-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, FLRhY8qalMhNTWDq8sua8AuBHCphssVgzKoiGR6I7EsNzSpZFxfkNGUXKTISUokz bPOlDr4Ja4FRxg7oepRCxg== 0000902664-08-001247.txt : 20080214 0000902664-08-001247.hdr.sgml : 20080214 20080214123434 ACCESSION NUMBER: 0000902664-08-001247 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20071231 FILED AS OF DATE: 20080214 DATE AS OF CHANGE: 20080214 EFFECTIVENESS DATE: 20080214 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Polar Securities Inc. CENTRAL INDEX KEY: 0001326389 IRS NUMBER: 000000000 STATE OF INCORPORATION: A6 FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-12489 FILM NUMBER: 08611438 BUSINESS ADDRESS: STREET 1: 372 BAY STREET STREET 2: 21ST FLOOR CITY: TORONTO STATE: A6 ZIP: M5H 2S6 BUSINESS PHONE: 416-367-4364 MAIL ADDRESS: STREET 1: 372 BAY STREET STREET 2: 21ST FLOOR CITY: TORONTO STATE: A6 ZIP: M5H 2S6 13F-HR 1 p08-0621form13fhr.txt POLAR SECURITIES INC. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2007 ------------------------ Check here if Amendment [ ]; Amendment Number: ----- This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Polar Securities Inc. -------------------------------------------------- Address: 372 Bay Street, 21st Floor -------------------------------------------------- Toronto, Ontario M5H 2N9 -------------------------------------------------- Canada -------------------------------------------------- Form 13F File Number: 028-12489 ------------------ The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Robyn Schultz -------------------------------------------------- Title: Chief Compliance Officer -------------------------------------------------- Phone: 416-369-4453 -------------------------------------------------- Signature, Place, and Date of Signing: /s/ Robyn Schultz Toronto, Ontario Canada 2/14/08 ------------------------ ------------------------------ ---------- Report Type (Check only one.): [ X ] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) Report Summary: Number of Other Included Managers: 0 ------------- Form 13F Information Table Entry Total: 161 ------------- Form 13F Information Table Value Total: $688,132 ------------- (thousands) List of Other Included Managers: NONE Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. NONE
FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 - ----------------------------- --------------- --------- -------- ------------------ ---------- -------- ----------------------- VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE - ----------------------------- --------------- --------- -------- -------- --- ---- ---------- -------- ------- -------- ------ 2020 CHINACAP ACQUIRCO INC COM 90212G109 720 100,000 SH SOLE 100,000 2020 CHINACAP ACQUIRCO INC *W EXP 