================================================================================
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
(Amendment No. 2)*
Under the Securities Exchange Act of 1934
Lynx Therapeutics, Inc.
--------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
--------------------------------------------------------------------------------
(Title of Class of Securities)
551812308
--------------------------------------------------------------------------------
(CUSIP Number)
December 31, 2003
--------------------------------------------------------------------------------
(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)
* 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
disclosures provided in a prior cover page.
The information required on 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).
================================================================================
-------------------------- --------------------------
CUSIP NO. 551812-30-8 SCHEDULE 13G PAGE 2 OF 13 PAGES
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON/S.S. OR I.R.S. IDENTIFICATION
NO. OF ABOVE PERSON
SENECA CAPITAL, L.P.
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) [ ]
(B) [X]
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
--------------------------------------------------------------------------------
5. SOLE VOTING POWER
0
NUMBER OF --------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 33,085
EACH --------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH: 0
--------------------------------------------------
8. SHARED DISPOSITIVE POWER
33,085
--------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
33,085
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* [ ]
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.61%
--------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
PN
================================================================================
-------------------------- --------------------------
CUSIP NO. 551812-30-8 SCHEDULE 13G PAGE 3 OF 13 PAGES
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON/S.S. OR I.R.S. IDENTIFICATION
NO. OF ABOVE PERSON
SENECA CAPITAL II, L.P.
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) [ ]
(B) [X]
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
--------------------------------------------------------------------------------
5. SOLE VOTING POWER
0
NUMBER OF --------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 1,085
EACH --------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH: 0
--------------------------------------------------
8. SHARED DISPOSITIVE POWER
1,085
--------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,085
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* [ ]
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.02%
--------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
PN
================================================================================
-------------------------- --------------------------
CUSIP NO. 551812-30-8 SCHEDULE 13G PAGE 4 OF 13 PAGES
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON/S.S. OR I.R.S. IDENTIFICATION
NO. OF ABOVE PERSON
SENECA CAPITAL ADVISORS, LLC
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) [ ]
(B) [X]
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
--------------------------------------------------------------------------------
5. SOLE VOTING POWER
0
NUMBER OF --------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 34,170
EACH --------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH: 0
--------------------------------------------------
8. SHARED DISPOSITIVE POWER
34,170
--------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
34,170
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES [ ]
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.63%
--------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON
00 - LIMITED LIABILITY COMPANY
================================================================================
-------------------------- --------------------------
CUSIP NO. 551812-30-8 SCHEDULE 13G PAGE 5 OF 13 PAGES
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON/S.S. OR I.R.S. IDENTIFICATION
NO. OF ABOVE PERSON
SENECA CAPITAL INTERNATIONAL, LTD.
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) [ ]
(B) [X]
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
CAYMAN ISLANDS, BRITISH WEST INDIES
--------------------------------------------------------------------------------
5. SOLE VOTING POWER
0
NUMBER OF --------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 78,151
EACH --------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH: 0
--------------------------------------------------
8. SHARED DISPOSITIVE POWER
78,151
--------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
78,151
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES [ ]
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
1.43%
--------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON
CO
================================================================================
-------------------------- --------------------------
CUSIP NO. 551812-30-8 SCHEDULE 13G PAGE 6 OF 13 PAGES
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON/S.S. OR I.R.S. IDENTIFICATION
NO. OF ABOVE PERSON
SENECA CAPITAL INVESTMENTS, LLC
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) [ ]
(B) [X]
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
--------------------------------------------------------------------------------
5. SOLE VOTING POWER
0
NUMBER OF --------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 79,008
EACH --------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH: 0
--------------------------------------------------
8. SHARED DISPOSITIVE POWER
79,008
--------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
79,008
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES [ ]
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
1.44%
--------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON
00 - LIMITED LIABILITY COMPANY
================================================================================
-------------------------- --------------------------
CUSIP NO. 551812-30-8 SCHEDULE 13G PAGE 7 OF 13 PAGES
--------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON/S.S. OR I.R.S. IDENTIFICATION
NO. OF ABOVE PERSON
DOUGLAS A. HIRSCH
--------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) [ ]
(B) [X]
--------------------------------------------------------------------------------
3. SEC USE ONLY
--------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
USA
--------------------------------------------------------------------------------
5. SOLE VOTING POWER
0
NUMBER OF --------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 113,178
EACH --------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH: 0
--------------------------------------------------
8. SHARED DISPOSITIVE POWER
113,178
--------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
113,178
--------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES [ ]
--------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
2.05%
--------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON
IN
================================================================================
SCHEDULE 13G
CUSIP No. 551812-30-8 Page 8 of 13 Pages
----------- --- ----
ITEM 1.
