SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13D
Under The Securities Exchange Act of 1934
(Amendment No. 1)*
Sphere 3D Corporation
(Name of Issuer)
COMMON STOCK, NO PAR VALUE PER SHARE
(Title of Class of Securities)
84841L100
(CUSIP Number)
Jennifer M. Pulick
Chief Compliance Officer and General Counsel
Cyrus Capital Partners, L.P.
399 Park Avenue, 39th Floor
New York, New York 10022
(212) 380-5821
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
June 30, 2015
(Date of Event Which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box ¨.
(Continued on the following pages)
(Page 1 of 16 Pages)
* | The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. |
The information required on the remainder of this cover page shall not be deemed to be filed for the purpose of section 18 of the Securities Exchange Act of 1934 (the Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act.
13D
CUSIP No. 84841L100 | Page 2 of 16 |
1. | Names of reporting persons
Cyrus Capital Partners, L.P. | |||||
2. | Check the appropriate box if a member of a group (a) ¨ (b) x
| |||||
3. | SEC use only
| |||||
4. | Source of funds
AF | |||||
5. | Check box if disclosure of legal proceedings 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
8,960,6341 | |||||
9. | Sole dispositive power
0 | |||||
10. | Shared dispositive power
8,960,6341 | |||||
11. |
Aggregate amount beneficially owned by each reporting person
8,960,6341 | |||||
12. | Check box if the aggregate amount in Row (11) excludes certain shares ¨
| |||||
13. | Percent of class represented by amount in Row 11
25.6%1 | |||||
14. | Type of reporting person
PN |
1 | Includes (i) 1,333,333 Common Shares issuable upon conversion of US$10,000,000 in principal amount of the New Debenture at a Conversion Price of US$7.50 per share, (ii) 135,975 Common Shares issuable upon exercise of the Warrants, (iii) 1,117,647 Common Shares issuable upon conversion of US$9,500,000 in principal amount of the New Debenture at a Conversion Price of US$8.50 per share, and (iv) 300,000 Common Shares issuable upon exercise of the 2015 Warrants. |
13D
CUSIP No. 84841L100 | Page 3 of 16 |
1. | Names of reporting persons
Crescent 1, L.P. | |||||
2. | Check the appropriate box if a member of a group (a) ¨ (b) x
| |||||
3. | SEC use only
| |||||
4. | Source of funds
OO | |||||
5. | Check box if disclosure of legal proceedings 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
383,8651 | |||||
9. | Sole dispositive power
0 | |||||
10. | Shared dispositive power
383,8651 | |||||
11. |
Aggregate amount beneficially owned by each reporting person
383,8651 | |||||
12. | Check box if the aggregate amount in Row (11) excludes certain shares ¨
| |||||
13. | Percent of class represented by amount in Row 11
1.1%1 | |||||
14. | Type of reporting person
PN |
1 | Includes 209,824 Common Shares issuable upon conversion of US$1,783,500.20 in principal amount of the New Debenture at a Conversion Price of US$8.50 per share. |
13D
CUSIP No. 84841L100 | Page 4 of 16 |
1. | Names of reporting persons
CRS Master Fund, L.P. | |||||
2. | Check the appropriate box if a member of a group (a) ¨ (b) x
| |||||
3. | SEC use only
| |||||
4. | Source of funds
OO | |||||
5. | Check box if disclosure of legal proceedings is required pursuant to Item 2(d) or 2(e) ¨
| |||||
6. | Citizenship or place of organization
Cayman Islands | |||||
Number of shares beneficially owned by each reporting person with
|
7. | Sole voting power
0 | ||||
8. | Shared voting power
339,3401 | |||||
9. | Sole dispositive power
0 | |||||
10. | Shared dispositive power
339,3401 | |||||
11. |
Aggregate amount beneficially owned by each reporting person
339,3401 | |||||
12. | Check box if the aggregate amount in Row (11) excludes certain shares ¨
| |||||
13. | Percent of class represented by amount in Row 11
1.0%1 | |||||
14. | Type of reporting person
PN |
1 | Includes 187,882 Common Shares issuable upon conversion of US$1,597,000.60 in principal amount of the New Debenture at a Conversion Price of US$8.50 per share. |
13D
CUSIP No. 84841L100 | Page 5 of 16 |
1. | Names of reporting persons
