UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Exide Technologies
(Name of Issuer)
Common Stock, par value $0.01
(Title of Class of Securities)
302051 20 6
(CUSIP Number)
November 9, 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:
|_| 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 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 ("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).
CUSIP No. 302051206
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1. NAME OF REPORTING PERSON
I.R.S. INDENTIFICATION NO. OF ABOVE PERSON (entities only)
Arklow Capital, LLC
20-1836406
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) |_|
(b) |_|
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION:
Delaware
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NUMBER 5. SOLE VOTING POWER
OF SHARES
BENEFICIALLY 1,360,898*
OWNED BY ------------------------------------------------------------------
EACH 6. SHARED VOTING POWER
REPORTING
PERSON 0
WITH ------------------------------------------------------------------
7. SOLE DISPOSITIVE POWER
1,360,898*
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8. SHARED DISPOSITIVE POWER
0
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,360,898*
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
|_|
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.5
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12. TYPE OF REPORTING PERSON:
OO
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* Includes 740,200 shares of Common Stock that the reporting person has the
right to acquire within sixty (60) days of November 9, 2005 upon the exercise of
warrants.
ITEM 1.
The issuer is Exide Technologies. The principal executive offices of Exide
Technologies are located at 13000 Deerfield Parkway, Building 200, Alpharetta,
Georgia.
ITEM 2.
The entity filing this Form 13G is Arklow Capital, LLC. The principal
executive office of Arklow Capital, LLC is located at 270 Park Avenue, Suite
900, New York, N.Y. 10017. Arklow Capital, LLC is a Delaware limited liability
company.
The class of securities reported under this Form 13G is Exide Technologies
Common Stock, par value $0.01 per share. The CUSIP Number of the class of
securities is 302051 20 6.
ITEM 3.
Not applicable.
ITEM 4. OWNERSHIP
Arklow Capital, LLC beneficially owns 1,360,898 shares of Exide
Technologies Common Stock, including 740,200 shares of Exide Technologies Common
Stock that Arklow Capital, LLC has the right to acquire within 60 days of
November 9, 2005 through the exercise of warrants to acquire Exide Technologies
Common Stock. The number of shares that Arklow Capital, LLC beneficially owns
represents 5.5 percent of Exide Technologies Common Stock. Arklow Capital, LLC
has the sole power to vote or to direct the vote and the sole power to dispose
or direct the disposition of these shares.
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
Not applicable.
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.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
November 18, 2005
Brian O'Donoghue
--------------------------
Managing Director,
Arklow Capital, LLC