13D Filing: Shah Capital Management and UTStarcom Holdings Corp (UTSI)

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This Amendment No. 19 is being filed jointly by Shah Capital Opportunity Fund LP (Shah
Opportunity), Himanshu H. Shah (Mr. Shah), Hong Liang Lu (Mr. Lu), Lu Charitable Remainder Trust (Lu Charitable Trust), Lu Family Trust (Lu Family Trust), The Lu
Family Limited Partnership (Lu Family Partnership) and Tenling Ti (Mr. Ti, together with Shah Opportunity, Mr. Shah, Mr. Lu, Lu Charitable Trust, Lu Family Trust and Lu Family Partnership, the Reporting
Persons).

This Amendment No. 19 amends and supplements the amendment No. 18 to the statement on Schedule 13D jointly filed with
the Securities and Exchange Commission (the SEC) on March 31, 2017 by the Reporting Persons (the Original Schedule 13D). Unless otherwise stated herein, the Original Schedule 13D remains in full force and effect. Terms used
but not defined herein have the meanings ascribed thereto in the Original Schedule 13D.

Item 2.

Identity and Background.

Item 2 of the Original Schedule 13D is hereby amended and
supplemented by adding the following at the end thereof:

As described in Item 4 below, the Reporting Persons have entered into an
agreement which terminates the Consortium Agreement and ceased to be the Consortium Members effective as of October 23, 2017. The information set forth in Item 4 below is hereby incorporated by reference into this Item 2.

Item 3.

Source and Amount of Funds or Other Consideration.

Item 3 of the Original Schedule 13D
is hereby amended and supplemented by adding the following at the end thereof:

As described in Item 4 below, the Reporting Persons have
entered into an agreement which terminates the Consortium Agreement and ceased to be the Consortium Members effective as of October 23, 2017. The information set forth in Item 4 below is hereby incorporated by reference into this Item 3.

Item 4.

Purpose of Transaction.

Item 4 of the Original Schedule 13D is hereby amended and
supplemented by adding the following at the end thereof:

On October 23, 2017, the Reporting Persons submitted a letter (Proposal
Withdrawal Letter) to the special committee of the board of directors the Company which notified the Company that such parties had unanimously determined to withdraw the Proposal. The withdrawal of the Proposal became effective on October
23, 2017.