JW Asset Management, LLC

Form Type: SCHEDULE 1

Filing Date: 2024-12-19

Corporate Action: Liquidation

Type: Update

Accession Number: 000101905624000356

Comments: On December 17, 2024, JW Opportunities Master Fund, Ltd. was wound down and liquidated, transferring 19,352,516 Common Shares and 3,000,000 convertible preferred shares to JW Opportunities Fund, LLC. As a result of these transactions, various reporting persons may now be deemed to be beneficial owners of the following percentages of the Issuer's outstanding Common Shares: JW Partners, LP owns 57,621,892 shares (19.25%), JW Opportunities Fund, LLC owns 24,643,277 shares (8.35%), JW Asset Management, LLC owns 97,846,954 shares (32.34%), JW GP, LLC owns 97,686,970 shares (32.28%), and Jason G. Wild owns 102,529,276 shares (33.74%). The total outstanding Common Shares is assumed to be 292,286,858. Each reporting person disclaims beneficial ownership of shares held by others except for their own pecuniary interest.

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