Ardea Biosciences, Inc.
|
(Name of Issuer) |
Common Shares, no par value
|
(Title of Class of Securities)
|
03969P107
|
(CUSIP Number)
|
December 31, 2010 |
(Date of Event Which Requires Filing of this Statement)
|
CUSIP No. 03969P107
|
13G/A
|
Page 2 of 13 Pages
|
||
1
|
NAME OF REPORTING PERSON:
Andreeff Equity Advisors, L.L.C.
|
|||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
|
(a) o
|
||
(b) x
|
||||
3
|
SEC USE ONLY
|
|||
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
|||
Delaware
|
||||
5
|
SOLE VOTING POWER
|
|||||||
NUMBER OF
|
0
|
|||||||
SHARES
|
||||||||
BENEFICIALLY
|
6
|
SHARED VOTING POWER
|
||||||
OWNED
|
972,261
|
|||||||
BY
|
||||||||
EACH
|
7
|
SOLE DISPOSITIVE POWER
|
||||||
REPORTING
|
0
|
|||||||
PERSON
|
||||||||
WITH:
|
8
|
SHARED DISPOSITIVE POWER
|
||||||
972,261
|
||||||||
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|||||||
972,261
|
||||||||
10
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|
o
|
||||||
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
|
|||||||
4.19%
|
||||||||
12
|
TYPE OF REPORTING PERSON*
|
|||||||
IA, OO
|
CUSIP No. 03969P107
|
13G/A
|
Page 3 of 13 Pages
|
||
1
|
NAME OF REPORTING PERSON:
Dane Andreeff
|
|||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
|
(a) o
|
||
(b) x
|
||||
3
|
SEC USE ONLY
|
|||
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
|||
Canada
|
||||
5
|
SOLE VOTING POWER
|
|||||||
NUMBER OF
|
|
|||||||
SHARES
|
||||||||
BENEFICIALLY
|
6
|
SHARED VOTING POWER
|
||||||
OWNED
|
1,144,147
|
|||||||
BY
|
||||||||
EACH
|
7
|
SOLE DISPOSITIVE POWER
|
||||||
REPORTING
|
|
|||||||
PERSON
|
||||||||
WITH:
|
8
|
SHARED DISPOSITIVE POWER
|
||||||
1,144,147
|
||||||||
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|||||||
1,144,147
|
||||||||
10
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|
o
|
||||||
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
|
|||||||
4.93%
|
||||||||
12
|
TYPE OF REPORTING PERSON*
|
|||||||
IN, HC
|
CUSIP No. 03969P107
|
13G/A
|
Page 4 of 13 Pages
|
||
1
|
NAME OF REPORTING PERSON:
Maple Leaf Capital I, L.L.C.
|
|||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
|
(a) o
|
||
(b) x
|
||||
3
|
SEC USE ONLY
|
|||
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
|||
Delaware
|
||||
5
|
SOLE VOTING POWER
|
|||||||
NUMBER OF
|
0
|
|||||||
SHARES
|
||||||||
BENEFICIALLY
|
6
|
SHARED VOTING POWER
|
||||||
OWNED
|
797,924
|
|||||||
BY
|
||||||||
EACH
|
7
|
SOLE DISPOSITIVE POWER
|
||||||
REPORTING
|
0
|
|||||||
PERSON
|
||||||||
WITH:
|
8
|
SHARED DISPOSITIVE POWER
|
||||||
797,924
|
||||||||
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|||||||
797,924
|
||||||||
10
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|
o
|
||||||
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
|
|||||||
3.44%
|
||||||||
12
|
TYPE OF REPORTING PERSON*
|
|||||||
CO, HC
|
CUSIP No. 03969P107
|
13G
|
Page 5 of 13 Pages
|
||
1
|
NAME OF REPORTING PERSON:
Maple Leaf Partners, L.P.
|
|||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
|
(a) o
|
||
(b) x
|
||||
3
|
SEC USE ONLY
|
|||
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
|||
Delaware
|
||||
5
|
SOLE VOTING POWER
|
|||||||
NUMBER OF
|
0
|
|||||||
SHARES
|
||||||||
BENEFICIALLY
|
6
|
SHARED VOTING POWER
|
||||||
OWNED
|
656,756
|
|||||||
BY
|
||||||||
EACH
|
7
|
SOLE DISPOSITIVE POWER
|
||||||
REPORTING
|
0
|
|||||||
PERSON
|
||||||||
WITH:
|
8
|
SHARED DISPOSITIVE POWER
|
||||||
656,756
|
||||||||
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|||||||
656,756
|
||||||||
10
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|
o
|
||||||
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
|
|||||||
2.83%
|
||||||||
12
|
TYPE OF REPORTING PERSON*
|
|||||||
PN
|
CUSIP No. 03969P107
|
13G
|
Page 6 of 13 Pages
|
||
1
|
NAME OF REPORTING PERSON:
Maple Leaf Partners I, L.P.