Cyrus Opportunities Master Fund II, Ltd. | |||||
2. | Check the appropriate box if a member of a group (a) ¨ (b) x
| |||||
3. | SEC use only
| |||||
4. | Source of funds
OO | |||||
5. | Check box if disclosure of legal proceedings is required pursuant to Item 2(d) or 2(e) ¨
| |||||
6. | Citizenship or place of organization
Cayman Island | |||||
Number of shares beneficially owned by each reporting person with
|
7. | Sole voting power
0 | ||||
8. | Shared voting power
1,105,3551 | |||||
9. | Sole dispositive power
0 | |||||
10. | Shared dispositive power
1,105,3551 | |||||
11. |
Aggregate amount beneficially owned by each reporting person
1,105,3551 | |||||
12. | Check box if the aggregate amount in Row (11) excludes certain shares ¨
| |||||
13. | Percent of class represented by amount in Row 11
3.2%1 | |||||
14. | Type of reporting person
CO |
1 | Includes 632,000 Common Shares issuable upon conversion of US$5,371,997.98 in principal amount of the New Debenture at a Conversion Price of US$8.50 per share. |
13D
CUSIP No. 84841L100 | Page 6 of 16 |
1. | Names of reporting persons
Cyrus Select Opportunities Master Fund, Ltd. | |||||
2. | Check the appropriate box if a member of a group (a) ¨ (b) x
| |||||
3. | SEC use only
| |||||
4. | Source of funds
OO | |||||
5. | Check box if disclosure of legal proceedings is required pursuant to Item 2(d) or 2(e) ¨
| |||||
6. | Citizenship or place of organization
Cayman Islands | |||||
Number of shares beneficially owned by each reporting person with
|
7. | Sole voting power
0 | ||||
8. | Shared voting power
164,3681 | |||||
9. | Sole dispositive power
0 | |||||
10. | Shared dispositive power
164,3681 | |||||
11. |
Aggregate amount beneficially owned by each reporting person
164,3681 | |||||
12. | Check box if the aggregate amount in Row (11) excludes certain shares ¨
| |||||
13. | Percent of class represented by amount in Row 11
0.5%1 | |||||
14. | Type of reporting person
CO |
1 | Includes 87,941 Common Shares issuable upon conversion of US$747,501.22 in principal amount of the New Debenture at a Conversion Price of US$8.50 per share. |
13D
CUSIP No. 84841L100 | Page 7 of 16 |
1. | Names of reporting persons
Cyrus Capital Partners GP, L.L.C. | |||||
2. | Check the appropriate box if a member of a group (a) ¨ (b) x
| |||||
3. | SEC use only
| |||||
4. | Source of funds
AF | |||||
5. | Check box if disclosure of legal proceedings 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
8,960,6341 | |||||
9. | Sole dispositive power
0 | |||||
10. | Shared dispositive power
8,960,6341 | |||||
11. |
Aggregate amount beneficially owned by each reporting person
8,960,6341 | |||||
12. | Check box if the aggregate amount in Row (11) excludes certain shares ¨
| |||||
13. | Percent of class represented by amount in Row 11
25.6%1 | |||||
14. | Type of reporting person
OO |
1 | Includes (i) 1,333,333 Common Shares issuable upon conversion of US$10,000,000 in principal amount of the New Debenture at a Conversion Price of US$7.50 per share, (ii) 135,975 Common Shares issuable upon exercise of the Warrants, (iii) 1,117,647 Common Shares issuable upon conversion of US$9,500,000 in principal amount of the New Debenture at a Conversion Price of US$8.50 per share, and (iv) 300,000 Common Shares issuable upon exercise of the 2015 Warrants. |
13D
CUSIP No. 84841L100 | Page 8 of 16 |
1. | Names of reporting persons
Cyrus Capital Advisors, L.L.C. | |||||
2. | Check the appropriate box if a member of a group (a) ¨ (b) x
| |||||
3. | SEC use only
| |||||
4. | Source of funds
AF | |||||
5. | Check box if disclosure of legal proceedings is required pursuant to Item 2(d) or 2(e) ¨
| |||||
6. | Citizenship or place of organization
United States | |||||
Number of shares beneficially owned by each reporting person with
|
7. | Sole voting power
0 | ||||
8. | Shared voting power
723,2051 | |||||
9. | Sole dispositive power
0 | |||||
10. | Shared dispositive power
723,2051 | |||||
11. |
Aggregate amount beneficially owned by each reporting person
723,2051 | |||||
12. | Check box if the aggregate amount in Row (11) excludes certain shares ¨
| |||||
13. | Percent of class represented by amount in Row 11
