13G Filing: Park West Asset Management and Nexeo Solutions Inc. (NXEO)

Page 3 of 10

Page 3 of 10 – SEC Filing

CUSIP No. 65342H102

(1)

Names of Reporting Persons

Park West Investors Master Fund, Limited

(2)

Check the Appropriate Box if a Member of a Group (See
Instructions)

 (a)
o

(b)    o

(3)

SEC Use Only

(4)

Citizenship or Place of Organization

Cayman Islands

Number of Shares Beneficially Owned by

 Each Reporting Person With:

 (5)   Sole Voting Power

8,785,373*

 (6)   Shared Voting Power        0
 (7)   Sole Dispositive Power      8,785,373*
 (8)   Shared Dispositive Power     0

(9)

Aggregate Amount Beneficially Owned by Each Reporting Person

8,785,373*

(10)

Check if the Aggregate Amount in Row (9) Excludes Certain
Shares (See Instructions):   o

(11)

Percent of Class Represented by Amount in Row (9)

9.7%*

(12)

Type of Reporting Person (See Instructions)

 IA

* Beneficial ownership percentage
is based upon 89,286,936 shares of Common Stock issued and outstanding as
of February 3, 2017, based on information reported by the Company in the Form 10-Q. As of April 12, 2017, PWIMF held
7,768,196 shares of Common Stock (including 3,685,393 Founder Shares) and warrants to purchase up to 1,017,177 shares of
Common Stock.  For purposes of Reg. Section 240.13d-3, PWIMF may be deemed to beneficially own the 7,768,196 shares
of Common Stock (including 3,685,393 Founder Shares) and the 1,017,177 shares of Common Stock underlying the warrants, or
approximately 9.7% of the shares of Common Stock deemed to be issued and outstanding as of April 12, 2017.

Follow Nexeo Solutions Inc. (NASDAQ:NXEO)

Page 3 of 10