Filing Details
- Accession Number:
- 0000919574-18-005747
- Form Type:
- 13D Filing
- Publication Date:
- 2018-08-17 17:17:47
- Filed By:
- Whitebox Advisors
- Company:
- Saexploration Holdings Inc. (NASDAQ:SAEX)
- Filing Date:
- 2018-08-17
- SEC Url:
- 13D Filing
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
| Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
|---|---|---|---|---|---|---|
| Whitebox Advisors | 0 | 10,052,865 | 0 | 10,052,865 | 10,052,865 | 36.04% |
| Whitebox General Partner | 0 | 10,052,865 | 0 | 10,052,865 | 10,052,865 | 36.04% |
| Whitebox Multi-Strategy Partners | 0 | 6,020,733 | 0 | 6,020,733 | 6,020,733 | 24.19% |
| Whitebox Credit Partners | 0 | 2,004,934 | 0 | 2,004,934 | 2,004,934 | 9.14% |
| Whitebox Asymmetric Partners | 0 | 1,472,223 | 0 | 1,472,223 | 1,472,223 | 6.83% |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13D
THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 8)*
| SAExploration Holdings, Inc. |
| (Name of Issuer) |
| Common Stock, $0.0001 par value |
| (Title of Class of Securities) |
| 78636X204 |
| (CUSIP Number) |
| Mark Strefling Whitebox Advisors LLC 3033 Excelsior Boulevard Suite 300 Minneapolis, MN 55416 (612) 253-6001 |
| (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) |
| August 9, 2018 |
| (Date of Event Which Requires Filing of this Statement) |
| If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of ss.240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box [_]. |
| * 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 disclosures provided in a prior cover page. |
| CUSIP No. | 78636X204 |
| 1. | NAME OF REPORTING PERSONS | |
| I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) | ||
| Whitebox Advisors LLC |
| 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) [_] |
| (b) [X] |
| 3. | SEC USE ONLY | |
| 4. | SOURCE OF FUNDS | |
| AF |
| 5. | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | [X] |
| 6. | CITIZENSHIP OR PLACE OF ORGANIZATION | |
| Delaware |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| 7. | SOLE VOTING POWER | |
| 0 |
| 8. | SHARED VOTING POWER | |
| 10,052,865* |
| 9. | SOLE DISPOSITIVE POWER | |
| 0 | ||
| 10. | SHARED DISPOSITIVE POWER | |
| 10,052,865* |
| 11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | |
| 10,052,865* |
| 12. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | [_] |
| 13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | |
| 36.04%* |
| 14. | TYPE OF REPORTING PERSON | |
| IA |
* The percent of class is calculated based on 20,453,273 shares of Common Stock issued and outstanding as of August 8, 2018 based on the 10-Q filed by the Issuer on August 9, 2018. The number of Common Stock reported herein is comprised of (i) 2,609,039 shares of Common Stock and (ii) 7,443,826 additional shares of Common Stock issuable to WMP, WCP, WAP (as defined in Item 2), and a certain other WA Private Fund upon the exercise of 2,446,026 Series C Warrants and 4,997,800 Series D Warrants. However, these figures do not include any Future Warrants the Reporting Persons expect to receive pursuant to the warrant election described in the Series A Preferred Shares Certificate. Moreover, the figure in Row 13 was, for the avoidance of doubt, calculated without including any Common Stock that are expected to be outstanding as of the Series A Preferred Shares Conversion Date. As a result, the Reporting Persons' beneficial ownership is subject to change on or around the Series A Preferred Shares Conversion Date.
