 10 Pages
................................................................................
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
CLOVIS CAPITAL PARTNERS INSTITUTIONAL, 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
................................................................................
Number of 5. Sole Voting Power None
Shares .............................................................
Beneficially 6. Shared Voting Power 225,000
Owned by Each .............................................................
Reporting 7. Sole Dispositive Power None
Person With .............................................................
8. Shared Dispositive Power 225,000
................................................................................
9. Aggregate Amount Beneficially Owned by Each Reporting Person
225,000
................................................................................
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions)
[ ]
................................................................................
11. Percent of Class Represented by Amount in Row (9)
0.7% based on 32,726,394 shares outstanding as of October 29, 2004
................................................................................
12. Type of Reporting Person:
PN
SCHEDULE 13G
CUSIP No.: 45678T201 Page 6 of 10 Pages
................................................................................
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
CLOVIS CAPITAL 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
................................................................................
Number of 5. Sole Voting Power None
Shares .............................................................
Beneficially 6. Shared Voting Power 225,000
Owned by Each .............................................................
Reporting 7. Sole Dispositive Power None
Person With .............................................................
8. Shared Dispositive Power 225,000
................................................................................
9. Aggregate Amount Beneficially Owned by Each Reporting Person
225,000
................................................................................
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions)
[ ]
................................................................................
11. Percent of Class Represented by Amount in Row (9)
0.7% based on 32,726,394 shares outstanding as of October 29, 2004
................................................................................
12. Type of Reporting Person:
PN
Page 7 of 10 Pages
Item 1(a). Name of Issuer:
Infospace, Inc. (the "Issuer")
Item 1(b). Address of Issuer's Principal Executive Offices:
601 108th Avenue, NE, Suite 1200, Bellevue, WA 98004
Item 2(a). Name of Person Filing
This Statement is filed on behalf of each of the following
persons (collectively, the "Reporting Persons"):
i) Clovis Capital Management, L.P. ("Clovis Capital
Management");
ii) Clovis Capital Group, LLC ("Clovis Capital Group");
iii) Clovis Capital Partners (Cayman), Ltd. ("Clovis Capital
Partners (Cayman)");
iv) Clovis Capital Partners Institutional, L.P. ("Clovis
Capital Partners Institutional"); and
v) Clovis Capital Partners, L.P. ("Clovis Capital Partners").
This Statement relates to Shares (as defined herein) held for
the accounts of Clovis Capital Partners (Cayman), Clovis Capital Partners
Institutional, and Clovis Capital Partners. Clovis Capital Management serves as
investment manager to each of Clovis Capital Partners (Cayman), Clovis Capital
Partners Institutional, and Clovis Capital Partners. In such capacity, Clovis
Capital Management may be deemed to have voting and dispositive power over the
Shares held for the accounts of each of Clovis Capital Partners (Cayman),
Clovis Capital Partners Institutional and Clovis Capital Partners. Clovis
Capital Group serves as general partner of Clovis Capital Partners
Institutional and Clovis Capital Partners. In such capacity, Clovis Capital
Group may be deemed to have voting and dispositive power over the Shares held
for the accounts of Clovis Capital Partners Institutional and Clovis Capital
Partners.
Item 2(b). Address of Principal Business Office or, if None, Residence
The address of the principal business office of each of Clovis
Capital Management, Clovis Capital Group, Clovis Capital Partners Institutional
and Clovis Capital Partners is 1270 Avenue of the Americas, 27th Floor, New
York, New York 10020. The address of the principal business office of Clovis
Capital Partners (Cayman) is c/o Goldman Sachs (Cayman) Trust, Limited, P.O. Box
896, Harbour Centre, George Town, Grand Cayman, Cayman Islands, British West
Indies.
Item 2(c). Citizenship
i) Clovis Capital Management is a Delaware limited
partnership;
ii) Clovis Capital Group is a Delaware limited liability
company;
iii) Clovis Capital Partners (Cayman) is a Cayman Islands
exempted company;
iv) Clovis Capital Partners Institutional is a Delaware limited
partnership; and
v) Clovis Capital Partners is a Delaware limited partnership.