|
|||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
|
(a) o
|
||
(b) x
|
||||
3
|
SEC USE ONLY
|
|||
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
|||
Delaware
|
||||
5
|
SOLE VOTING POWER
|
|||||||
NUMBER OF
|
0
|
|||||||
SHARES
|
||||||||
BENEFICIALLY
|
6
|
SHARED VOTING POWER
|
||||||
OWNED
|
69,983
|
|||||||
BY
|
||||||||
EACH
|
7
|
SOLE DISPOSITIVE POWER
|
||||||
REPORTING
|
0
|
|||||||
PERSON
|
||||||||
WITH:
|
8
|
SHARED DISPOSITIVE POWER
|
||||||
69,983
|
||||||||
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|||||||
69,983
|
||||||||
10
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|
o
|
||||||
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
|
|||||||
0.30%
|
||||||||
12
|
TYPE OF REPORTING PERSON*
|
|||||||
PN
|
CUSIP No. 03969P107
|
13G
|
Page 7 of 13 Pages
|
||
1
|
NAME OF REPORTING PERSON:
Maple Leaf Discovery, L.P.
|
|||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
|
(a) o
|
||
(b) x
|
||||
3
|
SEC USE ONLY
|
|||
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
|||
Delaware
|
||||
5
|
SOLE VOTING POWER
|
|||||||
NUMBER OF
|
0
|
|||||||
SHARES
|
||||||||
BENEFICIALLY
|
6
|
SHARED VOTING POWER
|
||||||
OWNED
|
7,720
|
|||||||
BY
|
||||||||
EACH
|
7
|
SOLE DISPOSITIVE POWER
|
||||||
REPORTING
|
0
|
|||||||
PERSON
|
||||||||
WITH:
|
8
|
SHARED DISPOSITIVE POWER
|
||||||
7,720
|
||||||||
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|||||||
7,720
|
||||||||
10
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|
o
|
||||||
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
|
|||||||
0.03%
|
||||||||
12
|
TYPE OF REPORTING PERSON*
|
|||||||
PN
|
CUSIP No. 03969P107
|
13G
|
Page 8 of 13 Pages
|
||
1
|
NAME OF REPORTING PERSON:
Maple Leaf Discovery I, L.P.
|
|||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
|
(a) o
|
||
(b) x
|
||||
3
|
SEC USE ONLY
|
|||
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
|||
Delaware
|
||||
5
|
SOLE VOTING POWER
|
|||||||
NUMBER OF
|
0
|
|||||||
SHARES
|
||||||||
BENEFICIALLY
|
6
|
SHARED VOTING POWER
|
||||||
OWNED
|
63,465
|
|||||||
BY
|
||||||||
EACH
|
7
|
SOLE DISPOSITIVE POWER
|
||||||
REPORTING
|
0
|
|||||||
PERSON
|
||||||||
WITH:
|
8
|
SHARED DISPOSITIVE POWER
|
||||||
63,465
|
||||||||
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|||||||
63,465
|
||||||||
10
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|
o
|
||||||
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
|
|||||||
0.27%
|
||||||||
12
|
TYPE OF REPORTING PERSON*
|
|||||||
PN
|
CUSIP No. 03969P107
|
13G
|
Page 9 of 13 Pages
|
||
1
|
NAME OF REPORTING PERSON:
Maple Leaf Offshore, Ltd.
|
|||
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
|
(a) o
|
||
(b) x
|
||||
3
|
SEC USE ONLY
|
|||
4
|
CITIZENSHIP OR PLACE OF ORGANIZATION
|
|||
Cayman Islands
|
||||
5
|
SOLE VOTING POWER
|
|||||||
NUMBER OF
|
0
|
|||||||
SHARES
|
||||||||
BENEFICIALLY
|
6
|
SHARED VOTING POWER
|
||||||
OWNED
|
174,337
|
|||||||
BY
|
||||||||
EACH
|
7
|
SOLE DISPOSITIVE POWER
|
||||||
REPORTING
|
0
|
|||||||
PERSON
|
||||||||
WITH:
|
8
|
SHARED DISPOSITIVE POWER
|
||||||
174,337
|
||||||||
9
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|||||||
174,337
|
||||||||
10
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|
o
|
||||||
11
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
|
|||||||
0.75%
|
||||||||
12
|
TYPE OF REPORTING PERSON*
|
|||||||
CO
|
CUSIP No. 03969P107
|
13G/A
|
Page 10 of 13 Pages
|
(i)
|
Andreeff Equity Advisors, L.L.C. (“AEA”)
|
||
(ii)
|
Dane Andreeff
|
||
(iii)
|
Maple Leaf Capital I, L.L.C. (“Capital”)
|
||
(iv)
|
Maple Leaf Partners, L.P. (“MLP”)
|
||
(v)
|
Maple Leaf Partners I, L.P. (“MLPI”)
|
||
(vi)
|
Maple Leaf Discovery, L.P. (“MLD”)
|
||
(vii)
|
Maple Leaf Discovery I, L.P. (“MLDI”)
|
||
(viii)
|
Maple Leaf Offshore, Ltd. (“MLO”)
|
(i)
|
AEA
|
Delaware limited liability company
|
|
(ii)
|
Dane Andreeff
|
Canada
|
|
(iii)
|
Capital
|
Delaware limited liability company
|
|
(iv)
|
MLP
|
Delaware limited partnership
|
|
(v)
|
MLPI
|
Delaware limited partnership
|
|
(vi)
|
MLD
|
Delaware limited partnership
|
|
(vii)
|
MLDI
|
Delaware limited partnership
|
|
(viii)
|
MLO
|
Cayman Islands company
|
CUSIP No. 03969P107
|
13G/A
|
Page 11 of 13 Pages
|
CUSIP No. 03969P107
|
13G/A
|
Page 12 of 13 Pages
|
(i)
|
Maple Leaf Partners, L.P.