| CUSIP No. | 78636X204 |
| 1. | NAME OF REPORTING PERSONS | |
| I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) | ||
| Whitebox General Partner LLC |
| 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) [_] |
| (b) [X] |
| 3. | SEC USE ONLY | |
| 4. | SOURCE OF FUNDS | |
| AF |
| 5. | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | [_] |
| 6. | CITIZENSHIP OR PLACE OF ORGANIZATION | |
| Delaware |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| 7. | SOLE VOTING POWER | |
| 0 |
| 8. | SHARED VOTING POWER | |
| 10,052,865* |
| 9. | SOLE DISPOSITIVE POWER | |
| 0 | ||
| 10. | SHARED DISPOSITIVE POWER | |
| 10,052,865* |
| 11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | |
| 10,052,865* |
| 12. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | [_] |
| 13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | |
| 36.04%* |
| 14. | TYPE OF REPORTING PERSON | |
| OO |
* The percent of class is calculated based on 20,453,273 shares of Common Stock issued and outstanding as of August 8, 2018 based on the 10-Q filed by the Issuer on August 9, 2018. The number of Common Stock reported herein is comprised of (i) 2,609,039 shares of Common Stock and (ii) 7,443,826 additional shares of Common Stock issuable to WMP, WCP, WAP and a certain other WA Private Fund upon the exercise of 2,446,026 Series C Warrants and 4,997,800 Series D Warrants. However, these figures do not include any Future Warrants the Reporting Persons expect to receive pursuant to the warrant election described in the Series A Preferred Shares Certificate. Moreover, the figure in Row 13 was, for the avoidance of doubt, calculated without including any Common Stock that are expected to be outstanding as of the Series A Preferred Shares Conversion Date. As a result, the Reporting Persons' beneficial ownership is subject to change on or around the Series A Preferred Shares Conversion Date.
| CUSIP No. | 78636X204 |
| 1. | NAME OF REPORTING PERSONS | |
| I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) | ||
| Whitebox Multi-Strategy Partners, LP |
| 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) [_] |
| (b) [X] |
| 3. | SEC USE ONLY | |
| 4. | SOURCE OF FUNDS | |
| WC |
| 5. | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | [_] |
| 6. | CITIZENSHIP OR PLACE OF ORGANIZATION | |
| British Virgin Islands |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| 7. | SOLE VOTING POWER | |
| 0 |
| 8. | SHARED VOTING POWER | |
| 6,020,733* |
| 9. | SOLE DISPOSITIVE POWER | |
| 0 | ||
| 10. | SHARED DISPOSITIVE POWER | |
| 6,020,733* |
| 11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | |
| 6,020,733* |
| 12. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | [_] |
| 13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | |
| 24.19%* |
| 14. | TYPE OF REPORTING PERSON | |
| PN |
* The percent of class is calculated based on 20,453,273 shares of Common Stock issued and outstanding as of August 8, 2018 based on the 10-Q filed by the Issuer on August 9, 2018. The number of Common Stock reported herein is comprised of (i) 1,582,395 shares of Common Stock and (ii) 4,438,338 additional shares of Common Stock issuable to WMP upon the exercise of 1,458,434 Series C Warrants and 2,979,904 Series D Warrants. However, these figures do not include any Future Warrants WMP expects to receive pursuant to the warrant election described in the Series A Preferred Shares Certificate. Moreover, the figure in Row 13 was, for the avoidance of doubt, calculated without including any Common Stock that are expected to be outstanding as of the Series A Preferred Shares Conversion Date. As a result, WMP's beneficial ownership is subject to change on or around the Series A Preferred Shares Conversion Date.
| CUSIP No. | 78636X204 |
| 1. | NAME OF REPORTING PERSONS | |
| I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) | ||
| Whitebox Credit Partners, LP |
| 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) [_] |
| (b) [X] |
| 3. | SEC USE ONLY | |
| 4. | SOURCE OF FUNDS | |
| WC |
| 5. | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | [_] |
| 6. | CITIZENSHIP OR PLACE OF ORGANIZATION | |
| British Virgin Islands |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| 7. | SOLE VOTING POWER | |
| 0 |
| 8. | SHARED VOTING POWER | |
| 2,004,934* |
| 9. | SOLE DISPOSITIVE POWER | |
| 0 | ||
| 10. | SHARED DISPOSITIVE POWER | |
| 2,004,934* |
| 11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | |
| 2,004,934* |
| 12. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | [_] |
| 13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | |
| 9.14%* |
| 14. | TYPE OF REPORTING PERSON | |
| PN |
* The percent of class is calculated based on 20,453,273 shares of Common Stock issued and outstanding as of August 8, 2018 based on the 10-Q filed by the Issuer on August 9, 2018. The number of Common Stock reported herein is comprised of (i) 510,491 shares of Common Stock and (ii) 1,494,443 additional shares of Common Stock issuable to WCP upon the exercise of 491,070 Series C Warrants and 1,003,373 Series D Warrants. However, these figures do not include any Future Warrants WCP expects to receive pursuant to the warrant election described in the Series A Preferred Shares Certificate. Moreover, the figure in Row 13 was, for the avoidance of doubt, calculated without including any Common Stock that are expected to be outstanding as of the Series A Preferred Shares Conversion Date. As a result, WCP's beneficial ownership is subject to change on or around the Series A Preferred Shares Conversion Date.
