1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ----------------- SCHEDULE 13G (RULE 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1 (b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2 (b) (Amendment No._____________)(1) NOVATEL WIRELESS, INC. - -------------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK - -------------------------------------------------------------------------------- (Title of Class of Securities) 66987M109 - -------------------------------------------------------------------------------- (CUSIP Number) DECEMBER 31, 2000 - -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which the schedule is filed: [ ] Rule 13d-1 (b) [ ] Rule 13d-1(c) [X] Rule 13d-1(d) - ---------------------------- (1) 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 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).
2 - ------------------------ ------------------------ CUSIP No. 66987M109 13G Page 2 of 11 Pages - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Argo Global Capital, LLC ("Argo") - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION State of Delaware. - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 7,368,516 NUMBER OF ------------------------------------------------------------ SHARES 6 SHARED VOTING POWER BENEFICIALLY 0 OWNED BY ------------------------------------------------------------ EACH 7 SOLE DISPOSITIVE POWER REPORTING 7,368,516 PERSON WITH ------------------------------------------------------------ See Note A 8 SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,368,516 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 13.5% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON * OO - --------------------------------------------------------------------------------
3 - ------------------------ ------------------------ CUSIP No. 66987M109 13G Page 3 of 11 Pages - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS H.H. Haight ("Haight") - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States citizen. - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 25,451 NUMBER OF ------------------------------------------------------------ SHARES 6 SHARED VOTING POWER BENEFICIALLY 0 OWNED BY ------------------------------------------------------------ EACH 7 SOLE DISPOSITIVE POWER REPORTING 25,451 PERSON WITH ------------------------------------------------------------ See Note A 8 SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 25,451 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.1% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON * IN - --------------------------------------------------------------------------------
4 - ------------------------ ------------------------ CUSIP No. 66987M109 13G Page 4 of 11 Pages - -------------------------------------------------------------------------------- ITEM 1(a). NAME OF ISSUER: Novatel Wireless, Inc. ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 9360 Towne Centre Drive, Suite 110 San Diego, CA 92121 ITEM 2(a). NAME OF PERSONS FILING: This Statement is filed by Argo Global Capital, LLC, a Delaware limited liability company, and H.H. Haight, a United States citizen. ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: The address for each of the Reporting Persons is: Lynnfield Woods Office Park 210 Broadway, Suite 101 Lynnfield, MA 01949 ITEM 2(c). CITIZENSHIP: Argo Global Capital, LLC is a Delaware limited liability company. H.H.Haight is a United States citizen. ITEM 2(d). TITLE OF CLASS OF SECURITIES: Common Stock ITEM 2(e). CUSIP NUMBER: 66987M109
5 - ------------------------ ------------------------ CUSIP No. 66987M109 13G Page 5 of 11 Pages - -------------------------------------------------------------------------------- ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-1(b) OR 13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A: (a) [ ] Broker or dealer registered under Section 15 of the Act; (b) [ ] Bank as defined in Section 3(a)(6) of the Act; (c) [ ] Insurance Company as defined in Section 3(a)(19) of the Act, (d) [ ] Investment Company registered under Section 8 of the Investment Company Act; (e) [ ] Investment Adviser registered under Section 203 of the Investment Advisers Act of 1940; (f) [ ] Employee Benefit Plan, Pension Fund which is subject to the provisions of the Employee Retirement Income Security Act of 1974 or Endowment Fund; (g) [ ] Parent Holding Company, in accordance with Rule 13d-1(b)(ii)(G); (h) [ ] Group, in accordance with Rule 13d-1(b)(l)(ii)(H). ITEM 4. OWNERSHIP. Argo Global Capital, LLC ("Argo"): (a) Amount beneficially owned: 7,368,516 shares, including 2,575,920 shares issuable upon exercise of currently exercisable warrants held of record by GSM Capital Limited Partnership ("GSM"). Argo, the manager of GSM, is deemed to be the beneficial owner of these shares. (b) Percent of class: 13.5%
