13D Filing: Whitebox Advisors and Saexploration Holdings Inc. (SAEX)

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Page 3 of 15 – SEC Filing

CUSIP No. 78636X204
1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Whitebox General Partner LLC
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)   [_]
(b)  [X]
3. SEC USE ONLY
4. SOURCE OF FUNDS
AF
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [_]
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
7. SOLE VOTING POWER
0
8. SHARED VOTING POWER
10,052,865*
9. SOLE DISPOSITIVE POWER
0
10. SHARED DISPOSITIVE POWER
10,052,865*
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,052,865*
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_]
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
44.96%*
14. TYPE OF REPORTING PERSON
OO

* The percent of class is calculated
based on 14,913,837 shares of Common Stock issued and outstanding as of March 8, 2018 based on the 8-K filed by
the Issuer on March 8, 2018. The number of Common Stock reported herein is comprised of (i) 2,609,039 shares of Common
Stock and (ii) 7,443,826 additional shares of Common Stock issuable to WMP, WCP, WAP and a certain other WA Private Fund upon the
exercise of 2,446,026 Series C Warrants and 4,997,800 Series D Warrants.

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