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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)
SP ACQUISITION HOLDINGS, INC.
(Name of Issuer)
COMMON STOCK, PAR VALUE $0.001 PER SHARE
 
(Title of Class of Securities)
78470A104
 
(CUSIP Number)
OCTOBER 24, 2008
 
(Date of event which requires filing of this statement)
     Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
o Rule 13d-1(b)
þ Rule 13d-1(c)
o 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 11 Pages

 


 

                     
CUSIP No.
 
78470A104 
  Page  
  of   
11 Pages 

 

           
1   NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

Integrated Core Strategies (US) LLC
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **

  (a)   o
  (b)   þ
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  5   SOLE VOTING POWER
     
NUMBER OF   -0-
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   4,815,650
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   -0-
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    4,815,650
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  4,815,650
     
10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)  EXCLUDES CERTAIN SHARES **
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  8.9%
     
12   TYPE OF REPORTING PERSON **
   
  OO
** SEE INSTRUCTIONS BEFORE FILLING OUT!


 

                     
CUSIP No.
 
78470A104 
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11 Pages 

 

           
1   NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

Millenco LLC
13-3532932
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **

  (a)   o
  (b)   þ
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  5   SOLE VOTING POWER
     
NUMBER OF   -0-
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   1,203,400
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   -0-
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    1,203,400
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  1,203,400
     
10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)  EXCLUDES CERTAIN SHARES **
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  2.2%
     
12   TYPE OF REPORTING PERSON **
   
  OO, BD
** SEE INSTRUCTIONS BEFORE FILLING OUT!


 

                     
CUSIP No.
 
78470A104 
  Page  
  of   
11 Pages 

 

           
1   NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

Millennium Management LLC
13-3804139
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **

  (a)   o
  (b)   þ
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  5   SOLE VOTING POWER
     
NUMBER OF   -0-
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   6,019,050
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   -0-
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    6,019,050
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  6,019,050
     
10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)  EXCLUDES CERTAIN SHARES **
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  11.1%
     
12   TYPE OF REPORTING PERSON **
   
  OO
** SEE INSTRUCTIONS BEFORE FILLING OUT!


 

                     
CUSIP No.
 
78470A104 
  Page  
  of   
11 Pages 

 

           
1   NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

Israel A. Englander
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **

  (a)   o
  (b)   þ
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  United States
       
  5   SOLE VOTING POWER
     
NUMBER OF   -0-
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   6,019,050
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   -0-
       
WITH: 8   SHARED DISPOSITIVE POWER
     
    6,019,050
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  6,019,050
     
10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)  EXCLUDES CERTAIN SHARES **
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
   
  11.1%
     
12   TYPE OF REPORTING PERSON **
   
  IN
** SEE INSTRUCTIONS BEFORE FILLING OUT!


 

                     
CUSIP No.
 
78470A104 
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Explanatory Note:
This amendment is being filed to (i) report the transfer of 4,815,650 shares held by Millenco LLC to Integrated Core Strategies (US) LLC, each of which is a wholly-owned subsidiary of the same entity, as a result of which Integrated Core Strategies may be deemed to beneficially own those shares of Common Stock; and (ii) to report other changes as set forth in this filing. See Item 4 for a description of these entities.
Item 1.
(a)   Name of Issuer
 
    SP Acquisition Holdings, Inc., a Delaware corporation (the “Company”).
 
(b)   Address of Issuer’s Principal Executive Offices:
 
590   Madison Avenue, 32nd 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
Integrated Core Strategies (US) LLC
c/o Millennium Management LLC
666 Fifth Avenue
New York, New York 10103
Citizenship: Delaware
Millenco LLC
666 Fifth Avenue
New York, New York 10103
Citizenship: Delaware
Millennium Management LLC
666 Fifth Avenue
New York, New York 10103
Citizenship: Delaware
Israel A. Englander
c/o Millennium Management LLC
666 Fifth Avenue
New York, New York 10103
Citizenship: United States
(d)   Title of Class of Securities
 
    common stock, par value $0.001 per share (“Common Stock”)
 
(e)   CUSIP Number
 
    78470A104
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)   o Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o).

 


 

                     
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(b)   o Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c).
 
(c)   o Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c).
 
