Amended Statement of Ownership: Solicitation (sc 14d9/a)

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

SCHEDULE 14D-9/A

(RULE 14d-101)

SOLICITATION/RECOMMENDATION STATEMENT

UNDER SECTION 14(d)(4) OF THE SECURITIES EXCHANGE ACT OF 1934

Maxwell Technologies, Inc.

(Name of Subject Company)

Maxwell Technologies, Inc.

(Name of Persons Filing Statement)

Common Stock, par value $0.10 per share

(Title of Class of Securities)

Common Stock—577767106

(CUSIP Number of Class of Securities)

Dr. Franz Fink

President and Chief Executive Officer

Maxwell Technologies, Inc.

3888 Calle Fortunada

San Diego, California 92123

(858) 503-3300

(Name, address and telephone numbers of person authorized to receive notices and communications on behalf of the persons filing statement)

With copies to:

Larry W. Nishnick, Esq.

Patrick J. O’Malley, Esq.

DLA Piper LLP (US)

4365 Executive Drive, Suite 1100

San Diego, California 92121

(858) 677-1400



☐		Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer.

This Amendment No. 6 (this “ Amendment No. 6 ”) to Schedule 14D-9 amends and supplements the Schedule 14D-9 originally filed by Maxwell Technologies, Inc., a Delaware corporation (the “ Company ”), with the Securities and Exchange Commission (the “ SEC ”) on February 20, 2019, as amended by that certain Amendment No. 1 to Schedule 14D-9 previously filed by the Company with the SEC on March 15, 2019, Amendment No. 2 to the Schedule 14D-9 previously filed by the Company with the SEC on March 25, 2019, Amendment No. 3 to the Schedule 14D-9 previously filed by the Company with the SEC on March 28, 2019, Amendment No. 4 to the Schedule 14D-9 previously filed by the Company with the SEC on April 8, 2019 and Amendment No. 5 to the Schedule 14D-9 previously filed by the Company with the SEC on April 30, 2019 (collectively, as may be further amended and supplemented from time to time, the “ Schedule 14D-9 ”) relating to the exchange offer by Cambria Acquisition Corp., a Delaware corporation (the “ Offeror ”) and a wholly owned subsidiary of Tesla, Inc., a Delaware corporation (“ Tesla ”), as disclosed in the Tender Offer Statement on Schedule TO (together with the exhibits thereto, as may be amended from time to time, the “ Schedule TO ”), filed by the Offeror and Tesla with the SEC on February 20, 2019, as amended on March 15, 2019, March 28, 2019, April 3, 2019, April 8, 2019, April 30, 2019, May 8, 2019 and May 13, 2019, pursuant to which the Offeror is offering to acquire all of the issued and outstanding shares of Maxwell Common Stock.

The terms and conditions of the offer are set forth in Tesla’s prospectus/offer to exchange (the “ Offer to Exchange” ), which is part of a Registration Statement on Form S-4 (the “ Form S-4 ”) that Tesla has filed on February 20, 2019, as amended on March 15, 2019, March 28, 2019, April 3, 2019, April 8, 2019 and April 30, 2019 with the SEC, and which, with the related letter of transmittal, together with any further amendments or supplements, collectively constitute the “ Offer .”

Except as set forth below, the information set forth in the Schedule 14D-9 remains unchanged and is incorporated herein by reference as relevant to the items in this Amendment No. 6.

Item 8. Additional Information.

Item 8 of Schedule 14D-9 and the disclosure is hereby amended and supplemented by adding the following information:

“Based on the terms of the Merger Agreement between Tesla and Maxwell, as well as the terms and conditions set forth in Tesla’s exchange offer materials and related letter of transmittal, if the Offer is completed on its currently scheduled expiration date, each Maxwell stockholder that participates in the Offer will receive, for each share of Maxwell Common Stock validly tendered and not validly withdrawn prior to the expiration date of the Offer, 0.0193 of a share of Tesla Common Stock, $0.001 par value per share (“ Tesla Common Stock ”), which represents the quotient obtained by dividing $4.75 by a floor price of Tesla common stock equal to $245.90, together with cash in lieu of any fractional shares of Tesla Common Stock (the “ Offer Consideration ”), without interest and less any applicable withholding taxes. The Offer is scheduled to expire at 11:59 p.m., Eastern Time, on May 15, 2019, unless it is further extended or earlier terminated in accordance with the Merger Agreement. The completion of the Offer remains subject to customary closing conditions.”

SIGNATURES

After due inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.