Form 13-G

SECURITIES AND EXCHANGE COMMISSION

 

Washington, D.C. 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

 

(Amendment No. 2)*
 

Verticalnet, Inc.

(Name of Issuer)

 

Common stock, par value $0.01

(Title of Class of Securities)

 

92532L206

(CUSIP Number)

 

December 2, 2005

(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 the disclosures provided in a prior cover page.

The information required in 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.

 

(Continued on following page(s))
Page 1 of 5 Pages


CUSIP NO. 92532L206

13G

Page 2 of 5 Pages

 

 

1)

Names of Reporting persons:  Canadian Imperial Bank of Commerce
I.R.S. Identification Nos. of Above Persons (entities only):  13-1942440

 

 

 

 

 

 

2)

Check the appropriate Box if a Member of a Group (See Instructions)

(a)

 

(b)

 

 

 

 

 

3)

SEC Use Only

 

 

 

 

4)

Citizenship of Place of Organization:  Canada

 

Number of
Shares
Beneficially
Owned by Each
Reporting
Person With


(5)


Sole Voting Power:  176,080


(6)


Shared Voting Power:  -0-

 


(7)


Sole Dispositive Power:  176,080

 


(8)


Shared Dispositive Power:  -0-

 

9)         Aggregate Amount Beneficially Owned by Each Reporting Person:  176,080

 

 

10)       Check if the Aggregate Amount in Row (9) Excludes Certain Shares (see Instructions):

 

 

11)       Percent of Class Represented by Amount in Row 9:  0.37

 

 

12)       Type of Reporting Person (See Instruction):  HC

 

 

CUSIP NO. 92532L206

13G

Page 3 of 5 Pages 
   

Item 1(a):

Name of Issuer:

 

 

 

Verticalnet, Inc.

 

 

Item 1(b):

Address of Issuer's Principal Executive Offices:

 

400 Chester Field Parkway

 

Malvern, PA  19355

 

 

Item 2(a):

Name of Person Filing:

 

 

 

Canadian Imperial Bank of Commerce

 

 

Item 2(b):

Address of Principal Business Office or, if none, Residence:

 

 

 

199 Bay Street

 

Toronto, Ontario  M5L 1A2

 

Canada

 

 

Item 2(c):

Citizenship:

 

 

 

Canada

 

 

Item 2(d):

Title of Class of Securities:

 

 

 

Common Shares, par value $0.01

 

 

Item 2(e):

CUSIP Number:

 

 

 

92532L206

 

 

Item 3:

 

 

 

Item 4(a):  

Amount Beneficially Owned:

 

 

 

176,080

 

 

Item 4(b):

Percent of Class:

 

 

 

0.37


 

CUSIP NO.   92532L206

13G

Page 4 of 5 Pages

 

 
Item 4(c):    Number of Shares as to Which Such Person Has:

 

 

 

 

(i)

Sole power to vote or direct the vote:

 

 

 

 

 

176,080

 

 

 

 

(ii)

Shared power to vote or direct the vote:

 

 

 

 

 

-0-

 

 

 

 

(iii)

Sole power to dispose or direct the disposition of:

 

 

 

 

 

176,080

 

 

 

 

(iv)

Shared power to dispose or direct the disposition of:

 

 

 

 

 

-0-

 

 

 

Item 5:

Ownership of Five Percent or Less of a Class:

 

 

 

Not applicable.

 

 

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:

 

 

 

CIBC Capital Partners Technology Ventures, LLC (OO)

 

CIBC WMC Inc. (CO)

 

 

Item 8:

Identification and Classification of Members of the Group:

 

 

 

Not applicable

 

 

Item 9:

Notice of Dissolution of Group:

 

 

 

Not applicable

 

 

Item 10:

Certifications:


 

CUSIP NO.   92532L206

13G

Page 5 of 5 Pages

 

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.

 

Date:  December 14, 2005

 

CANADIAN IMPERIAL BANK OF COMMERCE

 

 

 

 

 

 

 

 

 

 

 

 

 

 

/s/ Antonio Molestina                             

 

 

 

By:

Name:  Antonio Molestina

 

 

 

 

Title:    Senior Vice President, Deputy General Counsel