|
|
(ii)
|
Maple Leaf Partners I, L.P.
|
|
(iii)
|
Maple Leaf Discovery, L.P.
|
|
(iv)
|
Maple Leaf Discovery I, L.P.
|
CUSIP No. 03969P107
|
13G/A
|
Page 13 of 13 Pages
|
Dated:
|
February 14, 2011
|
MAPLE LEAF PARTNERS, L.P.*
By: Dane Andreeff
|
||
/s/ Dane Andreeff
|
/s/ Dane Andreeff
|
|
Name: Dane Andreeff *
|
Name: Dane Andreeff
Title: Managing Member
Andreeff Equity Advisors, L.L.C.
|
|
ANDREEFF EQUITY ADVISORS, L.L.C.*
By: Dane Andreeff
|
MAPLE LEAF PARTNERS I, L.P.*
By: Dane Andreeff
|
|
/s/ Dane Andreeff
|
/s/ Dane Andreeff
|
|
Name: Dane Andreeff *
Title: Managing Member
|
Name: Dane Andreeff
Title: Managing Member
Andreeff Equity Advisors, L.L.C.
|
|
MAPLE LEAF CAPITAL I, L.L.C.*
By: Dane Andreeff
|
MAPLE LEAF OFFSHORE, LTD.*
By: Dane Andreeff
|
|
/s/ Dane Andreeff
|
/s/ Dane Andreeff
|
|
Name: Dane Andreeff *
Title: Managing Member
|
Name: Dane Andreeff
Title: Director
|
|
MAPLE LEAF DISCOVERY, LP*
By: Dane Andreeff
|
MAPLE LEAF DISCOVERY I, LP*
By: Dane Andreeff
|
|
/s/ Dane Andreeff
|
/s/ Dane Andreeff
|
|
Name: Dane Andreeff
Title: Managing Member
Andreeff Equity Advisors, L.L.C.
|
Name: Dane Andreeff
Title: Managing Member
Andreeff Equity Advisors, L.L.C.
|
MAPLE LEAF PARTNERS, L.P.*
By: Dane Andreeff
|
||
/s/ Dane Andreeff
|
/s/ Dane Andreeff
|
|
Name: Dane Andreeff *
|
Name: Dane Andreeff
Title: Managing Member
Andreeff Equity Advisors, L.L.C.
|
|
ANDREEFF EQUITY ADVISORS, L.L.C.*
By: Dane Andreeff
|
MAPLE LEAF PARTNERS I, L.P.*
By: Dane Andreeff
|
|
/s/ Dane Andreeff
|
/s/ Dane Andreeff
|
|
Name: Dane Andreeff *
Title: Managing Member
|
Name: Dane Andreeff
Title: Managing Member
Andreeff Equity Advisors, L.L.C.
|
|
MAPLE LEAF CAPITAL I, L.L.C.*
By: Dane Andreeff
|
MAPLE LEAF OFFSHORE, LTD.*
By: Dane Andreeff
|
|
/s/ Dane Andreeff
|
/s/ Dane Andreeff
|
|
Name: Dane Andreeff *
Title: Managing Member
|
Name: Dane Andreeff
Title: Director
|
|
MAPLE LEAF DISCOVERY, LP*
By: Dane Andreeff
|
MAPLE LEAF DISCOVERY I, LP*
By: Dane Andreeff
|
|
/s/ Dane Andreeff
|
/s/ Dane Andreeff
|
|
Name: Dane Andreeff
Title: Managing Member
Andreeff Equity Advisors, L.L.C.
|
Name: Dane Andreeff
Title: Managing Member
Andreeff Equity Advisors, L.L.C.
|