13D Filing: Leon Capital Partners, LLC and Ruby Tuesday Inc (RT)

The following constitutes
Amendment No. 1 (“Amendment No. 1”) to the Schedule 13D filed by the undersigned (the “Schedule 13D”).
This Amendment No. 1 amends the Schedule 13D as specifically set forth herein.

Item 3.

Source and Amount of Funds or Other Consideration.

Item 3 is hereby
amended and restated to read as follows:

The Shares purchased
by Chimera Investments were purchased with working capital (which may, at any given time, include working capital loans made in
the ordinary course of business as well as margin loans made by brokerage firms in the ordinary course of business) in open market
purchases, except as otherwise noted, as set forth in Schedule A, which is incorporated by reference herein. The aggregate purchase
price of the 1,628,727 Shares beneficially owned by Chimera Investments is approximately $3,566,586, excluding brokerage commissions.

Item 5.

Interest in Securities of the Issuer.

Item 5 is hereby amended
and restated to read as follows:

The aggregate percentage
of Shares reported owned by each person named herein is based upon 61,186,581 Shares outstanding, as of October 9, 2017, which
is the total number of Shares outstanding as reported in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities
and Exchange Commission on October 16, 2017.

A.

Chimera Investments

(a)

As of the close of business on October 18, 2017, Chimera Investments beneficially owned 1,628,727 Shares.

Percentage: Approximately 2.7%

(b)

1. Sole power to vote or direct vote: 1,628,727 2. Shared power to vote or direct vote: 0 3. Sole power to dispose or direct the disposition: 1,628,727 4. Shared power to dispose or direct the disposition: 0

(c)

The transactions in the Shares by Chimera Investments during the past sixty days are set forth in Schedule A and are incorporated herein by reference.

B.

Chimera Capital

(a)

Chimera Capital, as the manager of Chimera Investments, may be deemed the beneficial owner of the 1,628,727 Shares owned by Chimera Investments.

Percentage: Approximately 2.7%

(b)

1. Sole power to vote or direct vote: 1,628,727 2. Shared power to vote or direct vote: 0 3. Sole power to dispose or direct the disposition: 1,628,727 4. Shared power to dispose or direct the disposition: 0