11/08/201 90212G117 95 100,000 SH SOLE 100,000 ADVANCED TECHNOLOGY ACQU COR COM 007556103 6,979 939,300 SH SOLE 939,300 ADVANCED TECHNOLOGY ACQU COR *W EXP 06/18/201 007556111 178 297,300 SH SOLE 297,300 ALDABRA 2 ACQUISITION CORP COM 01408A103 4,166 427,700 SH SOLE 427,700 ALPHA SEC GROUP CORP COM 02078A100 4,680 497,900 SH SOLE 497,900 ALPHA SEC GROUP CORP *W EXP 03/23/201 02078A118 83 100,000 SH SOLE 100,000 ALSIUS CORPORATION COM 021211107 93 25,000 SH SOLE 25,000 ALTERNATIVE ASSET MGMT ACQU *W EXP 08/01/201 02149U119 191 147,000 SH SOLE 147,000 ALTERNATIVE ASSET MGMT ACQU COM 02149U101 7,823 854,999 SH SOLE 854,999 ALYST ACQUISTION CORP *W EXP 06/28/201 02263A113 150 289,000 SH SOLE 289,000 ALYST ACQUISTION CORP COM 02263A105 4,896 678,100 SH SOLE 678,100 APEX BIOVENTURES ACQ CORP COM 03753Q105 5,828 789,679 SH SOLE 789,679 APPLERA CORP COM AP BIO GRP 038020103 11,207 330,400 SH SOLE 330,400 APPLIED MATLS INC COM 038222105 6,726 378,725 SH SOLE 378,725 ATHEROGENICS INC COM 047439104 26 68,000 SH CALL SOLE 68,000 ATHEROGENICS INC COM 047439104 8 20,500 SH PUT SOLE 20,500 BANK MONTREAL QUE COM 063671101 2,009 35,500 SH PUT SOLE 35,500 BANK NOVA SCOTIA HALIFAX COM 064149107 3,535 70,000 SH PUT SOLE 70,000 BANKRATE INC COM 06646V108 10,094 209,900 SH SOLE 209,900 BCE INC COM NEW 05534B760 2,675 67,300 SH CALL SOLE 67,300 CANTEL MEDICAL CORP COM 138098108 8,520 584,374 SH SOLE 584,374 CAPITOL ACQUISITION CORP DEL COM 14055E104 900 100,000 SH SOLE 100,000 CARNIVAL CORP PAIRED CTF 143658300 11,478 258,000 SH SOLE 258,000 CDN IMPERIAL BK OF COMMERCE COM 136069101 2,786 39,000 SH PUT SOLE 39,000 CHINA HEALTHCARE ACQ CORP COM 16939Q104 3,807 692,100 SH SOLE 692,100 CHINA HEALTHCARE ACQ CORP *W EXP 04/18/201 16939Q112 206 588,200 SH SOLE 588,200 CHURCHILL VENTURES LTD COM 17157P109 2,258 295,200 SH SOLE 295,200 CHURCHILL VENTURES LTD *W EXP 03/01/201 17157P117 35 50,000 SH SOLE 50,000 CIRRUS LOGIC INC COM 172755100 8,451 1,600,600 SH SOLE 1,600,600 COLUMBUS ACQUISITION CORP COM 198851107 7,908 1,068,650 SH SOLE 1,068,650 COLUMBUS ACQUISITION CORP *W EXP 05/18/201 198851115 73 125,400 SH SOLE 125,400 COMCAST CORP NEW CL A SPL 20030N200 10,798 595,900 SH SOLE 595,900 COMMUNITY BANKERS ACQUISITN COM 20361R101 3,018 407,300 SH SOLE 407,300 COMMUNITY BANKERS ACQUISITN *W EXP 06/04/201 20361R119 45 112,100 SH SOLE 112,100 COTT CORP QUE COM 22163N106 469 71,100 SH SOLE 71,100 COTT CORP QUE COM 22163N106 493 74,000 SH PUT SOLE 74,000 CRYSTALLEX INTL CORP COM 22942F101 2,053 900,263 SH SOLE 900,263 DEKANIA CORP COM 24488U104 1,951 209,800 SH SOLE 209,800 DESCARTES SYS GROUP INC COM 249906108 3,020 720,800 SH SOLE 720,800 DRESS BARN INC NOTE 2.500%12/1 261570AB1 6,793 4,900,000 SH SOLE 4,900,000 EBAY INC COM 278642103 7,448 224,400 SH SOLE 