6 - ------------------------ ------------------------ CUSIP No. 66987M109 13G Page 6 of 11 Pages - -------------------------------------------------------------------------------- (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: 7,368,516 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 7,368,516 (iv) Shared power to dispose or to direct the disposition of: 0 H.H. Haight ("Haight"): (a) Amount beneficially owned: 25,451 shares, including (i) 1,700 shares owned directly by Haight; (ii) 1,647 shares and 6,618 shares issuable upon exercise of currently exercisable warrants held of record by ARGC, LLC, a Delaware limited liability company ("ARGC"); (iii) 12,957 shares and 1,512 shares issuable upon exercise of currently exercisable warrants held of record by ARGC III, LLC, a Delaware limited liability company ("ARGC III"); and (iv) 1,017 shares held of record by ARGC IV, L.P. a Delaware limited partnership ("ARGC IV"). Haight, who is the managing member of ARGC and ARGC III and the general partner of ARGC IV, is deemed to be the beneficial owner of these shares. (b) Percent of class: 0.1% (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: 25,451 (ii) Shared power to vote or to direct the vote: 0
7 - ------------------------ ------------------------ CUSIP No. 66987M109 13G Page 7 of 11 Pages - -------------------------------------------------------------------------------- (iii) Sole power to dispose or to direct the disposition of: 25,451 (iv) Shared power to dispose or to direct the disposition of: 0 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. Under certain circumstances set forth in the limited partnership agreements of GSM and ARGC IV, and the limited liability company agreements of ARGC and ARGC III, the general and limited partners or members, as the case may be, of each of such entities may be deemed to have the rights to receive dividends from, or proceeds from the sale of shares of the issuer owned by such entity of which they are a partner or member, as the case may be. ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY. Not applicable.
8 - ------------------------ ------------------------ CUSIP No. 66987M109 13G Page 8 of 11 Pages - -------------------------------------------------------------------------------- ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP. See Exhibit A. ITEM 9. NOTICE OF DISSOLUTION OF GROUP. Not applicable. ITEM 10. CERTIFICATION. Not Applicable.
9 - ------------------------ ------------------------ CUSIP No. 66987M109 13G Page 9 of 11 Pages - -------------------------------------------------------------------------------- SIGNATURE After reasonable inquiry and to the best of its knowledge and belief, each of the undersigned certifies that the information set forth in this statement with respect to it is true, complete and correct. Date: February 14, 2001 Argo Global Capital, LLC By: /s/ H.H. Haight ----------------------------------------- Name: H.H. Haight Title: President and Chief Executive Officer /s/ H.H. Haight --------------------------------------------- H.H. Haight
10 - ------------------------ ------------------------ CUSIP No. 66987M109 13G Page 10 of 11 Pages - -------------------------------------------------------------------------------- EXHIBIT INDEX Found on Sequentially Exhibit Numbered Page - ------- -------------- Exhibit A: Joint Filing Agreement 11
1 - ------------------------ ------------------------ CUSIP No. 66987M109 13G Page 11 of 11 Pages - -------------------------------------------------------------------------------- EXHIBIT A JOINT FILING AGREEMENT PURSUANT TO RULE 13d-1(k)(1) The undersigned acknowledge and agree that the foregoing Statement on Schedule 13G is filed on behalf of each of the undersigned and that all subsequent amendments to this Statement on Schedule 13G shall be filed on behalf of each of the undersigned without the necessity of filing additional joint filing agreements. The undersigned acknowledges that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent its knows or has reason to believe that such information is inaccurate. This Agreement may be executed in any number of counterparts and all of such counterparts taken together shall constitute one and the same instrument. Dated: February 14, 2001 Argo Global Capital, LLC By: /s/ H.H. Haight ----------------------------------------- Name: H.H. Haight Title: President and Chief Executive Officer /s/ H.H. Haight --------------------------------------------- H.H. Haight