SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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Under the Securities Exchange Act of 1934
SCHEDULE 13G
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
SIGA Technologies, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
82 6917-10-6
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(CUSIP Number)
November 1, 2000
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(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)
Page 1 of 6 Pages
SCHEDULE 13G
CUSIP No. 82 6917-10-6 Page 2 of 6 Pages
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1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Panetta Partners, Ltd.
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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
Colorado
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NUMBER 5) SOLE VOTING POWER
OF 574,700 (1)
SHARES ---------------------------------------------------------
BENEFICIALLY 6) SHARED VOTING POWER
OWNED BY None
EACH ---------------------------------------------------------
REPORTING 7) SOLE DISPOSITIVE POWER
PERSON 574,700 (1)
WITH ---------------------------------------------------------
8) SHARED DISPOSITIVE POWER
None
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9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
574,700 (1)
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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)
7.2%
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12) TYPE OF REPORTING PERSON
PN
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(1) Includes 513,200 shares issuable upon exercise of warrants.
Schedule 13G
Item 1(a). Name of Issuer:
SIGA Technologies Inc..
Item 1(b). Address of Issuer's Principal Executive Offices:
420 Lexington Avenue, Suite 620
New York, New York 10170
Item 2(a). Name of Person Filing:
Panetta Partners, Ltd., a limited partnership
Gabriel M. Cerrone is the sole general partner of the filing person.
Item 2(b). Address of Principal Business Office or, if None, Residence:
265 East 66th Street, Suite 16G
New York, NY 10021
Item 2(c). Citizenship:
Colorado
Item 2(d). Title of Class of Securities:
Common Stock
Item 2(e). CUSIP Number:
82 6917-10-6
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 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)
(e) |_| Investment Adviser in accordance withss.
240.13d-1(b)(1)(ii)(E)
(f) |_| Employee benefit plan or endowment fund in accordance
withss.240.13d-1(b)(1)(ii)(F)
(g) |_| Parent Holding Company or control person in accordance
withss.240.13d-1(b)(ii)(G)
(h) |_| Savings Association as defined inss.3(b) of the Federal
Deposit Insurance Act (12 U.S.C. 1813)
(i) |_| Church plan that is excluded from the definition of an
investment company under ss.3(c)(15) of the Investment
Company Act of 1940 (15 U.S.C. 80a-3)
(j) |_| Group, in accordance withss.240.13d-1(b)(ii)(J)
Item 4. Ownership.
(a) Amount beneficially owned: 574,700
(b) Percent of class: 7.2%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote: 574,700
(ii) Shared power to vote or to direct the vote: None
(iii) Sole power to dispose or to direct the disposition
of: 574,700
(iv) Shared power to dispose or to direct the
disposition of: None
The shares reported include 513,200 shares issuable upon the exercise of
warrants.
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 acquired and are held in the
ordinary course of business and 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 such purpose or effect.
SIGNATURE
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.
January 24, 2001
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Date
/s/ Gabriel M. Cerrone
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Signature
Gabriel M. Cerrone, General Partner
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Name/Title