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13D Filing: Luxor Capital Group and Searchlight Minerals Corp. (SRCH)

Published on April 26, 2017 at 1:29 pm by Insider Monkey Staff in Hedge Funds

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Page 16 of 19 – SEC Filing

(ix)	Luxor Management may be deemed to be the beneficial owner of the 160,932,940 shares of Common Stock beneficially owned by Luxor Capital Group, including approximately 19,406,520 shares of Common Stock underlying warrants exercisable within 60 days, representing 44.1% of all of the outstanding shares of Common Stock.
(x)	Mr. Leone may be deemed to be the beneficial owner of the 161,019,070 shares of Common Stock beneficially owned by the Luxor Funds, and the Separately Managed Account, including approximately 19,492,650 shares of Common Stock underlying warrants exercisable within 60 days, representing 44.1% of all of the outstanding shares of Common Stock.

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

Item 6 is hereby amended to add the following:

The Reporting Persons own Warrants expiring between June 2017 and September 2020 which are exercisable within 60 days for approximately 19,492,650 shares of Common Stock at strike prices between $0.30 and $1.27.

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OTCMKTS:SRCH SEC 13D Filing Luxor Capital Group Searchlight Minerals Corp. (SRCH)