(a) Name of Issuer: Lynx Therapeutics, Inc.
--------------------------------
(b) Address of Issuer's Principal Executive Offices:
25861 Industrial Boulevard, Hayward, California 94545
---------------------------------------------------------
ITEM 2.
(a) Name of Persons Filing:
(b) Address or principal business office or, if none, residence:
(c) Citizenship:
Seneca Capital, L.P.
950 Third Avenue, 29th Floor
New York, NY 10022
(Delaware limited partnership)
Seneca Capital II, L.P.
950 Third Avenue, 29th Floor
New York, NY 10022
(Delaware limited partnership)
Seneca Capital Advisors, LLC
950 Third Avenue, 29th Floor
New York, NY 10022
(Delaware limited liability company)
Seneca Capital International, Ltd.
c/o Consolidated Fund Management (BVI) Limited
PO Box HM 2257
Par La Ville Place
14 Par La Ville Road
Hamilton HMJX, Bermuda
(Cayman Islands (BWI) Company)
Seneca Capital Investments, LLC
950 Third Avenue, 29th Floor
New York, NY 10022
(Delaware limited liability company)
Douglas A. Hirsch
c/o Seneca Capital
950 Third Avenue, 29th Floor
New York, NY 10022
(United States Citizen)
SCHEDULE 13G
CUSIP No. 551812-30-8 Page 9 of 13 Pages
----------- --- ----
ITEM 2(d). Title of Class of Securities: Common stock
-------------------
ITEM 2(e). CUSIP Number: 551812-30-8
-------------------
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) [ ] 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 registered under section 203 of the Investment
Advisers Act or under the laws of any State
(f) [ ] Employee Benefit Plan, Pension fund which is subject to the
provisions of the Employee Retirement Income Security Act of
1974 or Endowment Fund; see Section 240.13d-1(b)(1)(ii)(F)
(g) [ ] A Parent Holding Company or control person, in accordance with
Section 240.13d-1(b)(ii)(G)(Note: See Item 7)
(h) [ ] A Savings Association as defined in Section 3(b) of the Federal
Deposit Insurance Act (12 U.S.C. 1813)
(i) [ ] 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) [ ] Group, in accordance with Section 240.13d-1(b)(1)(ii)(J)
If this statement is filed pursuant to Rule 240.13d-1(c), check this box [X].
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.
SENECA CAPITAL, L.P. (1)
(a) Amount Beneficially Owned: 33,085
-------------------------------------------
(b) Percent of Class: 0.61%
----------------------------------------------------
(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: 33,085
---------------------
(iii)sole power to dispose or to direct the disposition of: 0
----------
(iv) shared power to dispose or to direct the disposition of: 33,085
---------
SENECA CAPITAL II, L.P. (2)
(a) Amount Beneficially Owned: 1,085
-------------------------------------------
(b) Percent of Class: 0.02%
----------------------------------------------------
(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: 1,085
---------------------
SCHEDULE 13G
CUSIP No. 551812-30-8 Page 10 of 13 Pages
----------- ---- ----
(iii)sole power to dispose or to direct the disposition of: 0
----------
(iv) shared power to dispose or to direct the disposition of: 1,085
---------
SENECA CAPITAL ADVISORS, LLC (3)
(a) Amount Beneficially Owned: 34,170
-------------------------------------------
(b) Percent of Class: 0.63%
----------------------------------------------------
(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: 34,170
---------------------
(iii)sole power to dispose or to direct the disposition of: 0
----------
(iv) shared power to dispose or to direct the disposition of: 34,170
---------
SENECA CAPITAL INTERNATIONAL, LTD. (4)
(a) Amount Beneficially Owned: 78,151
-------------------------------------------
(b) Percent of Class: 1.43%
----------------------------------------------------
(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: 78,151
---------------------
(iii)sole power to dispose or to direct the disposition of: 0
-----------
(iv) shared power to dispose or to direct the disposition of: 78,151
---------
SENECA CAPITAL INVESTMENTS, LLC (5)
(a) Amount Beneficially Owned: 79,008
-------------------------------------------
(b) Percent of Class: 1.44%
----------------------------------------------------
(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: 79,008
---------------------
(iii)sole power to dispose or to direct the disposition of: 0
----------
(iv) shared power to dispose or to direct the disposition of: 79,008
---------
DOUGLAS A. HIRSCH (6)
(a) Amount Beneficially Owned: 113,178
-------------------------------------------
(b) Percent of Class: 2.05%
----------------------------------------------------
(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: 113,178
---------------------
(iii)sole power to dispose or to direct the disposition of: 0
----------
(iv) shared power to dispose or to direct the disposition of: 113,178
---------
(1) Represents 33,085 shares of common stock which Seneca Capital, L.P.
has a right to acquire upon the exercise of warrants.
