3//SEC Filing
Whitebox Credit Partners, L.P. 3
Accession 0000919574-18-002340
CIK 0001514732other
Filed
Mar 8, 7:00 PM ET
Accepted
Mar 9, 4:15 PM ET
Size
9.3 KB
Accession
0000919574-18-002340
Insider Transaction Report
Form 3
Holdings
- 510,491
Common Stock
Series C Warrants
→ Common Stock (491,070 underlying)Series D Warrants
→ Common Stock (1,003,373 underlying)8.0% Cumulative Perpetual Series A Preferred Stock
→ Common Stock (1,709 underlying)
Footnotes (3)
- [F1]These securities are directly owned by Whitebox Credit Partners, LP ("WCP"). WCP disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein, and affirmatively disclaims being a "group" for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, with any other person or entity.
- [F2]The derivative securities were acquired pursuant to the exchange offer (the "Exchange Offer") and consent solicitation related to the Issuer's 10.000% Senior Secured Second Lien Notes due 2019 and the Issuer's 10.000% Senior Secured Notes due 2019. Reference is made to the Issuer's 8-K and the attachments thereto filed on February 1, 2018, which is incorporated by reference.
- [F3]The derivative securities were acquired in connection with a mandatory conversion by the Issuer of the Mandatorily Convertible Series B Preferred Stock, par value $0.0001 ("Series B Preferred Stock"), into shares of common stock and/or series D warrants of the Issuer (the "Series D Warrants"), upon which each holder of Series B Preferred Stock received, for each share of Series B Preferred Stock being converted, a number of shares of common stock and/or a number of Series D Warrants, in aggregate equal to the applicable conversion rate (with shares of common stock or Series D Warrants rounded down in lieu of any fractional shares or warrants, as applicable). WCP, as a holder thereof, elected to receive solely Series D Warrants. Reference is made to the Issuer's 8-K and Exhibit 3.2 attached thereto filed on February 1, 2018, which is incorporated by reference.
Documents
Issuer
SAExploration Holdings, Inc.
CIK 0001514732
Entity typeother
IncorporatedVirgin Islands, British
Related Parties
1- filerCIK 0001311165
Filing Metadata
- Form type
- 3
- Filed
- Mar 8, 7:00 PM ET
- Accepted
- Mar 9, 4:15 PM ET
- Size
- 9.3 KB