UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)*
ARPEGGIO ACQUISITION CORPORATION
(Name of Issuer)
UNITS, EACH CONSISTING OF ONE SHARE OF COMMON STOCK,
PAR VALUE $0.0001 PER SHARE, AND TWO WARRANTS
COMMON STOCK, PAR VALUE $0.0001 PER SHARE
(Title of Class of Securities)
042689208 (UNITS)
042689109 (COMMON STOCK)
(CUSIP NUMBER)
DECEMBER 31, 2005
(Date of event which requires filing of this statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
|X| Rule 13d-1(b)
|_| 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 10 Pages
CUSIP No. 042689208 13G Page 2 of 10 Pages
CUSIP No. 042689109
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1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Millenco, L.P.
13-3532932
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |X|
(b) |_|
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3. SEC USE ONLY
--------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
NUMBER OF 5. SOLE VOTING POWER
SHARES -0-
-----------------------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 499,000
-----------------------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER
REPORTING -0-
-----------------------------------------------------------------
PERSON 8. SHARED DISPOSITIVE POWER
WITH 499,000
--------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
499,000
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
6.0%
--------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
PN,BD
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 042689208 13G Page 3 of 10 Pages
CUSIP No. 042689109
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1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Millennium Management, L.L.C.
13-3804139
--------------------------------------------------------------------------------
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
SHARES -0-
-----------------------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 499,000
-----------------------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER
REPORTING -0-
-----------------------------------------------------------------
PERSON 8. SHARED DISPOSITIVE POWER
WITH 499,000
--------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
499,000
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
6.0%
--------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
OO
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 042689208 13G Page 4 of 10 Pages
CUSIP No. 042689109
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Israel A. Englander
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |X|
(b) |_|
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
--------------------------------------------------------------------------------
NUMBER OF 5. SOLE VOTING POWER
SHARES -0-
-----------------------------------------------------------------
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 499,000
-----------------------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER
REPORTING -0-
-----------------------------------------------------------------
PERSON 8. SHARED DISPOSITIVE POWER
WITH 499,000
--------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
499,000
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
6.0%
--------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
IN
--------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 042689208 13G Page 5 of 10 Pages
CUSIP No. 042689109
Item 1.
(a) Name of Issuer
Arpeggio Acquisition Corporation, a Delaware corporation (the "Company").
(b) Address of Issuer's Principal Executive Offices:
10 East 53rd Street, 36th Floor
New York, New York 10022
Item 2(a). Name of Person Filing
Item 2(b). Address of Principal Business Office
Item 2(c). Citizenship
Millenco, L.P.
c/o Millennium Management, L.L.C.
666 Fifth Avenue
New York, New York 10103
Citizenship: Delaware
Millennium Management, L.L.C.
666 Fifth Avenue
New York, New York 10103
Citizenship: Delaware
Israel A. Englander
c/o Millennium Management, L.L.C.
666 Fifth Avenue
New York, New York 10103
Citizenship: United States
(d) Title of Class of Securities
Units ("Units"), each consisting of one share of Common Stock, par value
$0.0001 per share and two Warrants ("Warrant").
Common Stock, par value $0.0001 per share ("Common Stock")
(e) CUSIP Number
042689208 (Units)
042689109 (Common Stock)
Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), check
whether the person filing is a:
(a) |X| Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o).
(b) |_| Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c).
(c) |_| Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C.
78c).
(d) |_| Investment company registered under Section 8 of the Investment Company
Act of 1940 (15 U.S.C. 80a-8).
CUSIP No. 042689208 13G Page 6 of 10 Pages
CUSIP No. 042689109
(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) |X| 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 (12 U.S.C. 1813);
(i) |_| A church plan that is excluded from the definition of an investment
company under Section 3(c)(14) of the Investment Company Act of 1940 (15
U.S.C. 80a-3);
(j) |X| 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. |_|
Item 4. Ownership
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.
(a) Amount Beneficially Owned
As of the date of this filing, each Reporting Person may be deemed to be
the beneficial owner of 489,000 Units, owned outright by Millenco, L.P., a
Delaware limited partnership ("Millenco").
Each Unit consists of:
- one share of the Company's Common Stock, par value $0.0001 per
share ("Common Stock"); and
- two Warrants ("Warrant").