| CUSIP No. | 78636X204 |
| 1. | NAME OF REPORTING PERSONS | |
| I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) | ||
| Whitebox Asymmetric Partners, LP |
| 2. | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) [_] |
| (b) [X] |
| 3. | SEC USE ONLY | |
| 4. | SOURCE OF FUNDS | |
| WC |
| 5. | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | [_] |
| 6. | CITIZENSHIP OR PLACE OF ORGANIZATION | |
| Cayman Islands |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| 7. | SOLE VOTING POWER | |
| 0 |
| 8. | SHARED VOTING POWER | |
| 1,472,223* |
| 9. | SOLE DISPOSITIVE POWER | |
| 0 | ||
| 10. | SHARED DISPOSITIVE POWER | |
| 1,472,223* |
| 11. | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | |
| 1,472,223* |
| 12. | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | [_] |
| 13. | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | |
| 6.83%* |
| 14. | TYPE OF REPORTING PERSON | |
| PN |
* The percent of class is calculated based on 20,453,273 shares of Common Stock issued and outstanding as of August 8, 2018 based on the 10-Q filed by the Issuer on August 9, 2018. The number of Common Stock reported herein is comprised of (i) 374,851 shares of Common Stock and (ii) 1,097,372 additional shares of Common Stock issuable to WAP upon the exercise of 360,592 Series C Warrants and 736,780 Series D Warrants. However, these figures do not include any Future Warrants WAP expects to receive pursuant to the warrant election described in the Series A Preferred Shares Certificate. Moreover, the figure in Row 13 was, for the avoidance of doubt, calculated without including any Common Stock that are expected to be outstanding as of the Series A Preferred Shares Conversion Date. As a result, WAP's beneficial ownership is subject to change on or around the Series A Preferred Shares Conversion Date.
| CUSIP No. | 78636X204 |
| Item 1. | Security and Issuer. |
| The name of the issuer is SAExploration Holdings, Inc., a Delaware corporation (the "Issuer"). The address of the Issuer's principal executive offices is 1160 Dairy Ashford Rd., Suite 160, Houston, Texas 77079, United States of America. This Schedule 13D relates to the Issuer's common stock, $0.0001 par value (the "Shares"). | ||
| Item 2. | Identity and Background. |
| (a), (f) | This Schedule 13D is being filed jointly by (i) Whitebox Advisors LLC, a Delaware limited liability company ("WA"), (ii) Whitebox General Partner LLC ("WB GP"), (iii) Whitebox Multi-Strategy Partners, LP, a British Virgin Islands limited partnership ("WMP"), (iv) Whitebox Credit Partners, LP, a British Virgin Islands limited partnership ("WCP"), (v) Whitebox Asymmetric Partners, LP, a Cayman Islands exempted limited partnership ("WAP"), and (vi) the Executive Officers and Board of Managers of WA and the members of the Board of WB GP, the names and citizenship of which are set forth in Exhibit B and Exhibit C, respectively (collectively, the "Reporting Persons"). | ||
| (b) | The principal business address for each of WA and WB GP is 3033 Excelsior Boulevard, Suite 300, Minneapolis, Minnesota 55416. The principal business address of WMP is c/o Estera Corporate Services (BVI) Limited, Jayla Place, Wickhams Cay 1, PO Box 3190, Road Town, Tortola, British Virgin Islands VG1110. The principal business address of WCP is c/o Estera Corporate Services (BVI) Limited, Jayla Place, Wickhams Cay 1, PO Box 3190, Road Town, Tortola, British Virgin Islands VG1110. The principal business address of WAP is c/o Mourant Ozannes Corporate Services (Cayman) Limited, 94 Solaris Avenue, Camana Bay, Grand Cayman KY1-1108 Cayman Islands. The principal business addresses of the Executive Officers and Board of Managers of WA and the members of the Board of WB GP, are set forth in Exhibit B and Exhibit C, respectively. | ||