2.1%1 | |||||
14. | Type of reporting person
OO |
1 | Includes (i) 397,706 Common Shares issuable upon conversion of US$3,380,500.80 in principal amount of the New Debenture at a Conversion Price of US$8.50 per share and (ii) 135,975 Common Shares issuable upon exercise of the Warrants. |
13D
CUSIP No. 84841L100 | Page 9 of 16 |
1. | Names of reporting persons
FBC Holdings S.à r.l. | |||||
2. | Check the appropriate box if a member of a group (a) ¨ (b) x
| |||||
3. | SEC use only
| |||||
4. | Source of funds
OO | |||||
5. | Check box if disclosure of legal proceedings is required pursuant to Item 2(d) or 2(e) ¨
| |||||
6. | Citizenship or place of organization
Luxembourg | |||||
Number of shares beneficially owned by each reporting person with
|
7. | Sole voting power
0 | ||||
8. | Shared voting power
6,967,7061 | |||||
9. | Sole dispositive power
0 | |||||
10. | Shared dispositive power
6,967,7061 | |||||
11. |
Aggregate amount beneficially owned by each reporting person
6,967,7061 | |||||
12. | Check box if the aggregate amount in Row (11) excludes certain shares ¨
| |||||
13. | Percent of class represented by amount in Row 11
19.9% | |||||
14. | Type of reporting person
CO |
1 | Includes (i) 1,333,333 Common Shares issuable upon conversion of US$10,000,000 in principal amount of the New Debenture at a Conversion Price of US$7.50 per share, (ii) 135,975 Common Shares issuable upon exercise of the Warrants, and (iii) 300,000 Common Shares issuable upon exercise of the 2015 Warrants. |
13D
CUSIP No. 84841L100 | Page 10 of 16 |
1. | Names of reporting persons
Stephen C. Freidheim | |||||
2. | Check the appropriate box if a member of a group (a) ¨ (b) x
| |||||
3. | SEC use only
| |||||
4. | Source of funds
AF | |||||
5. | Check box if disclosure of legal proceedings 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
8,960,6341 | |||||
9. | Sole dispositive power
0 | |||||
10. | Shared dispositive power
8,960,6341 | |||||
11. |
Aggregate amount beneficially owned by each reporting person
8,960,6341 | |||||
12. | Check box if the aggregate amount in Row (11) excludes certain shares ¨
| |||||
13. | Percent of class represented by amount in Row 11
25.6%1 | |||||
14. | Type of reporting person
IN |
1 | Includes (i) 1,333,333 Common Shares issuable upon conversion of US$10,000,000 in principal amount of the New Debenture at a Conversion Price of US$7.50 per share, (ii) 135,975 Common Shares issuable upon exercise of the Warrants , (iii) 1,117,647 Common Shares issuable upon conversion of US$9,500,000 in principal amount of the New Debenture at a Conversion Price of US$8.50 per share, and (iv) 300,000 Common Shares issuable upon exercise of the 2015 Warrants. |
13D
CUSIP No. 84841L100 | Page 11 of 16 |
ITEM 1. | Security and Issuer |
This constitutes Amendment No. 1 (Amendment No. 1) to the Schedule 13D relating to the shares of Common Stock of Sphere 3D Corporation (the Issuer or Sphere 3D) filed with the SEC on December 11, 2014 (as so amended, the Schedule 13D) by Cyrus Capital Partners, L.P., a Delaware limited partnership (Cyrus Capital), Crescent 1, L.P., a Delaware limited partnership (CRES), CRS Master Fund, L.P., a Cayman Islands exempted limited partnership (CRS), Cyrus Opportunities Master Fund II, Ltd., a Cayman Islands exempted limited company (CMFll), Cyrus Select Opportunities Master Fund, Ltd., a Cayman Islands exempted limited company (CSOM), Cyrus Capital Partners GP, L.L.C., a Delaware limited liability company (Cyrus GP), Cyrus Capital Advisors, L.L.C., a Delaware limited liability company (Cyrus Advisors), FBC Holdings S.à r.l., a Luxembourg private limited liability company (FBC) and Mr. Stephen C. Freidheim (each of Cyrus Capital, CRES, CRS, CMFll, CSOM, Cyrus GP, Cyrus Advisors, FBC and Mr. Freidheim, a Reporting Person and collectively the Reporting Persons). This Amendment No. 1 amends the Schedule 13D as specifically set forth herein. Only those items amended are reported herein. Capitalized terms used in this Amendment No. 1 without being defined herein have the respective meanings given to them in the Schedule 13D.