Page 8 of 10 Pages
Item 2(d). Title of Class of Securities:
Common Stock, par value $.0001 per share (the "Shares")
Item 2(e). CUSIP Number:
45678T201
Item 3. If This Statement is Filed Pursuant to ss.ss.240.13d-1(b) or
240.13d-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) [X] 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)(1)(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).
Item 4. Ownership:
Item 4(a) Amount Beneficially Owned:
As of February 9, 2005, each of the Reporting Persons may be
deemed to be the beneficial owner of 225,000 Shares. This number consists of:
(A) 126,017 Shares held for the account of Clovis Capital Partners (Cayman); (B)
86,342 Shares held for the account of Clovis Capital Partners Institutional; and
(C) 12,641 Shares held for the account of Clovis Capital Partners.
Item 4(b) Percent of Class:
The number of Shares of which each of the Reporting Persons may
be deemed to be the beneficial owner constitutes approximately 0.7% of the total
number of Shares outstanding (based upon information provided by the Issuer in
its most recently-filed Form 10-Q, there were 32,726,394 Shares outstanding as
of October 29, 2004).
Page 9 of 10 Pages
Item 4(c) Number of Shares of which such person has:
Clovis Capital Management, Clovis Capital Group, Clovis Capital Partners
--------------------------------------------------------------------------------
(Cayman), Clovis Capital Partners Institutional and Clovis Capital Partners:
---------------------------------------------------------------------------
(i) Sole power to vote or direct the vote: None
(ii) Shared power to vote or direct the vote: 225,000
(iii) Sole power to dispose or direct the disposition of: None
(iv) Shared power to dispose or direct the disposition of: 225,000
Item 5. Ownership of Five Percent or Less of a Class:
If this statement is being filed to report the fact that as of
the date hereof the Reporting Persons have ceased to be the beneficial owner of
more than five percent of the Shares, check the following [X].
Item 6. Ownership of More than Five Percent on Behalf of Another Person:
This Item 6 is not applicable
Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on By the Parent Holding
Company:
This Item 7 is not applicable.
Item 8. Identification and Classification of Members of the Group:
This Item 8 is not applicable.
Item 9. Notice of Dissolution of Group:
This Item 9 is not applicable.
Item 10. Certification:
By signing below each of the Reporting Persons certifies that, to
the best of their 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 10 of 10 Pages
SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief, the
undersigned certifies that the information set forth in this statement is true,
complete and correct.
Date: February 9, 2005 CLOVIS CAPITAL MANAGEMENT, L.P.
By: /s/ Jeffrey A. Podell
---------------------------------------
Name: Jeffrey A. Podell
Title: Chief Financial Officer
Date: February 9, 2005 CLOVIS CAPITAL GROUP, LLC
By: /s/ Jeffrey A. Podell
---------------------------------------
Name: Jeffrey A. Podell
Title: Chief Financial Officer
Date: February 9, 2005 CLOVIS CAPITAL PARTNERS (CAYMAN), LTD.
By: Clovis Capital Management, L.P.
As Investment Manager
By: /s/ Jeffrey A. Podell
---------------------------------------
Name: Jeffrey A. Podell
Title: Chief Financial Officer
Date: February 9, 2005 CLOVIS CAPITAL PARTNERS INSTITUTIONAL, L.P.
By: Clovis Capital Group, LLC
As General Partner
By: /s/ Jeffrey A. Podell
---------------------------------------
Name: Jeffrey A. Podell
Title: Chief Financial Officer
Date: February 9, 2005 CLOVIS CAPITAL PARTNERS, L.P.
By: Clovis Capital Group, LLC
As General Partner
By: /s/ Jeffrey A. Podell
---------------------------------------
Name: Jeffrey A. Podell
Title: Chief Financial Officer