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

Page 7 of 8 – SEC Filing

The following constitutes
Amendment No. 17 to the Schedule 13D filed by the undersigned (“Amendment No. 17”). This Amendment No. 17 amends the
Schedule 13D as specifically set forth herein.

Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.

Item 6 is hereby amended
to add the following:

In relation to a Revolving
Credit Loan Agreement between certain wholly owned subsidiaries of the Issuer (collectively, the “Borrower”) and Premier
Bank, a Minnesota corporation (the “Lender”), which replaces an existing working capital facility, and a $3,000,000
promissory note executed by Borrower in favor of Lender related thereto (the “Note”), Jeffrey E. Eberwein executed
a Guaranty Agreement (the “Guaranty Agreement”), effective June 30, 2017. Pursuant to the Guaranty Agreement, Mr. Eberwein,
subject to certain limitations, agreed to guaranty to Lender the full and prompt payment of all of the debts, liabilities and obligations
of the Borrower to the Lender arising from the Note. The foregoing description of the Guaranty Agreement is qualified in its entirety
by reference to the full text of the Guaranty Agreement, which is attached as Exhibit 99.1 hereto.

Item 7. Material to be Filed as Exhibits.

Item 7 is
hereby amended to add the following exhibit:

99.1 Guaranty Agreement, dated June 30, 2017.

7

Follow Atrm Holdings Inc. (NASDAQ:ATRM)