e424b3
 

Prospectus Supplement No. 1
Filed Pursuant to
Rule 424(b)(3) and (c)
File No. 333-127460
13,657,101 Shares of Common Stock
SOLEXA, INC.
     This prospectus supplement supplements the prospectus, dated September 1, 2005, of Solexa, Inc. relating to the offering and sale by selling stockholders of Solexa (or by donees, pledgees, transferees and other successors in interest that receive such shares as a gift, pledge, partnership distribution or other non-sale transfer) of up to 13,657,101 shares of our common stock. This prospectus supplement should be read in conjunction with the prospectus, and is qualified by reference to the prospectus, except to the extent that the information presented herein supercedes the information contained in the prospectus. The term “Selling Stockholders” as used in the prospectus shall be deemed to include the selling stockholders identified in the table below. This prospectus supplement is not complete without, and may not be delivered or utilized except in connection with, the prospectus, including any amendments or supplements thereto.
     Investing in our common stock involves a high degree of risk. See “Risk Factors” beginning on page 2 of the prospectus.
     NEITHER THE SECURITIES AND EXCHANGE COMMISSION NOR ANY STATE SECURITIES COMMISSION HAS APPROVED OR DISAPPROVED OF THESE SECURITIES OR PASSED UPON THE ADEQUACY OR ACCURACY OF THIS PROSPECTUS. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.
The date of this prospectus is January 19, 2006.

 


 

     This prospectus supplement is being filed in connection with the distribution of shares held by Oxford BioScience Partners IV L.P. and mRNA Fund II L.P., together the Oxford Funds, each identified in the prospectus as selling stockholders, to their respective partners. No additional shares of Solexa common stock are being offered for resale hereunder. Except with respect to directors and officers of Solexa, the entities that have filed reports pursuant to Section 13(f) of the Securities Exchange Act of 1934, as amended, or the Act, and statements of beneficial ownership filed pursuant to Sections 13(d) and 13(g) of the Act, the ownership indicated in the table below is based solely on shares owned by the indicated selling stockholders as a result of a distribution of shares by the Oxford Funds on January 18, 2006. The table appearing on pages 10-13 of the prospectus under the caption “Selling Stockholders” is supplemented and amended to include the following stockholders in addition to those identified in the prospectus:
                                         
    Shares of Common             Shares of Common  
    Stock Beneficially     Number     Stock Beneficially  
    Owned Prior to the     of     Owned After  
    Offering     Shares     Offering  
                    Being              
Security Holders***   Shares     Percent*     Offered     Shares     Percent*  
Oxford BioScience Partners IV L.P. (1), (2)
    1,035,610       3.44 %     490,819       544,791       1.81 %
mRNA Fund II L.P. (1), (3)
    10,388       * *     5,104       5,284       * *
125 Broad Street Fund, LLC
    6,534       * *     6,534       0       * *
AGF IART
    13,069       * *     13,069       0       * *
AGF VIE
    30,494       * *     30,494       0       * *
Akzo Nobel Pharma Ventures B.V.
    4,356       * *     4,356       0       * *
Alexandra R. Pearsall
    26       * *     26       0       * *
Alison Taunton-Rigby
    218       * *     218       0       * *
ALPHA 2001 L.P.
    10,891       * *     10,891       0       * *
American Family Mutual Insurance Company
    30,494       * *     30,494       0       * *
Artal Invest Ltd.
    43,563       * *     43,563       0       * *
Ashley J. Stevens
    436       * *     436       0       * *
Barry I. Eisenstein
    436       * *     436       0       * *
Bear Stearns Private Equity Limited
    10,891       * *     10,891       0       * *
Bernd R. Seizinger
    436       * *     436       0       * *
Big Woods II LLC
    21,781       * *     21,781       0       * *
Brent B. Milner
    218       * *     218       0       * *
California Emerging Ventures II LLC
    130,689       * *     130,689       0       * *
Catherine M. Stone Rev Tr dtd 10/18/99
    1,089       * *     1,089       0       * *
Chaos Partners I, L.P.
    4,356       * *     4,356       0       * *
Charles Schwab & Co., FBO Richard S. Foemmel IRA Account
    436       * *     436       0       * *
Christopher Covington
    436       * *     436       0       * *
Cornelius T. Ryan
    108       * *     108       0       * *
Credit Suisse Anlagestiftung
    6,534       * *     6,534       0       * *
CTTV Investments LLC
    8,713       * *     8,713       0       * *
David J. Livingston, Trustee of the David J. Livingston Rev Trust — 2002
    218       * *     218       0       * *
Dennis H. and Susan F. Langer
    218       * *     218       0       * *
Dogwood Investments, Inc.
    21,781       * *     21,781       0       * *