| (c) | WA manages and advises private investment funds, including WMP, WCP, and WAP (the "WA Private Funds"). WB GP serves as general partner of private investment funds, including WMP, WCP, and WAP. The principal business of WMP, WCP, and WAP is investments. The principal businesses of the Executive Officers and Board of Managers of WA and the members of the Board of WB GP, are set forth in Exhibit B and Exhibit C, respectively. | ||
| (d) | None of the Reporting Persons have, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). |
| (e) | Except as set forth below in this Item 2(e) none of the Reporting Persons have, during the last five years been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
In April 2014, WA received a confidential information inquiry from the Securities and Exchange Commission (the "SEC") in connection with the purchase of shares in a secondary public offering which occurred in 2012. WA fully cooperated with the SEC and voluntarily reviewed historical trading activity to identify any other potential instances of inadvertent violations of Rule 105 of Regulation M under the Exchange Act ("Rule 105"). Based on this review, WA identified four additional instances in 2011 and 2012 where WA participated in a secondary offering during a restricted period. All of these instances were voluntarily disclosed to the SEC. The violations allegedly occurred between January 2011 and June 2012. Rule 105 generally prohibits purchasing an equity security in a registered follow-on public offering if the purchaser sold short the same security during the shorter of the period: (1) beginning five business days before the pricing of the offered securities and ending with such pricing; or (2) beginning with the initial filing of a registration statement or notification on Form 1-A or Form 1-E and ending with the pricing.
In July 2014, WA voluntarily submitted to an offer of settlement with respect to the five alleged violations of Rule 105, without admitting or denying the SEC's allegations. The SEC accepted the offer of settlement, and imposed a cease-and-desist order from future violations of Rule 105. The settlement involved the payment by WA of disgorgement of $788,779, prejudgment interest of $48,553.49 and a civil money penalty of $365,592.83 (for a total of $1,202,925.30) to the U.S. Treasury.
|
| Item 3. | Source and Amount of Funds or Other Consideration. | |
| No material changes from the Schedule 13D filed by the Reporting Persons on August 8, 2016. | ||
| Item 4. | Purpose of Transaction. | |
No material changes from the Schedule 13D filed by the Reporting Persons on August 2, 2018.
|
| Item 5. | Interest in Securities of the Issuer. | ||
| (a, b) | Item 5 is hereby amended and restated in its entirety as follows:
As of the date hereof, WA may be deemed to be the beneficial owner of 10,052,865 Shares, constituting 36.04% of the Shares of the Issuer, based on 20,453,273 shares of Common Stock issued and outstanding as of August 8, 2018 based on the 10-Q filed by the Issuer on August 9, 2018.
WA has the sole power to vote or direct the vote of 0 Shares; has the shared power to vote or direct the vote of 10,052,865 Shares; has the sole power to dispose or direct the disposition of 0 Shares; and has the shared power to dispose or direct the disposition of 10,052,865 Shares.
As of the date hereof, WB GP may be deemed to be the beneficial owner of 10,052,865 Shares, constituting 36.04% of the Shares of the Issuer, based on 20,453,273 shares of Common Stock issued and outstanding as of August 8, 2018 based on the 10-Q filed by the Issuer on August 9, 2018.
WB GP has the sole power to vote or direct the vote of 0 Shares; has the shared power to vote or direct the vote of 10,052,865 Shares; has the sole power to dispose or direct the disposition of 0 Shares; and has the shared power to dispose or direct the disposition of 10,052,865 Shares.
As of the date hereof, WMP may be deemed to be the beneficial owner of 6,020,733 Shares, constituting 24.19% of the Shares of the Issuer, based on 20,453,273 shares of Common Stock issued and outstanding as of August 8, 2018 based on the 10-Q filed by the Issuer on August 9, 2018.