224,400 EMCORE CORP COM 290846104 8,043 525,691 SH SOLE 525,691 ENERGY CONVERSION DEVICES IN COM 292659109 3,880 115,300 SH SOLE 115,300 ENERGY INFRASTRUCTURE ACQUI COM 29269P109 6,184 609,900 SH SOLE 609,900 ENERGY SVCS ACQUISITION CORP COM 29271Q103 2,225 385,700 SH SOLE 385,700 ENERSYS COM 29275Y102 3,944 158,000 SH SOLE 158,000 ENTERPRISE ACQUISITION CORP *W EXP 11/07/201 29365R116 352 440,000 SH SOLE 440,000 ENTERPRISE ACQUISITION CORP COM 29365R108 5,760 636,500 SH SOLE 636,500 EXACTECH INC COM 30064E109 1,651 79,545 SH SOLE 79,545 FAIRFAX FINL HLDGS LTD DBCV 5.000% 7/1 303901AL6 62,847 46,675,000 SH SOLE 46,675,000 FIRST ADVANTAGE CORP CL A 31845F100 7,051 428,118 SH SOLE 428,118 GENERAL FINANCE CORP *W EXP 04/05/201 369822119 164 53,009 SH SOLE 53,009 GENEVA ACQUISITION CORP COM 37185Y104 1,378 244,700 SH SOLE 244,700 GENEVA ACQUISITION CORP *W EXP 02/12/201 37185Y112 138 417,900 SH SOLE 417,900 GERDAU AMERISTEEL CORP COM 37373P105 7,190 505,600 SH SOLE 505,600 GLOBAL BPO SVCS CORP COM 378981104 2,320 317,800 SH SOLE 317,800 GLOBAL LOGISTICS ACQUISITION COM 379414105 1,271 166,200 SH SOLE 166,200 GOLDEN POND HEALTHCARE INC COM 38116J109 1,074 150,000 SH SOLE 150,000 GRANAHAN MCCOURT ACQ CORP COM 385034103 1,545 198,100 SH SOLE 198,100 GRANAHAN MCCOURT ACQ CORP *W EXP 10/18/201 385034111 213 328,400 SH SOLE 328,400 GREAT ATLANTIC & PAC TEA INC COM 390064103 13,041 416,246 SH SOLE 416,246 GRUBB&ELLIS RLTY ADVISORS IN COM 400096103 2,542 427,300 SH SOLE 427,300 GRUBB&ELLIS RLTY ADVISORS IN *W EXP 02/27/201 400096111 26 165,400 SH SOLE 165,400 GSC ACQUISITION COMPANY COM 40053G106 4,519 479,700 SH SOLE 479,700 HARBOR ACQUISITION CORPORATI *W EXP 04/25/201 41145X115 82 283,800 SH SOLE 283,800 HARBOR ACQUISITION CORPORATI COM 41145X107 4,149 714,100 SH SOLE 714,100 HARMONIC INC COM 413160102 3,677 350,900 SH SOLE 350,900 HARVEST ENE TRUST UNIT 41752X101 2,063 100,000 SH PUT SOLE 100,000 HD PARTNERS ACQUISITION CORP COM 40415K100 3,761 502,800 SH SOLE 502,800 HD PARTNERS ACQUISITION CORP W EXP 06/01/201 40415K118 161 199,100 SH SOLE 199,100 HECKMANN CORP COM 422680108 2,888 392,900 SH SOLE 392,900 HECKMANN CORP *W EXP 11/09/201 422680116 295 392,900 SH SOLE 392,900 HICKS ACQUISITION CO I INC COM 429086309 9,481 1,031,700 SH SOLE 1,031,700 HIGHLANDS ACQUISITION CORP COM 430880104 2,358 259,100 SH SOLE 259,100 IMAX CORP COM 45245E109 126 18,500 SH PUT SOLE 18,500 IMPAC MTG HLDGS INC COM 45254P102 98 174,400 SH PUT SOLE 174,400 INDIA GLOBALIZATION CAP INC COM 45408X100 3,565 604,200 SH SOLE 604,200 INFOUSA INC NEW COM 456818301 9,000 1,007,846 SH SOLE 1,007,846 INTER ATLANTIC FINANCIAL INC *W EXP 10/02/201 45890H118 271 311,200 SH SOLE 311,200 INTER ATLANTIC FINANCIAL INC COM 45890H100 6,458 887,150 SH SOLE 887,150 