Delaware
(State
or other jurisdiction of
incorporation
or organization)
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36-4135495
(I.R.S.
Employer
Identification
No.)
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Large accelerated filer
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x |
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Accelerated filer
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o
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Non-accelerated
filer
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o |
(Do
not check if a smaller reporting company)
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Smaller reporting company
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o
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Title
of each class of
securities
to be registered(1)
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Amount
to be
registered(1)
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Proposed
maximum
offering
price
per
unit(1)
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Proposed
maximum aggregate
offering
price(1)
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Amount
of
registration
fee(1)
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Common
Stock, $0.01 par value per share
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Preferred
Stock, $0.01 par value per share
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Senior
or Subordinated Debt Securities
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Convertible
Debt Securities
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Warrants
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(1)
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An
indeterminate aggregate initial offering price or number of the securities
of each identified class is being registered as may from time to time be
offered at indeterminate prices. Separate consideration may or may not be
received for securities that are issuable on exercise, conversion or
exchange of other securities or that are issued in units. In accordance
with Rules 456(b) and 457(r), the Registrant is deferring payment of
all of the registration fee and will pay the registration fee subsequently
in advance or on a “pay-as-you-go
basis.”
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PROSPECTUS
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March
24, 2009
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Page
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The
Company
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1
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About
this prospectus
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1
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Where
you can find more information
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2
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Incorporation
by reference
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2
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Risk
factors
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3
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Use
of proceeds
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3
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Description
of the securities
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3
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Ratio
of earnings to fixed charges and deficiency in the coverage of earnings to
fixed charges
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4
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Selling
security holders
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4
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Legal
matters
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4
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Experts
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4
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Forward-looking
statements
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5
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●
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Our
Annual Report on Form 10-K for the fiscal year ended
December 31, 2008 (including the portions of our proxy statement for
our 2009 annual meeting of stockholders incorporated by reference therein)
filed on February 26, 2009;
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●
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Our
Current Reports on Form 8-K filed on January 21, 2009, February 13,
2009, February 18, 2009, March 3, 2009, March 13, 2009 and March 20,
2009; and
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●
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The
description of our common stock set forth in our Registration Statement on
Form 8-A, dated April 24, 1997, as
amended.
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●
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shares
of common stock;
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●
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shares
of preferred stock;
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●
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debt
securities, which may be senior or
subordinated;
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●
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convertible
senior subordinated debt securities; or
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●
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warrants
exercisable for common stock, preferred stock or debt
securities.
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Year Ended December 31,
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||||||||||||||||||||
2008(2)
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2007
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2006
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2005
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2004
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(in
thousands, except ratios)
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Ratio
of earnings to fixed charges(1)
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– | 22.50 | 15.51 | 6.85 | – | |||||||||||||||
Deficiency
in the coverage of earnings to
fixed
charges(1)
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$ | (236,445 | ) | – | – | – | $ | (6,272 | ) |
(1)
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In
computing the ratio of earnings to fixed charges or deficiency in the
coverage of earnings to fixed charges, earnings consist of income (loss)
before income taxes, equity in losses of OFS BrightWave, LLC, net gain on
OFS BrightWave, LLC transaction and gain on OFS BrightWave, LLC
receivable, plus fixed charges and amortization of capitalized
interest. Fixed charges consist of interest expense,
amortization of capitalized expense related to indebtedness and an
estimate of the interest component of rent expense under operating
leases. Where earnings are inadequate to cover fixed charges,
the deficiency is reported.
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(2)
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Excluding
the non-cash goodwill and other intangible asset impairment charges of
$397,093 (pre-tax) during the year ended December 31, 2008, the ratio of
earnings to fixed charges for 2008 would be
1.99.
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Amount to
be
paid
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Securities
and Exchange Commission registration fee
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*
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Printing
fees
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**
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Legal
fees and charges
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**
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Accounting
fees and expenses
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**
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Trustee
fees and expenses
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**
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Miscellaneous
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**
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TOTAL
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**
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Exhibit
No.
