13D Filing: Fir Tree and Eco-Stim Energy Solutions Inc. (ESES)

Item 4.

PURPOSE OF TRANSACTION

Item 4 of the Schedule 13D is hereby amended and supplemented by the addition of the following:

On March 29, 2018, the Issuer entered into a Securities Purchase Agreement (the “Securities Purchase
Agreement“) with certain Fir Tree Funds, pursuant to which such Fir Tree Funds agreed to purchase an aggregate of 10,000
shares of Series A Convertible Preferred Stock, par value $0.001 per share (the “Series A Preferred Stock“), at
a price of $1,000 (the “Stated Value”) per share (the “March 2018 Private Placement“), and
the right, subject to the mutual agreement of the Issuer and the Fir Tree Funds,
to acquire up to an additional 5,000 shares of Series A Preferred Stock at any time during the period beginning on April 2, 2018,
the closing date of the March 2018 Private Placement (the “March 2018 PIPE Closing Date“) and ending on the six
month anniversary of the March 2018 PIPE Closing Date (the “Additional Purchase Option“).

Item 3.	SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION

	Item 3 of the Schedule 13D is hereby amended and supplemented by the addition of the following:

	The Reporting Person used a total of $10,000,000 to acquire the shares of Series A Preferred Stock (as defined in Item 4) issued to the Reporting Person on April 2, 2018. The source of the funds used to acquire the shares of Series A Preferred Stock was the working capital of the Fir Tree Funds.

13D Filing: Fir Tree and Eco-Stim Energy Solutions Inc. (ESES)

Published on April 3, 2018 at 11:20 am by Insider Monkey Staff in Hedge Funds

Page 3 of 6 – SEC Filing

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