INTERPUBLIC GROUP COS INC COM 460690100 9,309 1,147,800 SH SOLE 1,147,800 ISHARES TR FTSE XNHUA IDX 464287184 7,515 50,000 SH PUT SOLE 50,000 ISHARES TR S&P GBL TELCM 464287275 15,184 200,000 SH CALL SOLE 200,000 ISHARES TR S&P GBL TELCM 464287275 7,592 100,000 SH PUT SOLE 100,000 JK ACQUISITION CORP COM 47759H106 4,317 766,867 SH SOLE 766,867 JK ACQUISITION CORP W EXP 04/10/201 47759H114 72 311,364 SH SOLE 311,364 JOHNSON & JOHNSON COM 478160104 3,335 50,000 SH SOLE 50,000 JOHNSON & JOHNSON COM 478160104 3,335 50,000 SH PUT SOLE 50,000 KAYDON CORP COM 486587108 7,139 130,900 SH SOLE 130,900 KBL HEALTHCARE ACQUIS CORP I COM 48241N107 9,327 1,291,800 SH SOLE 1,291,800 KINGSWAY FINL SVCS INC COM 496904103 180 15,000 SH PUT SOLE 15,000 LUFKIN INDS INC COM 549764108 4,314 75,300 SH SOLE 75,300 MANPOWER INC COM 56418H100 5,121 90,000 SH SOLE 90,000 MANULIFE FINL CORP COM 56501R106 286 7,000 SH SOLE 7,000 MANULIFE FINL CORP COM 56501R106 4,890 120,000 SH PUT SOLE 120,000 MARATHON ACQUISITION CORP COM 565756103 109 14,000 SH SOLE 14,000 MBF HEALTHCARE ACQUISITION C *W EXP 04/16/201 552650111 203 278,000 SH SOLE 278,000 MBF HEALTHCARE ACQUISITION C COM 552650103 4,060 528,000 SH SOLE 528,000 MEDIA & ENTMT HOLDINGS INC COM 58439W108 2,579 349,000 SH SOLE 349,000 MEDIA & ENTMT HOLDINGS INC *W EXP 03/09/201 58439W116 161 214,500 SH SOLE 214,500 MINDSPEED TECHNOLOGIES INC COM 602682106 4,258 3,490,386 SH SOLE 3,490,386 MIRAMAR MINING CORP COM 60466E100 5,647 900,000 SH SOLE 900,000 NAVIOS MARITIME HOLDINGS INC *W EXP 12/09/200 Y62196111 823 109,777 SH SOLE 109,777 NEUROCHEM INC COM 64125K101 81 36,500 SH CALL SOLE 36,500 NORTH AMERN INS LEADERS INC COM 65687M104 3,889 498,637 SH SOLE 498,637 NORTH AMERN INS LEADERS INC *W EXP 03/21/201 65687M112 18 40,500 SH SOLE 40,500 NORTH AMERN PALLADIUM LTD *W EXP 12/13/200 656912110 329 456,800 SH SOLE 456,800 NRDC ACQUISITION CORP COM 62941R102 9,267 1,010,600 SH SOLE 1,010,600 NTR ACQUISITION CO COM 629415100 2,834 298,300 SH SOLE 298,300 O2MICRO INTERNATIONAL LTD SPONS ADR 67107W100 9,037 783,105 SH SOLE 783,105 OCEANAUT INC COM 675227102 2,360 300,700 SH SOLE 300,700 OPEN TEXT CORP COM 683715106 3,692 117,400 SH SOLE 117,400 ORTHOFIX INTL N V COM N6748L102 10,479 180,769 SH SOLE 180,769 PALL CORP COM 696429307 11,761 291,700 SH SOLE 291,700 PAN AMERICAN SILVER CORP COM 697900108 1,558 44,600 SH SOLE 44,600 PAPA JOHNS INTL INC COM 698813102 5,416 238,600 SH SOLE 238,600 PARAMOUNT GOLD & SILVER CORP COM 69924P102 185 90,000 SH SOLE 90,000 PROGRESSIVE GAMING INTL CORP COM 74332S102 4,683 1,888,200 SH SOLE 1,888,200 PROSPECT ACQUISITION CORP *W EXP 11/14/201 74347T111 344 405,000 SH SOLE 405,000 PROSPECT ACQUISITION CORP COM 74347T103 5,021 551,800 SH SOLE 551,800 QUANEX CORP COM 747620102 7,349 