 


 

                                         
    Shares of Common             Shares of Common  
    Stock Beneficially     Number     Stock Beneficially  
    Owned Prior to the     of     Owned After  
    Offering     Shares     Offering  
                    Being              
Security Holders***   Shares     Percent*     Offered     Shares     Percent*  
Donald E. and Janet L. Schoeny
    436       * *     436       0       * *
Dr. Jules and Mrs. Barbara Blake
    108       * *     108       0       * *
Dr. Stephen Ashley Lawton & Mrs. Alison Frances Lawton
    218       * *     218       0       * *
Edward B. Roberts
    436       * *     436       0       * *
Edward R. Gates
    326       * *     326       0       * *
Eric W. Roberts
    436       * *     436       0       * *
Fire and Police Pension Association of Colorado
    21,781       * *     21,781       0       * *
Fort Washington Private Equity Investors III, L.P.
    43,563       * *     43,563       0       * *
Frederick Frank
    218       * *     218       0       * *
GE Capital Equity Holdings, Inc.
    65,344       * *     65,344       0       * *
General Practitioner LLC
    2,396       * *     2,396       0       * *
Genzyme Corporation
    21,781       * *     21,781       0       * *
Georges Haas
    218       * *     218       0       * *
GIMV NV — London Branch
    52,276       * *     52,276       0       * *
Godfrey S. Rockefeller “C” Tr dtd 12/12/63 FBO Marion R. Stone
    1,089       * *     1,089       0       * *
Gordon M. Binder and Adele H. Binder, trustees of the Binder Trust dated July 15, 2003
    13,069       * *     13,069       0       * *
GS PEP 1999 Manager Fund Technology Holdings, LLC
    1,551       * *     1,551       0       * *
GS PEP Technology Fund 2000 Offshore Holdings, L.P.
    19,277       * *     19,277       0       * *
GS PEP Technology Fund 2000, L.P.
    48,847       * *     48,847       0       * *
GS Private Equity Partners 2000 — Manager Fund, L.P.
    18,993       * *     18,993       0       * *
GS Private Equity Partners 2000 Offshore Holdings, L.P.
    17,207       * *     17,207       0       * *
GS Private Equity Partners 2000, L.P.
    50,925       * *     50,925       0       * *
HarbourVest Partners VI-Parallel Partnership Fund L.P.
    3,267       * *     40,296       0       * *
HarbourVest Partners VI-Partnership Fund L.P.
    40,296       * *     3,267       0       * *
HarbourVest VII Venture Ltd.
    21,781       * *     21,781       0       * *
Health Advances, Inc.
    436       * *     436       0       * *
Helen S. Fitzgerald
    436       * *     436       0       * *
Henry E. Blair
    218       * *     218       0       * *
HFI Private Equity, Ltd.
    32,672       * *     32,672       0       * *
Hiorts Finance SA
    8,713       * *     8,713       0       * *

 


 