WMP has the sole power to vote or direct the vote of 0 Shares; has the shared power to vote or direct the vote of 6,020,733 Shares; has the sole power to dispose or direct the disposition of 0 Shares; and has the shared power to dispose or direct the disposition of 6,020,733 Shares.
As of the date hereof, WCP may be deemed to be the beneficial owner of 2,004,934 Shares, constituting 9.14% of the Shares of the Issuer, based on 20,453,273 shares of Common Stock issued and outstanding as of August 8, 2018 based on the 10-Q filed by the Issuer on August 9, 2018.
WCP has the sole power to vote or direct the vote of 0 Shares; has the shared power to vote or direct the vote of 2,004,934 Shares; has the sole power to dispose or direct the disposition of 0 Shares; and has the shared power to dispose or direct the disposition of 2,004,934 Shares. As of the date hereof, WAP may be deemed to be the beneficial owner of 1,472,223 Shares, constituting 6.83% of the Shares of the Issuer, based on 20,453,273 shares of Common Stock issued and outstanding as of August 8, 2018 based on the 10-Q filed by the Issuer on August 9, 2018.
WAP has the sole power to vote or direct the vote of 0 Shares; has the shared power to vote or direct the vote of 1,472,223 Shares; has the sole power to dispose or direct the disposition of 0 Shares; and has the shared power to dispose or direct the disposition of 1,472,223 Shares. (c) No transactions in the class of securities reported on have been effected during the past sixty days.
(d) Certain Shares are beneficially owned by private investment funds that are managed by WA and/or for which WB GP serves as the general partner. None of these investment funds individually own more than 5% of the outstanding shares, except for WMP, WCP, and WAP.
(e) Not applicable. | ||
| Item 6. | Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. | |
|
No material changes from the Schedule 13D filed by the Reporting Persons on August 2, 2018. | ||
| Item 7. | Material to be Filed as Exhibits. |
| Exhibit A: Joint Filing Agreement
Exhibit B: Executive Officers and Board of Managers of Whitebox Advisors LLC
Exhibit C: Board Members of Whitebox General Partner LLC
|
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.
| August 17, 2018 | |||
| (Date) | |||
| Whitebox Advisors LLC
By: /s/ Mark Strefling Mark Strefling Whitebox Advisors LLC Chief Executive Officer
Whitebox General Partner LLC
By: /s/ Mark Strefling Mark Strefling Whitebox Advisors LLC Chief Executive Officer
Whitebox Multi-Strategy Partners, LP
By: Whitebox General Partner LLC
By: /s/ Mark Strefling Mark Strefling Whitebox Advisors LLC Chief Executive Officer
Whitebox Credit Partners, LP
By: Whitebox General Partner LLC
By: /s/ Mark Strefling Mark Strefling Whitebox Advisors LLC Chief Executive Officer
Whitebox Asymmetric Partners, LP
By: Whitebox General Partner LLC
By: /s/ Mark Strefling Mark Strefling Whitebox Advisors LLC Chief Executive Officer | |||
Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (see 18 U.S.C. 1001).
Exhibit A
AGREEMENT
The undersigned agree that this Schedule 13D amendment No. 8, dated August 17, 2018, relating to the Common Stock, $0.0001 par value of SAExploration Holdings, Inc. shall be filed on behalf of the undersigned.
| August 17, 2018 | |||
| (Date) |
| Whitebox Advisors LLC
By: /s/ Mark Strefling Mark Strefling Whitebox Advisors LLC Chief Executive Officer
Whitebox General Partner LLC
By: /s/ Mark Strefling Mark Strefling Whitebox Advisors LLC Chief Executive Officer
Whitebox Multi-Strategy Partners, LP
By: Whitebox General Partner LLC
By: /s/ Mark Strefling Mark Strefling Whitebox Advisors LLC Chief Executive Officer
Whitebox Credit Partners, LP
By: Whitebox General Partner LLC
By: /s/ Mark Strefling Mark Strefling Whitebox Advisors LLC Chief Executive Officer
Whitebox Asymmetric Partners, LP
By: Whitebox General Partner LLC
By: /s/ Mark Strefling Mark Strefling Whitebox Advisors LLC Chief Executive Officer |
Exhibit B
EXECUTIVE OFFICERS AND BOARD OF WHITEBOX ADVISORS LLC
The name, business address, present principal employment and citizenship of each executive officer and board member of Whitebox Advisors LLC is set forth below.