141,600 SH SOLE 141,600 RAM ENERGY RESOURCES INC *W EXP 05/11/200 75130P117 242 690,000 SH SOLE 690,000 RED ROBIN GOURMET BURGERS IN COM 75689M101 5,375 168,007 SH SOLE 168,007 RENAISSANCE ACQUISITION CORP COM 75966C305 3,622 646,700 SH SOLE 646,700 REPUBLIC SVCS INC COM 760759100 8,498 271,055 SH SOLE 271,055 ROBERT HALF INTL INC COM 770323103 6,333 234,200 SH SOLE 234,200 ROYAL BK CDA MONTREAL QUE COM 780087102 2,297 45,000 SH PUT SOLE 45,000 SANTA MONICA MEDIA CORP COM 802501106 1,080 144,822 SH SOLE 144,822 SANTA MONICA MEDIA CORP *W EXP 03/27/201 802501114 94 180,500 SH SOLE 180,500 SCOPUS VIDEO NETWORKS LTD SHS M8260H106 4,503 827,744 SH SOLE 827,744 SECURE AMER ACQUISITION CORP UNIT 10/23/2011 81372L202 496 62,600 SH SOLE 62,600 SINA CORP ORD G81477104 5,344 120,600 SH SOLE 120,600 SP ACQUISITION HOLDINGS INC *W EXP 10/10/201 78470A112 92 100,000 SH SOLE 100,000 SP ACQUISITION HOLDINGS INC COM 78470A104 2,301 250,100 SH SOLE 250,100 STONELEIGH PARTNERS ACQUS CO *W EXP 05/31/201 861923126 45 64,200 SH SOLE 64,200 STONELEIGH PARTNERS ACQUS CO COM 861923100 6,025 806,500 SH SOLE 806,500 SYMANTEC CORP COM 871503108 6,545 405,500 SH SOLE 405,500 TAILWIND FINL INC COM 874023104 2,671 350,000 SH SOLE 350,000 TAILWIND FINL INC *W EXP 04/11/201 874023112 130 200,000 SH SOLE 200,000 THOR INDS INC COM 885160101 3,634 95,600 SH SOLE 95,600 TITAN INTL INC ILL COM 88830M102 6,768 216,500 SH SOLE 216,500 TNS INC COM 872960109 10,206 575,000 SH SOLE 575,000 TORONTO DOMINION BK ONT COM 891160509 1,231 17,600 SH CALL SOLE 17,600 TORONTO DOMINION BK ONT COM 891160509 1,889 27,000 SH PUT SOLE 27,000 TRANSFORMA ACQUISITION GROUP COM 89366E100 2,399 315,719 SH SOLE 315,719 TRANS-INDIA ACQUISITION CORP COM 893237107 4,604 612,300 SH SOLE 612,300 TRANS-INDIA ACQUISITION CORP *W EXP 02/08/201 893237115 139 214,600 SH SOLE 214,600 TRUE RELIGION APPAREL INC COM 89784N104 3,837 179,733 SH SOLE 179,733 UNION STREET ACQ CORP COM 908536105 3,519 459,970 SH SOLE 459,970 UNION STREET ACQ CORP *W EXP 02/05/201 908536113 162 293,900 SH SOLE 293,900 UNITED REFINING ENERGY CORP UNIT 99/99/9999 911360204 989 100,000 SH SOLE 100,000 UTI WORLDWIDE INC ORD G87210103 6,264 319,600 SH SOLE 319,600 VANTAGE ENERGY SERVICES INC COM 92209F102 2,280 300,000 SH SOLE 300,000 VIACOM INC NEW CL B 92553P201 15,578 354,700 SH SOLE 354,700 WESTERN GOLDFIELDS INC CDA COM NEW 95828P203 5,488 1,430,200 SH SOLE 1,430,200 WESTERN UN CO COM 959802109 13,354 550,000 SH SOLE 550,000 WRIGHT MED GROUP INC COM 98235T107 7,759 266,000 SH SOLE 266,000 YAHOO INC COM 984332106 7,118 306,000 SH SOLE 306,000 YAMANA GOLD INC COM 98462Y100 12,135 948,030 SH SOLE 948,030 ZEBRA TECHNOLOGIES CORP CL A 989207105 4,563 131,500 SH SOLE 131,500
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