(2) Represents 1,085 shares of common stock which Seneca Capital II, L.P.
has a right to acquire upon the exercise of warrants.
(3) Shares reported for Seneca Capital Advisors, LLC represent warrants
beneficially owned by Seneca Capital, L.P. and Seneca Capital II, L.P.
Seneca Capital Advisors, LLC is the sole general partner of Seneca
Capital, L.P. and of Seneca Capital II, L.P.
SCHEDULE 13G
CUSIP No. 551812-30-8 Page 11 of 13 Pages
----------- ---- ----
(4) Represents 78,151 shares of common stock which Seneca Capital
International, Ltd. has a right to acquire upon the exercise of
warrants.
(5) Shares reported for Seneca Capital Investments, LLC include shares
beneficially owned by Seneca Capital International, Ltd. Seneca
Capital Investments, LLC is sole investment manager of Seneca Capital
International, Ltd.
(6) Shares reported for Douglas A. Hirsch include shares beneficially
owned by Seneca Capital, L.P., Seneca Capital II, L.P. and Seneca
Capital International, Ltd., which entities may be deemed to be
controlled by Mr. Hirsch because he is the Manager of Seneca Capital
Advisors, LLC (the sole General Partner of Seneca Capital, L.P. and of
Seneca Capital II, L.P.) and the Manager of Seneca Capital
Investments, LLC (the investment manager of Seneca Capital
International, Ltd.).
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 [X].
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
If any other person is known to have the right to receive or the power to
direct the receipt of dividends from, or the proceeds from the sale of, such
securities, a statement to that effect should be included in response to this
item and, if such interest relates to more than five percent of the class, such
person should be identified. A listing of the shareholders of an investment
company registered under the Investment Company Act of 1940 or the beneficiaries
of employees benefit plan, pension fund or endowment fund is not required. NOT
APPLICABLE.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
If a parent holding company has filed this schedule, pursuant to Rule
13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the
identity and the Item 3 classification of the relevant subsidiary. If a parent
holding company has filed this schedule pursuant to Rule 13d-1(c), attach an
exhibit stating the identification of the relevant subsidiary. NOT APPLICABLE.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
If a group has filed this schedule pursuant to Rule 13d-1(b)(ii)(J), so
indicate under Item 3(h) and attach an exhibit stating the identity and Item 3
classification of each member of the group. If a group has filed this schedule
pursuant to Rule 13d-1(d), attach an exhibit stating the identity of each member
of the group. NOT APPLICABLE.
SCHEDULE 13G
CUSIP No. 551812-30-8 Page 12 of 13 Pages
----------- ---- ----
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Notice of dissolution of a group may be furnished as an exhibit stating
the date of the dissolution and that all further filings with respect to
transactions in the security report on will be filed, if required, by members of
the group, in their individual capacity. 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 and
do not have the effect of changing or influencing the control of the issuer of
such securities and were not acquired and are not held in connection with or as
a participant in any transaction having that purpose or effect.
SCHEDULE 13G
CUSIP No. 551812-30-8 Page 13 of 13 Pages
----------- ---- ----
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I hereby
certify that the information set forth in this statement is true, complete and
correct.
Date: February 12, 2004
SENECA CAPITAL, L.P.
By Seneca Capital Advisors, LLC, its General Partner
By: /S/ Douglas A. Hirsch
-----------------------------------------
Douglas A. Hirsch, Its Managing Member
SENECA CAPITAL II, L.P.
By Seneca Capital Advisors, LLC, its General Partner
By: /S/ Douglas A. Hirsch
------------------------------------------
Douglas A. Hirsch, Its Managing Member
SENECA CAPITAL ADVISORS, LLC
By: /S/ Douglas A. Hirsch
------------------------------------------
Douglas A. Hirsch, Its Managing Member
SENECA CAPITAL INTERNATIONAL, LTD.
By Seneca Capital Investments, LLC, its Investment Manager
By: /S/ Douglas A. Hirsch
------------------------------------------
Douglas A. Hirsch, Its Managing Member
SENECA CAPITAL INVESTMENTS, LLC
By: /S/ Douglas A. Hirsch
------------------------------------------
Douglas A. Hirsch, Its Managing Member
By: /S/ Douglas A. Hirsch
------------------------------------------
Douglas A. Hirsch, Individually