ITEM 3. | Source and Amount of Funds or Other Consideration |
As further discussed in Item 4 below, FBC has acquired an aggregate of (i) 157,872 Common Shares of Sphere 3D and (ii) Warrants (collectively, the 2015 Warrants) to acquire an additional 300,000 Common Shares. FBC acquired these securities as follows:
(a) On February 19, 2015, FBC was issued warrants to acquire up to 100,000 Common Shares from Sphere 3D in connection with a $1 million increase in funding by FBC under the Revolving Credit Agreement (as defined below). These warrants expire on February 19, 2018. Each whole warrant may be exercised to acquire one Common Share at an exercise price of $4.50.
(b) On March 6, 2015, FBC was issued warrants to acquire up to 100,000 Common Shares from Sphere 3D in connection with a $1 million increase in funding by FBC under the Revolving Credit Agreement . These warrants expire on March 19, 2018. Each whole warrant may be exercised to acquire one Common Share at an exercise price of $7.21.
(c) On March 20, 2015, FBC was issued warrants to acquire up to 100,000 Common Shares from Sphere 3D in connection with a $1 million increase in funding by FBC under the Revolving Credit Agreement. These warrants expire on March 20, 2018. Each whole warrant may be exercised to acquire one Common Share at an exercise price of $5.02.
(d) On June 30, 2014, FBC was issued 157,872 Common Shares in lieu of $773,588.59 interest due and payable to FBC by Sphere 3D. Each of such Common Shares was issued at a price of $4.90 per share.
ITEM 4. | Purpose of Transaction |
(a) On February 19, 2015, FBC was issued warrants to acquire up to 100,000 Common Shares from Sphere 3D in connection with a $1 million increase in funding by FBC under the Revolving Credit Agreement . These warrants expire on February 19, 2018. Each whole warrant may be exercised to acquire one Common Share at an exercise price of $4.50.
(b) On March 6, 2015, FBC was issued warrants to acquire up to 100,000 Common Shares from Sphere 3D in connection with a $1 million increase in funding by FBC under the Revolving Credit Agreement. These warrants expire on March 6, 2018. Each whole warrant may be exercised to acquire one Common Share at an exercise price of $7.21.
(c) On March 20, 2015, FBC was issued warrants to acquire up to 100,000 Common Shares from Sphere 3D in connection with a $1 million increase in funding by FBC under the Revolving Credit Agreement. These warrants expire on March 20, 2018. Each whole warrant may be exercised to acquire one Common Share at an exercise price of $5.02.
(d) On June 30, 2014, FBC was issued 157,872 Common Shares in lieu of $773,588.59 interest due and payable to FBC by Sphere 3D. Each of such Common Shares was issued at a price of $4.90 per share.
