SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
(Amendment No. 2)
Under
the Securities Exchange Act of 1934*
Lexicon Pharmaceuticals, Inc.
(Name of Issuer)
Common Stock, 0.001 par value per share
(Title of Class of Securities)
528872104 (Common Stock)
(CUSIP Number)
September 12, 2008
(Date of Event Which Requires Filing of this
Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
r
Rule 13d-1(b)
x
Rule 13d-1(c)
rRule
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 the disclosures provided in a prior cover page.
CUSIP No.
528872104 Page 2 of
6
1
|
NAME OF
REPORTING
PERSON
S.S. OR
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Acqua
Wellington Opportunity I Limited.
|
||
|
2
|
CHECK THE
APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
r
(b)
r
|
||
|
3
|
SEC USE ONLY
|
||
|
4
|
CITIZENSHIP
OR PLACE OF ORGANIZATION
Bahamas
|
||
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NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
|
5
|
SOLE VOTING
POWER
0
|
|
|
6
|
SHARED
VOTING POWER
0
|
||
|
7
|
SOLE
DISPOSITIVE POWER
0
|
||
|
8
|
SHARED
DISPOSITIVE POWER
0
|
||
|
9
|
AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
|
||
|
10
|
CHECK BOX
IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
0;
r
|
||
|
11
|
PERCENT OF
CLASS REPRESENTED BY AMOUNT IN ROW (9)
0%
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||
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12
|
TYPE OF
REPORTING PERSON*
OO
(An international business company organized under the laws of the British
Virgin Islands)
|
||
*SEE
INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No.
528872104 Page 3 of
6
Item
1.
(a) Name of
Issuer:
Lexicon Pharmaceuticals Inc. (the “Company”)
(b) Address of Issuer's
Principal Executive Offices:
8800
Technology Forest Place
The
Woodlands, Texas 77381
Item
2.
(a) Name of Person
Filing:
Acqua
Wellington Opportunity I Limited
(b) Address of Principal
Business Office or, if none, Residence:
Acqua Wellington Opportunity I Limited
Charlotte House, Charlotte Street
P.O. Box N-9204
Nassau, Bahamas
(c) Citizenship:
Bahamas
(d) Title of Class of
Securities:
Common Stock, 0.001 par value per share (“Common Stock”).
(e) CUSIP Number:
528872104 (Common Stock)
CUSIP No. 528872104 Page 4 of 6
Item
3. If this statement is filed pursuant to §§240.13d-1(b)
or 240.13d-2(b) or (c), check
whether the person filing is a:
Not applicable.
Item
4. Ownership.
The
following is information regarding the aggregate number and percentage of the
class of securities of the issuer identified in Item 1.
(a) Amount
beneficially owned:
As of the date of this filing, the Reporting Person beneficially owns 0 shares
of Common Stock.
(b) Percent of class:
0% of the Company's Common Stock, which percentage was calculated based on a
figure of 136,796,000 shares of Common Stock outstanding as of June 30, 2008, as
reported in the Company's Current Report on Form 10Q, dated as of July 30,
2008.
(c) Number of shares as to
which the person has:
(i) Sole power to vote or to
direct the vote: 0
(ii) Shared power to vote or to direct
the vote: 0
(iii) Sole power to dispose or to direct the
disposition of: 0
(iv) Shared power to dispose or to direct
the disposition of: 0
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 Persons have ceased to be the beneficial owner of more than
five percent of the class of securities, check the following [].
Item
6. Ownership of More than Five Percent on Behalf of
Another Person
Not applicable.
Item
7. Identification and Classification of the Subsidiary
Which Acquired the Security Being Reported on By the Parent Holding
Company
Not applicable.
Item
8. Identification and Classification of Members of the
Group
Not applicable.
CUSIP No. 528872104
Page 5 of 6
Item
9. Notice of Dissolution of
Group
Not applicable.
Item 10.
Certification
Certification pursuant to §240.13d-1(c):
By signing below I certify that, to
the best of my knowledge and belief, the securities referred to above were not
acquired and are not held for the purpose of or with the effect of changing or
influencing the control of the issuer of the securities and were not acquired
and are not held in connection with or as a participant in any transaction
having that purpose or effect.
CUSIP No.
528872104 Page 6 of
6
SIGNATURE
After reasonable 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.
Dated:
September 17, 2008
ACQUA WELLINGTON
OPPORTUNITY I LIMITED
By:
/s/
Deirdre M.
McCoy
Name: Deirdre M. McCoy
Title: Authorized Person