| Name | Business Address | Present Principal Employment | Citizenship | |||
| Andrew Redleaf | 3033 Excelsior Boulevard Suite 300 Minneapolis, MN 55416
| Founding Partner and Board member Whitebox Advisors LLC | USA | |||
| Robert Vogel | 3033 Excelsior Boulevard Suite 300 Minneapolis, MN 55416 | Co-Chief Investment Officer and Board member Whitebox Advisors LLC
| USA | |||
| Mark Strefling | 3033 Excelsior Boulevard Suite 300 Minneapolis, MN 55416
| Chief Executive Officer and Board member Whitebox Advisors LLC | USA | |||
| Elissa Weddle | 3033 Excelsior Boulevard Suite 300 Minneapolis, MN 55416
| Chief Legal Officer Whitebox Advisors LLC | USA | |||
| Chris Hardy | 280 Park Ave Suite 43W New York, NY 10017
| Chief Compliance Officer Whitebox Advisors LLC | USA | |||
| Brian Lofton | 3033 Excelsior Boulevard Suite 300 Minneapolis, MN 55416
| Chief Risk Officer Whitebox Advisors LLC | USA | |||
| Paul Twitchell | 3033 Excelsior Boulevard Suite 300 Minneapolis, MN 55416
| Co-Chief Investment Officer and Board member Whitebox Advisors LLC
| USA | |||
| Richard Vigilante | 3033 Excelsior Boulevard Suite 300 Minneapolis, MN 55416 | Chief Communications Officer and Board member Whitebox Advisors LLC
| USA | |||
| Robert Riepe | 3033 Excelsior Boulevard Suite 300 Minneapolis, MN 55416
| Chief Financial Officer Whitebox Advisors LLC | USA | |||
| Kerry Manaster | 3033 Excelsior Boulevard Suite 300 Minneapolis, MN 55416
| Chief Technology Officer Whitebox Advisors LLC | USA | |||
| Jake Mercer | 3033 Excelsior Boulevard, Suite 300 Minneapolis, MN 55416
| Head of Special Situations and Restructuring and Board member Whitebox Advisors LLC | USA | |||
| Paul Roos | 3033 Excelsior Boulevard, Suite 300 Minneapolis, MN 55416
| Head of Structured Credit and Board member Whitebox Advisors LLC | USA |
Exhibit C
BOARD OF WHITEBOX GENERAL PARTNER LLC
The name, business address, present principal employment and citizenship of each board member of Whitebox General Partner LLC is set forth below.
| Name | Business Address | Present Principal Employment | Citizenship | |||
| Andrew Redleaf | 3033 Excelsior Boulevard Suite 300 Minneapolis, MN 55416
| Founding Partner Whitebox Advisors LLC | USA | |||
| Robert Vogel | 3033 Excelsior Boulevard Suite 300 Minneapolis, MN 55416
| Co-Chief Investment Officer Whitebox Advisors LLC | USA | |||
| Mark Strefling | 3033 Excelsior Boulevard Suite 300 Minneapolis, MN 55416
| Chief Executive Officer Whitebox Advisors LLC | USA | |||
| Paul Twitchell | 3033 Excelsior Boulevard Suite 300 Minneapolis, MN 55416
| Co-Chief Investment Officer Whitebox Advisors LLC | USA | |||
| Richard Vigilante | 3033 Excelsior Boulevard Suite 300 Minneapolis, MN 55416 | Chief Communications Officer Whitebox Advisors LLC | USA | |||
| Jake Mercer | 3033 Excelsior Boulevard Suite 300 Minneapolis, MN 55416 | Head of Special Situations and Restructuring Whitebox Advisors LLC | USA | |||
| Paul Roos | 3033 Excelsior Boulevard Suite 300 Minneapolis, MN 55416 | Head of Structured Credit Whitebox Advisors LLC | USA |