13D Filing: Krensavage Asset Management Nominates 4 Directors for RTI Surgical, Inc. (RTIX)’s Board

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Page 12 of 21 SEC Filing

The following constitutes Amendment No. 1 to the Schedule 13D filed by the undersigned (“Amendment No. 1”).  This Amendment No. 1 amends the Schedule 13D as specifically set forth herein.
Item 2.
Identity and Background.
Item 2 is hereby amended and restated to read as follows:
 
(a)
This statement is filed by:
 
(i)
Krensavage Partners, LP, a Delaware limited partnership (“Krensavage Partners”);
 
(ii)
Krensavage Partners Too, LP, a Delaware limited partnership (“Krensavage Partners Too”);
 
(iii)
Krensavage Advisors, LLC, a Delaware limited liability company (“Krensavage Advisors”), which serves as the general partner of Krensavage Partners;
 
(iv)
Krensavage Advisors Too, LLC, a Delaware limited liability company (“Krensavage Advisors Too”), which serves as the general partner of Krensavage Partners Too;
 
(v)
Krensavage Asset Management, LLC, a Delaware limited liability company (“Krensavage Asset Management”), which serves as the investment manager of  each of Krensavage Partners and Krensavage Partners Too;
 
(vi)
Michael P. Krensavage, who serves as the managing member of Krensavage Asset Management;
 
(vii)
Jeffrey D. Goldberg, as a nominee for the Board of Directors of the Issuer (the “Board”);
 
(viii)
Mark D. Stolper, as a nominee for the Board;
 
(ix)
John S. Watts Jr., as a nominee for the Board; and
 
(x)
Frank R. Williams Jr., as a nominee for the Board.
Each of the foregoing is referred to as a “Reporting Person” and collectively as the “Reporting Persons”. Each of the Reporting Persons is party to that certain Joint Filing and Solicitation Agreement, as further described in Item 6.  Accordingly, the Reporting Persons are hereby filing a joint Schedule 13D.
(b)           The address of the principal office of each of Krensavage Partners, Krensavage Partners Too, Krensavage Advisors, Krensavage Advisors Too, Krensavage Asset Management, and Mr. Krensavage is 130 E. 59th St., 11th Floor, New York, NY 10022.  The principal business address of Mr. Goldberg is 3201 Barhite Street, Pasadena, California 91107. The principal business address of Mr. Stolper is c/o RadNet, Inc., 1510 Cotner Avenue, Los Angeles, California 90025.  The principal business address of Mr. Watts is 3301 Arapahoe Ave, E330, Boulder, Colorado 80303.  The principal business address of Mr. Williams is 200 Park Avenue, 32nd Floor, New York, New York 10166.  

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