Page 3 of 8 – SEC Filing 1 NAME OF REPORTING PERSONS
Cyrus Capital Partners GP, L.L.C.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨
(b) ☒
3 SEC USE ONLY 4 SOURCE OF FUNDS
AF
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) ¨ 6 CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH 7 SOLE VOTING POWER
0
8 SHARED VOTING POWER
12,016,565*
9 SOLE DISPOSITIVE POWER
0
10 SHARED DISPOSITIVE POWER
12,016,565*
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
12,016,565*
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ¨ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) (see Item 5)
16.9%**
14 TYPE OF REPORTING PERSON
OO
* The number of shares reported
in this Schedule 13D/A reflects: (i) the Stock Dividend of and (ii)
the Reverse Stock Split. Includes 13,851,382 Warrants to purchase 2,636,376 shares of Class A Common Stock (see Item 6).
However, the Warrants may be exercised subject to certain restrictions set forth
in the terms of the Warrants and the Issuer’s organizational documents.
** The applicable percentage beneficially
owned by the Reporting Persons as shown herein is computed based on an aggregate of 68,569,517 shares of Class A Common Stock
outstanding as of June 21, 2016 according to information provided by the Issuer to the Reporting Persons in writing.
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| 1 | NAME OF REPORTING PERSONS Cyrus Capital Partners GP, L.L.C. | ||||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) ¨ | |||
| 3 | SEC USE ONLY | ||||
| 4 | SOURCE OF FUNDS AF | ||||
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) | ¨ | |||
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE | ||||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER 0 | |||
| 8 | SHARED VOTING POWER 12,016,565* | ||||
| 9 | SOLE DISPOSITIVE POWER 0 | ||||
| 10 | SHARED DISPOSITIVE POWER 12,016,565* | ||||
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON 12,016,565* | ||||
| 12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | ¨ | |||
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) (see Item 5) 16.9%** | ||||
| 14 | TYPE OF REPORTING PERSON OO | ||||
* The number of shares reported
in this Schedule 13D/A reflects: (i) the Stock Dividend of and (ii)
the Reverse Stock Split. Includes 13,851,382 Warrants to purchase 2,636,376 shares of Class A Common Stock (see Item 6).
However, the Warrants may be exercised subject to certain restrictions set forth
in the terms of the Warrants and the Issuer’s organizational documents.
** The applicable percentage beneficially
owned by the Reporting Persons as shown herein is computed based on an aggregate of 68,569,517 shares of Class A Common Stock
outstanding as of June 21, 2016 according to information provided by the Issuer to the Reporting Persons in writing.