Each Warrant entitles the holder to purchase one share of the Company's
Common Stock at a price of $5.00. Each Warrant will become exercisable on the
Company's completion of a business combination and will expire on June 23, 2008,
or earlier upon redemption. Millenco also holds an additional 10,000 shares of
Common Stock.
Millennium Management, L.L.C., a Delaware limited liability company
("Millennium Management"), is the general partner of Millenco, and consequently
may be deemed to have voting control and investment discretion over securities
owned by Millenco. Israel A. Englander ("Mr. Englander") is the managing member
of Millennium Management. As a result, Mr. Englander may be deemed to be the
beneficial owner of any shares deemed to be beneficially owned by Millennium
Management. The foregoing should not be construed in and of itself as an
admission by Millennium Management or Mr. Englander as to beneficial ownership
of the shares owned by Millenco.
Note: Millennium Partners, L.P., a Cayman Islands limited partnership
("Partners"), is a limited partner of Millenco. As a limited partner, Partners
has no investment or voting control over Millenco or its securities positions.
CUSIP No. 042689208 13G Page 7 of 10 Pages
CUSIP No. 042689109
(b) Percent of Class
6.0% (see Item 4(a) above), which percentage was calculated based on
8,300,000 shares of Common Stock outstanding as of November 8, 2005, as reported
in the Company's Quarterly Report on Form 10-QSB, dated as of November 8, 2005.
(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
499,000
(iii) Sole power to dispose or to direct the disposition of
-0-
(iv) Shared power to dispose or to direct the disposition of
499,000
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 person has ceased to be the beneficial owner of more than
five percent of the class of securities, check the following |_|.
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
Not applicable.
Item 8. Identification and Classification of Members of the Group
See Exhibit I.
Item 9. Notice of Dissolution of Group
Not applicable.
Item 10. Certification
By signing below each of the undersigned certifies that, to the best of its
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.
CUSIP No. 042689208 13G Page 8 of 10 Pages
CUSIP No. 042689109
Exhibits:
Exhibit I: Joint Filing Agreement, dated as of January 23, 2006, by and among
Millenco, L.P., Millennium Management, L.L.C. and Israel A. Englander.
CUSIP No. 042689208 13G Page 9 of 10 Pages
CUSIP No. 042689109
SIGNATURE
After reasonable inquiry and to the best of its knowledge and belief, each of
the undersigned certifies that the information with respect to it set forth in
this statement is true, complete, and correct.
Dated: January 23, 2006
MILLENCO, L.P.
By: Millennium Management, L.L.C.
its general partner
By: /s/ Terry Feeney
---------------------------------
Name: Terry Feeney
Title: Chief Operating Officer
MILLENNIUM MANAGEMENT, L.L.C.
By: /s/ Terry Feeney
---------------------------------
Name: Terry Feeney
Title: Chief Operating Officer
/s/ Israel A. Englander by David
Nolan pursuant to Power of Attorney
filed with SEC on June 6, 2005
------------------------------------
ISRAEL A. ENGLANDER
CUSIP No. 042689208 13G Page 10 of 10 Pages
CUSIP No. 042689109
EXHIBIT I
JOINT FILING AGREEMENT
This will confirm the agreement by and among the undersigned that the Schedule
13G filed with the Securities and Exchange Commission on or about the date
hereof with respect to the beneficial ownership by the undersigned of the Units,
each consisting of one share of Common Stock, par value $0.0001 per share, and
two Warrants, and Common Stock, par value $0.0001 per share, of Arpeggio
Acquisition Corporation, a Delaware corporation, is being filed, and all
amendments thereto will be filed, on behalf of each of the persons and entities
named below in accordance with Rule 13d-1(k) under the Securities Exchange Act
of 1934, as amended. This Agreement may be executed in two or more counterparts,
each of which shall be deemed an original, but all of which together shall
constitute one and the same instrument.
Dated: January 23, 2006
MILLENCO, L.P.
By: Millennium Management, L.L.C.
its general partner
By: /s/ Terry Feeney
--------------------------------
Name: Terry Feeney
Title: Chief Operating Officer
MILLENNIUM MANAGEMENT, L.L.C.
By: /s/ Terry Feeney
--------------------------------
Name: Terry Feeney
Title: Chief Operating Officer
/s/ Israel A. Englander by David
Nolan pursuant to Power of Attorney
filed with SEC on June 6, 2005
-----------------------------------
ISRAEL A. ENGLANDER