Page 7 of 9 – SEC Filing On June 3, 2016 Voce Capital Management issued a press release
regarding the Issuer. A copy of the press release is attached hereto as
Exhibit 17 and is incorporated herein by reference in its entirety.
On June 6, 2016 Voce Capital Management issued a press release
regarding the Issuer. A copy of the press release is attached hereto as
Exhibit 18 and is incorporated herein by reference in its entirety.
The Reporting Persons have engaged in, and intend to continue
to engage in, communications concerning the foregoing with officers and/or
members of the Issuers board of directors. In addition, the Reporting Persons
may communicate with the Issuers current or prospective shareholders; its
representatives; industry participants, research analysts and members of the
press; existing or potential strategic partners or competitors, investment and
financing professionals and sources of capital and credit; and other interested
or relevant parties relating to topics including, but not limited to, the
Issuers operations, prospects, business development, management, competitive
and strategic matters, capital structure, and prevailing market conditions, as
well as other investment considerations. The Reporting Persons may also consider
taking further action to protect their interests and the interests of
shareholders, which actions may involve plans or proposals of the type described
in Item 4(a) through (j) of Item 4 of Schedule 13D or the acquisition of
additional shares or disposition of shares beneficially owned by them, in the
public market or through privately negotiated transactions.
Depending upon various factors including, without limitation,
an ongoing evaluation of the investment in the Common Stock, changes in the
Issuers operations, business strategy or prospects, prevailing market and
industry conditions, other investment opportunities available to the Reporting
Persons, liquidity requirements and other investment considerations, the
Reporting Persons may, from time to time and at any time and in such manner as
they deem advisable (whether in the open market, through privately negotiated
transactions or otherwise), further acquire, hold, vote, trade or dispose of
some or all of the Common Stock, and may enter into financial instruments or
other agreements that increase or decrease the Reporting Persons economic
exposure with respect to their investment in the Issuer, and/or engage in
hedging or similar transactions with respect to such holdings.
The Reporting Persons reserve the right at any time to
formulate alternative plans, make other proposals or take additional actions
with respect to all of the foregoing matters referred to in this Item 4 of
Schedule 13D.
Item 7. MATERIAL TO BE FILED AS EXHIBITS
Item 7 is hereby amended to add the following:
Exhibit 18 Press Release dated June 6, 2016 (incorporated by
reference to Schedule 14A filed by Voce Capital Management with the Securities
and Exchange Commission on June 6, 2016)
On June 3, 2016 Voce Capital Management issued a press release
regarding the Issuer. A copy of the press release is attached hereto as
Exhibit 17 and is incorporated herein by reference in its entirety.
On June 6, 2016 Voce Capital Management issued a press release
regarding the Issuer. A copy of the press release is attached hereto as
Exhibit 18 and is incorporated herein by reference in its entirety.
The Reporting Persons have engaged in, and intend to continue
to engage in, communications concerning the foregoing with officers and/or
members of the Issuers board of directors. In addition, the Reporting Persons
may communicate with the Issuers current or prospective shareholders; its
representatives; industry participants, research analysts and members of the
press; existing or potential strategic partners or competitors, investment and
financing professionals and sources of capital and credit; and other interested
or relevant parties relating to topics including, but not limited to, the
Issuers operations, prospects, business development, management, competitive
and strategic matters, capital structure, and prevailing market conditions, as
well as other investment considerations. The Reporting Persons may also consider
taking further action to protect their interests and the interests of
shareholders, which actions may involve plans or proposals of the type described
in Item 4(a) through (j) of Item 4 of Schedule 13D or the acquisition of
additional shares or disposition of shares beneficially owned by them, in the
public market or through privately negotiated transactions.
Depending upon various factors including, without limitation,
an ongoing evaluation of the investment in the Common Stock, changes in the
Issuers operations, business strategy or prospects, prevailing market and
industry conditions, other investment opportunities available to the Reporting
Persons, liquidity requirements and other investment considerations, the
Reporting Persons may, from time to time and at any time and in such manner as
they deem advisable (whether in the open market, through privately negotiated
transactions or otherwise), further acquire, hold, vote, trade or dispose of
some or all of the Common Stock, and may enter into financial instruments or
other agreements that increase or decrease the Reporting Persons economic
exposure with respect to their investment in the Issuer, and/or engage in
hedging or similar transactions with respect to such holdings.
The Reporting Persons reserve the right at any time to
formulate alternative plans, make other proposals or take additional actions
with respect to all of the foregoing matters referred to in this Item 4 of
Schedule 13D.
Item 7. MATERIAL TO BE FILED AS EXHIBITS
Item 7 is hereby amended to add the following:
Exhibit 18 Press Release dated June 6, 2016 (incorporated by
reference to Schedule 14A filed by Voce Capital Management with the Securities
and Exchange Commission on June 6, 2016)