(d)   o Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
 
(e)   o An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
 
(f)   o An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);
 
(g)   o A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);
 
(h)   o A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
 
(i)   o 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)   o Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
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, Integrated Core Strategies (US) LLC, a Delaware limited liability company (“Integrated Core Strategies”), may be deemed to be the beneficial owner of 4,815,650 shares of Common Stock. Also as of the date of this filing, Millenco LLC, a Delaware limited liability company (“Millenco”) (formerly known as Millenco, L.P.), may be deemed to be the beneficial owner of 1,203,400 shares of Common Stock. Integrated Core Strategies also holds 2,885,750 warrants of the Company (“Warrants”). Each Warrant entitles the holder to purchase one share of the Company’s Common Stock at a price of $7.50. Each Warrant will become exercisable on the later of the Company’s completion of a business combination or 12 months from the closing of the Company’s initial public offering, and will expire five years from the date of the Company’s prospectus, dated October 10, 2007, or earlier upon redemption. In certain cases, the Warrants and Common Stock are part of the Company’s units.
     Note: Catapult Partners, Ltd., an affiliate of the Reporting Persons, holds 1,017,500 Warrants.
     Millennium Management LLC, a Delaware limited liability company (“Millennium Management”), is the manager of Millenco, and consequently may be deemed to have shared voting control and investment discretion over securities owned by Millenco. Millennium Management is also the general partner of Integrated Holding Group LP, a Delaware limited partnership (“Integrated Holding Group”), which is the managing member of Integrated Core Strategies and consequently may be deemed to have shared voting control and investment discretion over securities owned by Integrated Core Strategies. Israel A. Englander (“Mr. Englander”) is the managing member of Millennium Management. As a result, Mr. Englander may be deemed to have shared voting control and investment discretion over securities deemed to be beneficially owned by Millennium Management. The foregoing should not be construed in and of itself as an admission by Millennium Management, Integrated Holding Group or Mr. Englander as to beneficial ownership of the securities owned by Integrated Core Strategies or Millenco.

 


 

                     
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(b)   Percent of Class
     11.1% of the Company’s Common Stock (see Item 4(a) above), which percentage was calculated based on 54,112,000 shares of Common Stock outstanding as August 13, 2008, as reported by the Company on its Form 10-Q, dated August 14, 2008.
(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
 
      6,019,050
 
  (iii)   Sole power to dispose or to direct the disposition of
 
      -0-
 
  (iv)   Shared power to dispose or to direct the disposition of
 
      6,019,050
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 o.
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

 


 

                     
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78470A104 
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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.
Exhibits:
Exhibit I: Joint Filing Agreement, dated as of November 3, 2008, by and among Integrated Core Strategies (US) LLC, Millenco LLC, Millennium Management LLC and Israel A. Englander.

 


 

                     
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78470A104 
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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: November 3, 2008
             
    INTEGRATED CORE STRATEGIES (US) LLC    
 
           
 
  By:   Integrated Holding Group LP    
 
      its managing member    
 
           
 
  By:   Millennium Management LLC    
 
      its general partner    
 
           
 
  By:   /s/ David Nolan
 
Name: David Nolan
   
 
      Title: Co-President    
 
           
    MILLENCO LLC    
 
           
 
  By:   /s/ Mark Meskin
 
Name: Mark Meskin
   
 
      Title: Chief Executive Officer    
 
           
    MILLENNIUM MANAGEMENT LLC    
 
           
 
  By:   /s/ David Nolan
 
Name: David Nolan
   
 
      Title: Co-President    
 
           
    /s/Israel A. Englander by David Nolan    
         
    pursuant to Power of Attorney    
    filed with SEC on June 6, 2005    
 
           
    Israel A. Englander    

 


 

                     
CUSIP No.
 
78470A104 
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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 shares of Common Stock, par value $0.001 per share, of SP Acquisition Holdings, Inc., a Delaware corporation, 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: November 3, 2008
             
    INTEGRATED CORE STRATEGIES (US) LLC    
 
           
 
  By:   Integrated Holding Group LP    
 
      its managing member    
 
           
 
  By:   Millennium Management LLC    
 
      its general partner    
 
           
 
  By:   /s/ David Nolan
 
Name: David Nolan
   
 
      Title: Co-President    
 
           
    MILLENCO LLC    
 
           
 
  By:   /s/ Mark Meskin
 
Name: Mark Meskin
   
 
      Title: Chief Executive Officer    
 
           
    MILLENNIUM MANAGEMENT LLC    
 
           
 
  By:   /s/ David Nolan
 
Name: David Nolan
   
 
      Title: Co-President    
 
           
    /s/Israel A. Englander by David Nolan    
         
    pursuant to Power of Attorney    
    filed with SEC on June 6, 2005    
 
           
    Israel A. Englander