                                         
    Shares of Common             Shares of Common  
    Stock Beneficially     Number     Stock Beneficially  
    Owned Prior to the     of     Owned After  
    Offering     Shares     Offering  
                    Being              
Security Holders***   Shares     Percent*     Offered     Shares     Percent*  
Howard Hughes Medical Institute
    87,127       * *     87,127       0       * *
Immunex Corporation
    8,713       * *     8,713       0       * *
International Business Machines Corporation
    21,781       * *     21,781       0       * *
Jack H. Morgan
    218       * *     218       0       * *
Jean Montagu
    436       * *     436       0       * *
Jeffrey A. Leerink
    326       * *     326       0       * *
Jeffrey Matthews
    436       * *     436       0       * *
Jennifer P. Stone 1991 Revocable Trust
    1,089       * *     1,089       0       * *
Joel S. Marcus
    436       * *     436       0       * *
John J. & Wendy G. J. Troy
    436       * *     436       0       * *
John R. Brown
    326       * *     326       0       * *
Joseph R. Hyde, III
    43,563       * *     43,563       0       * *
JP Morgan Bank, trustee for the BP Master Trust for Employee Pension Plans
    43,563       * *     43,563       0       * *
JPMorgan Chase Retirement Plan
    21,781       * *     21,781       0       * *
Justin P. Morreale
    436       * *     436       0       * *
Karl H. Proppe
    218       * *     218       0       * *
Kenneth A. Sorensen
    436       * *     436       0       * *
Kenneth Ward
    218       * *     218       0       * *
Klee USA Fund I, L.P.
    32,672       * *     32,672       0       * *
Larry Abrams
    436       * *     436       0       * *
Lee Brettman
    436       * *     436       0       * *
Los Angeles County Employees Retirement Association
    87,127       * *     87,127       0       * *
Lucy S. Moore
    1,089       * *     1,089       0       * *
Luna PCC Limited 2000 Cell
    436       * *     436       0       * *
Marc Kozin
    326       * *     326       0       * *
Margraf Investments, LLC
    436       * *     436       0       * *
Marion R. Stone
    1,089       * *     1,089       0       * *
Marion R. Stone Tr dtd 12/30/87
    2,178       * *     2,178       0       * *
Markaz Offshore Direct Investments
    4,356       * *     4,356       0       * *
Matthew L. Clark
    108       * *     108       0       * *
MC Life Science Ventures, Inc.
    13,069       * *     13,069       0       * *
MCC-PCG International Private Equity Fund
    13,069       * *     13,069       0       * *
Mellon Trust of New England, N.A., f/k/a Boston Safe Deposit and Trust Company as Trustee for the Qwest Occupational Health Trust
    9,802       * *     9,802       0       * *
Mellon Trust of New England, N.A., f/k/a Boston Safe Deposit and Trust Company as Trustee for the Qwest Pension Trust
    55,543       * *     55,543       0       * *

 


 

                                         
    Shares of Common             Shares of Common  
    Stock Beneficially     Number     Stock Beneficially  
    Owned Prior to the     of     Owned After  
    Offering     Shares     Offering  
                    Being              
Security Holders***   Shares     Percent*     Offered     Shares     Percent*  
Mellon Trust of New England, N.A., f/k/a Boston Safe Deposit and Trust Company, as Trustee for the Raytheon Master Pension Trust
    87,127       * *     87,127       0       * *
Michael E. Lytton
    53       * *     53       0       * *
Michael R. Pavia
    436       * *     436       0       * *
Nationwide Mutual Insurance Company
    21,781       * *     21,781       0       * *
Nippon Life Insurance Company
    43,563       * *     43,563       0       * *
Nordea Thematic Fund of Funds I k/s
    8,713       * *     8,713       0       * *
OBP Management IV L.P. (1), (4)
    19,998       * *     19,998       0       * *
Palladian Partners 2001, LLC
    10,891       * *     10,891       0       * *
Palmer & Dodge LLP
    218       * *     218       0       * *
Partners Group Private Equity Performance Holding Limited
    17,425       * *     17,425       0       * *
Paul A. Kirkconnell
    436       * *     436       0       * *
Pearl Holding Limited
    21,781       * *     21,781       0       * *
Peter Lanciano
    436       * *     436       0       * *
Peter O. Kliem & Ann Wolff
    218       * *     218       0       * *
Peter Preuss
    2,178       * *     2,178       0       * *
Peter Wirth
    436       * *     436       0       * *
Philip J. Edmundson
    326       * *     326       0       * *
Philip V. Holberton
    218       * *     218       0       * *
Pravin R. Chaturvedi
    326       * *     326       0       * *
Private Equity Investment Fund IV, LP
    13,069       * *     13,069       0       * *
Private Equity Technology Partners III C.V.
    43,563       * *     43,563       0       * *
Raymond N. Charest
    26       * *     26       0       * *
RGIP, LLC
    436       * *     436       0       * *
Rho Fund Investors II LLC
    21,781       * *     21,781       0       * *
Richard H. Egdahl
    218       * *     218       0       * *
Robert E. Flaherty
    218       * *     218       0       * *
Robert Granovsky
    218       * *     218       0       * *
Robert J. Hennessey
    436       * *     436       0       * *
Scott M. Rocklage
    436       * *     436       0       * *
Shalon Ventures L.P.
    436       * *     436       0       * *
Silicon Valley Bancshares
    2,178       * *     2,178       0       * *
Stone Street PEP Technology Fund 2000, L.P.
    17,451       * *     17,451       0       * *
Suzanne Troy Cole
    436       * *     436       0       * *
Teachers Insurance and Annuity Association of America
    87,127       * *     87,127       0       * *
TH&T Partners 2001, LLC
    436       * *     436       0       * *
The Bear Stearns Companies, Inc.
    10,891       * *     10,891       0       * *

