13D Filing: Lone Star Value Management and ATRM Holdings Inc (ATRM)

Page 7 of 10

Page 7 of 10 – SEC Filing

The following constitutes
Amendment No. 18 to the Schedule 13D filed by the undersigned (“Amendment No. 18”). This Amendment No. 18 amends the
Schedule 13D as specifically set forth herein.

Item 5. Interest in Securities of the Issuer.

Items 5(a) – (c) are
hereby amended and restated to read as follows:

The aggregate percentage of Shares reported
owned by each person named herein is based upon 2,396,219 Shares outstanding as of September 22, 2017, which is the total number
of Shares outstanding as reported in the Issuer’s Annual Report on Form 10-K filed with the Securities and Exchange Commission
on September 22, 2017.

A. Lone Star Value Investors
(a) As of the date hereof, Lone Star Value Investors beneficially owned 1,067,885 Shares.

Percentage: Approximately 44.6%

(b) 1. Sole power to vote or direct vote: 1,067,885
2. Shared power to vote or direct vote: 0
3. Sole power to dispose or direct the disposition: 1,067,885
4. Shared power to dispose or direct the disposition: 0
(c) Other than pursuant to the Exchange Agreement (as defined and described in Item 6 below), Lone
Star Value Investors has not entered into any transactions in the securities of the Issuer during the past 60 days.
B. Lone Star Value Co-Invest
(a) As of the date hereof, Lone Star Value Co-Invest did not beneficially own any Shares.

Percentage: 0%

(b) 1. Sole power to vote or direct vote: 0
2. Shared power to vote or direct vote: 0
3. Sole power to dispose or direct the disposition: 0
4. Shared power to dispose or direct the disposition: 0
(c) Other than pursuant to the Exchange Agreement, Lone Star Value Co-Invest has not entered into any
transactions in the securities of the Issuer during the past 60 days.
7

Follow Atrm Holdings Inc. (NASDAQ:ATRM)

Page 7 of 10