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Description
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1.1
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Form
of Underwriting Agreement(1)
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3.1
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Amended
and Restated Certificate of Incorporation of the registrant (incorporated
herein by reference to Exhibit 3.1 from the Company’s Quarterly Report on
Form 10-Q for the quarterly period ended June 30, 1997)
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3.1.1
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Certificate
of Elimination of Series A Junior Participating Preferred Stock of the
registrant (incorporated herein by reference to Exhibit 3.1 from the
Company’s Current Report on Form 8-K dated January 21,
2009)
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3.2
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Amended
and Restated By-laws of the registrant (incorporated herein by reference
to Exhibit 3.2 from the Company’s Current Report on Form 8-K dated January
21, 2009)
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4.1
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Form
of Indenture for Senior Debt Securities(2)
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4.2
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Form
of Indenture for Subordinated Debt Securities(2)
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4.3
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Form
of Indenture for Convertible Senior Subordinated Debt
Securities(2)
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4.4
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Form
of Senior Debt Security (included in Exhibit
4.1)
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4.5
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Form
of Subordinated Debt Security (included in Exhibit 4.2)
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4.6
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Form
of Convertible Senior Subordinated Debt Security (included in Exhibit
4.3)
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4.7
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Form
of Warrant Agreement(3)
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4.8
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Form
of Warrant (included in Exhibit 4.7)
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4.9
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Specimen
Stock Certificate (incorporated herein by reference to Exhibit 4.2 from
the Company’s Registration Statement on Form S-4 (Reg. No. 333-23935)
filed June 13, 1997)
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5.1
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Opinion
of Fried, Frank, Harris, Shriver & Jacobson LLP as to the legality of
the securities being registered(2)
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12.1
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Statement
regarding ratio of earnings to fixed charges and deficiency in the
coverage of earnings to fixed charges(2)
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23.1
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Consent
of Ernst & Young LLP(2)
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23.2
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Consent
of Deloitte & Touche LLP(2)
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23.3
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Consent
of Fried, Frank, Harris, Shriver & Jacobson LLP (included in the
opinion filed as Exhibit 5.1)
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24.1
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Power
of Attorney (included on signature page)
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25.1
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Statement
of eligibility of U.S. Bank National Association, as Trustee under the
Indenture for Senior Debt Securities, on Form T-1(2)
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25.2
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Statement
of eligibility of U.S. Bank National Association, as Trustee under the
Indenture for Subordinated Debt Securities, on Form
T-1(2)
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25.3
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Statement
of eligibility of U.S. Bank National Association, as Trustee under the
Indenture for Convertible Senior Subordinated Debt Securities, on Form
T-1(2)
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COMMSCOPE, INC
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By:
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/s/
Frank M. Drendel
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Frank
M. Drendel
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Chairman
and Chief Executive Officer
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Signature
Name
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Title
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/s/
Frank M. Drendel
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Chairman
and Chief Executive Officer
(Principal
Executive Officer)
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Frank
M. Drendel
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/s/
Jearld L. Leonhardt
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Executive
Vice President and Chief Financial Officer (Principal Financial
Officer)
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Jearld L.
Leonhardt
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/s/
William R. Gooden
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Senior
Vice President and Controller (Principal Accounting
Officer)
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William R.
Gooden
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/s/
Boyd L. George
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Director
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Boyd L.
George
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Director
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George N. Hutton,
Jr.
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/s/
Katsuhiko Okubo
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Director
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Katsuhiko
Okubo
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/s/
Richard C. Smith
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Director
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Richard C.
Smith
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/s/
June E. Travis
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Director
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June E.
Travis
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/s/
James N. Whitson
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Director
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James
N. Whitson
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Exhibit
No.
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Description
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1.1
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Form
of Underwriting Agreement(1)
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3.1
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Amended
and Restated Certificate of Incorporation of the registrant (incorporated
herein by reference to Exhibit 3.1 from the Company’s Quarterly Report on
Form 10-Q for the quarterly period ended June 30, 1997)
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3.1.1
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Certificate
of Elimination of Series A Junior Participating Preferred Stock of the
registrant (incorporated herein by reference to Exhibit 3.1 from the
Company’s Current Report on Form 8-K dated January 21,
2009)
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3.2
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Amended
and Restated By-laws of the registrant (incorporated herein by reference
to Exhibit 3.2 from the Company’s Current Report on Form 8-K dated January
21, 2009)
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4.1
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Form
of Indenture for Senior Debt Securities(2)
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4.2
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Form
of Indenture for Subordinated Debt Securities(2)
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4.3
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Form
of Indenture for Convertible Senior Subordinated Debt
Securities(2)
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4.4
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Form
of Senior Debt Security (included in Exhibit 4.1)
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4.5
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Form
of Subordinated Debt Security (included in Exhibit 4.2)
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4.6
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Form
of Convertible Senior Subordinated Debt Security (included in Exhibit
4.3)
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4.7
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Form
of Warrant Agreement(3)
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4.8
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Form
of Warrant (included in Exhibit 4.7)
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4.9
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Specimen
Stock Certificate (incorporated herein by reference to Exhibit 4.2 from
the Company’s Registration Statement on Form S-4 (Reg. No. 333-23935)
filed June 13, 1997)
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5.1
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Opinion
of Fried, Frank, Harris, Shriver & Jacobson LLP as to the legality of
the securities being registered(2)
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12.1
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Statement
regarding ratio of earnings to fixed charges and deficiency in the
coverage of earnings to fixed charges(2)
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23.1
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Consent
of Ernst & Young LLP(2)
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23.2
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Consent
of Deloitte & Touche LLP(2)
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23.3
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Consent
of Fried, Frank, Harris, Shriver & Jacobson LLP (included in the
opinion filed as Exhibit 5.1)
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24.1
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Power
of Attorney (included on signature
page)
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25.1
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Statement
of eligibility of U.S. Bank National Association, as Trustee under the
Indenture for Senior Debt Securities, on Form T-1(2)
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25.2
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Statement
of eligibility of U.S. Bank National Association, as Trustee under the
Indenture for Subordinated Debt Securities, on Form
T-1(2)
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25.3
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Statement
of eligibility of U.S. Bank National Association, as Trustee under the
Indenture for Convertible Senior Subordinated Debt Securities, on Form
T-1(2)
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