In December 2014, Sphere 3D entered into a revolving credit agreement with FBC providing a revolving credit facility of $2 million to Sphere 3D, which could be increased at the discretion of FBC to $5.0 million (the Revolving Credit Facility). The Revolving Credit Facility matures in January 2016 and contains customary covenants, including covenants that limit or restrict the Sphere 3Ds and its subsidiaries ability to incur liens and indebtedness, make certain types of payments, merge or consolidate, and make dispositions of assets. To date, Sphere 3D has received $5.0 million under the Revolving Credit Facility. On July 10, 2015, the Revolving Credit Facility was amended pursuant to which Sphere 3D may borrow up to $10,000,000 at the discretion of FBC and pursuant to the terms and conditions set out therein.
13D
CUSIP No. 84841L100 | Page 12 of 16 |
The Reporting Persons expect to independently evaluate on an ongoing basis Sphere 3Ds financial condition and prospects and their interest in, and intentions with respect to, Sphere 3D and their investment in the securities of, Sphere 3D, which review may be based on various factors, including whether various strategic transactions have occurred or may occur, Sphere 3Ds business and financial condition, results of operations and prospects, general economic and industry conditions, the securities markets in general and those for Sphere 3Ds securities in particular, as well as other developments and other investment opportunities. Each of the Reporting Persons reserves the right to change its intentions and develop plans or proposals at any time, as it deems appropriate. Each of the Reporting Persons may at any time and from time to time, in the open market, in privately negotiated transactions or otherwise, acquire additional securities of Sphere 3D including Common Shares, dispose of all or a portion of the securities of Sphere 3D, including the Common Shares, that the Reporting Persons now own or may hereafter acquire, and/or enter into derivative transactions with institutional counterparties with respect to Sphere 3Ds securities. In addition, the Reporting Persons may engage in discussions with management of Sphere 3D, members of the board of directors of Sphere 3D, shareholders of Sphere 3D, industry analysts, existing or potential strategic partners or competitors, investment and finance professionals, sources of credit, other investors and other relevant parties concerning the operations, management, composition of Sphere 3Ds board of directors and management, ownership, capital structure, balance sheet management, strategy and future plans of Sphere 3D including the possibility of proposing one of more acquisitions, business combinations, mergers, asset sales, asset purchases or other similar transactions involving Sphere 3D and other third parties.
Except as set forth herein, the Reporting Persons do not have present plans or proposals at this time that relate to or would result in any of the transactions described in subparagraphs (a) through (j) of Item 4 of Schedule 13D. The information set forth in Item 6 of this Schedule 13D is hereby incorporated herein by reference.
ITEM 5. | Interest in Securities of the Issuer |
(a) and (b) Items 7 through 11 and 13 of each of the cover pages of this Schedule 13D are incorporated herein by reference. Such information is based on 34,553,895 Common Shares outstanding at December 31, 2014 as disclosed in Sphere 3Ds Form 40-F, Annual Report pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934 as filed with the Securities and Exchange Commission on March 31, 2015 plus the 157,872 Common Shares which were issued to FBC on June 30, 2015 as reported herein.
(c) Except for the transactions described in Item 4 above, there have been no transactions with respect to the securities of Sphere 3D during the sixty days prior to the date of this Schedule 13D by the Reporting Persons, or to their knowledge, by any executive officer or director of the Reporting Persons.
(d) No other person is known by any Reporting Persons to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, securities of Sphere 3D beneficially owned by any Reporting Person.
(e) Not applicable.
ITEM 6. | Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer |
The Reporting Persons expect to independently evaluate on an ongoing basis Sphere 3Ds financial condition and prospects and their interest in, and intentions with respect to, Sphere 3D and their investment in the securities of, Sphere 3D, which review may be based on various factors, including whether various strategic transactions have occurred or may occur, Sphere 3Ds business and financial condition, results of operations and prospects, general economic and industry conditions, the securities markets in general and those for Sphere 3Ds securities in particular, as well as other developments and other investment opportunities. Each of the Reporting Persons reserves the right to change its intentions and develop plans or proposals at any time, as it deems appropriate. Each of the Reporting Persons may at any time and from time to time, in the open market, in privately negotiated transactions or otherwise, acquire additional securities of Sphere 3D including Common Shares, dispose of all or a portion of the securities of Sphere 3D, including the Common Shares, that the Reporting Persons now own or may hereafter acquire, and/or enter into derivative transactions with institutional counterparties with respect to Sphere 3Ds securities. In addition, the Reporting Persons may engage in discussions
13D
CUSIP No. 84841L100 | Page 13 of 16 |
with management of Sphere 3D, members of the board of directors of Sphere 3D, shareholders of Sphere 3D, industry analysts, existing or potential strategic partners or competitors, investment and finance professionals, sources of credit, other investors and other relevant parties concerning the operations, management, composition of Sphere 3Ds board of directors and management, ownership, capital structure, balance sheet management, strategy and future plans of Sphere 3D including the possibility of proposing one of more acquisitions, business combinations, mergers, asset sales, asset purchases or other similar transactions involving Sphere 3D and other third parties.