 


 

                                         
    Shares of Common             Shares of Common  
    Stock Beneficially     Number     Stock Beneficially  
    Owned Prior to the     of     Owned After  
    Offering     Shares     Offering  
                    Being              
Security Holders***   Shares     Percent*     Offered     Shares     Percent*  
The John T. Lupton Trust
    10,891       * *     10,891       0       * *
The Lloyd Cotsen 1985 Trust
    10,891       * *     10,891       0       * *
The Markaz/Hamilton Lane Technology Fund L.P.
    13,069       * *     13,069       0       * *
The Norinchukin Bank
    21,781       * *     21,781       0       * *
The Regents of the University of California
    108,907       * *     108,907       0       * *
The Robert and Francine Lent Living Trust
    10,891       * *     10,891       0       * *
Timothy B. Stone 1994 Rev Tr
    436       * *     436       0       * *
Timothy R. Surgenor
    218       * *     218       0       * *
Tri-State Growth Capital Fund I L.P.
    21,781       * *     21,781       0       * *
Trustees of Boston University
    8,713       * *     8,713       0       * *
United of Omaha Life Insurance Company
    21,781       * *     21,781       0       * *
Victor W. Schmitt
    326       * *     326       0       * *
Vincent P. Stanton, Jr.
    173       * *     173       0       * *
V-Sciences Fund Investments Pte Ltd
    21,781       * *     21,781       0       * *
Wachovia Investors, Inc.
    21,781       * *     21,781       0       * *
William A. Holodnak
    218       * *     218       0       * *
 
                             
Subtotal
    3,045,998       10.54 %     2,495,923       550,075       1.83 %
 
                             
*   Percentage calculations based on 30,097,987 shares of our common stock that were issued and outstanding as of January 18, 2006.
 
**   Represents beneficial ownership of less than 1%.
 
***   Addresses that are not listed are c/o Oxford BioScience Partners VI L.P., 222 Berkeley Street, Boston, MA 02116.
 
(1)   OBP Management IV L.P. is the general partner for Oxford Bioscience Partners IV L.P. and mRNA Fund II L.P. Mark Carthy, a former director of Solexa, is a General Partner of OBP Management IV L.P. and may be deemed to share voting and investment power over the shares held by Oxford Bioscience Partners IV L.P. and mRNA Fund II L.P. Mr. Carthy disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. Doug Fambrough, a director of Solexa, is affiliated with Oxford Bioscience Partners IV, L.P. and mRNA Fund II L.P. and does not possess voting and/or investment power of the shares held by these entities. Dr. Fambrough disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. Excludes 1,559 shares of restricted common stock and options to purchase 20,000 shares of common stock held by Dr. Fambrough.
 
(2)   Includes 272,268 shares of common stock issuable upon exercise of a warrant.
 
(3)   Includes 2,732 shares of common stock issuable upon exercise of a warrant.
 
(4)   Excludes 763,342 shares of common stock held by Oxford BioScience Partners IV L.P., 272,268 shares of common stock issuable upon exercise of a warrant held by Oxford BioScience Partners IV L.P., 27,523 shares of common stock held by mRNA Fund II L.P. and 2,732 shares of common stock issuable upon exercise of a warrants held by mRNA Fund II L.P.