The Reporting Persons may be deemed to be a group pursuant to Section 13(d)(3) of the Act. Neither the filing of this Schedule 13D nor any of its contents shall be deemed to constitute an admission that the Reporting Persons or any of their respective affiliates are the beneficial owners of any Common Stock beneficially owned by any of the Reporting Persons for purposes of Section 13(d) of the Act, the rules promulgated thereunder or for any other purpose.
The information set forth in Item 4 of this Schedule 13D is hereby incorporated by reference.
13D
CUSIP No. 84841L100 | Page 14 of 16 |
ITEM 7. | Material to be Filed as Exhibits |
99.2 | Joint Filing Agreement as required by Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended (incorporated by reference to Schedule 13D as filed with the Securities and Exchange Commission on December 11, 2014) |
13D
CUSIP No. 84841L100 | Page 15 of 16 |
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, each of the undersigned hereby certifies that the information set forth in this statement is true, complete and correct.
EXECUTED as a sealed instrument this 3rd day of August, 2015.
CYRUS CAPITAL PARTNERS, L.P. | ||
By: | Cyrus Capital Partners GP, L.L.C., its general partner | |
By: | /s/ Stephen C. Freidheim | |
Name: | Stephen C. Freidheim | |
Title: | Manager | |
CRESCENT 1, L.P. | ||
By: | Cyrus Capital Advisors, L.L.C., its general partner | |
By: | Cyrus Capital Partners GP, L.L.C., its managing member | |
By: | /s/ Stephen C. Freidheim | |
Name: | Stephen C. Freidheim | |
Title: | Manager | |
CRS MASTER FUND, L.P. | ||
By: | Cyrus Capital Advisors, L.L.C., its general partner | |
By: | Cyrus Capital Partners GP, L.L.C., its managing member | |
By: | /s/ Stephen C. Freidheim | |
Name: | Stephen C. Freidheim | |
Title: | Manager | |
CYRUS OPPORTUNITIES MASTER FUND II, LTD. | ||
By: | /s/ Stephen C. Freidheim | |
Name: | Stephen C. Freidheim | |
Title: | Authorized signatory | |
CYRUS SELECT OPPORTUNITIES MASTER FUND, LTD. | ||
By: | /s/ Stephen C. Freidheim | |
Name: | Stephen C. Freidheim | |
Title: | Authorized signatory | |
CYRUS CAPITAL PARTNERS GP, L.L.C. | ||
By: | /s/ Stephen C. Freidheim | |
Name: | Stephen C. Freidheim | |
Title: | Manager | |
CYRUS CAPITAL ADVISORS, L.L.C. | ||
By: | Cyrus Capital Partners GP, L.L.C., its managing member | |
By: | /s/ Stephen C. Freidheim | |
Name: | Stephen C. Freidheim | |
Title: | Manager |
13D
CUSIP No. 84841L100 | Page 16 of 16 |
FBC HOLDINGS S.á r.l. | ||
By: | Cyrus Capital Partners, L.P., as investment manager of the shareholders | |
By: | Cyrus Capital Partners GP, L.L.C., its general partner | |
By: | /s/ Stephen C. Freidheim | |
Name: | Stephen C. Freidheim | |
Title: | Manager | |
By: | /s/ Stephen C. Freidheim | |
Name: | Stephen C. Freidheim, individually |