CUSIP No. 988924205 | 13D | Page 11 of 13 Pages |
Aristar Capital has the sole power to vote or direct the vote of 0 Shares; has the shared power to vote or direct the vote of 68,660,798 Shares; has the sole power to dispose or direct the disposition of 0 Shares; and has the shared power to dispose or direct the disposition of 68,660,798 Shares.
6
Aristar GP has the sole power to vote or direct the vote of 0 Shares; has the shared power to vote or direct the vote of 68,660,798 Shares; has the sole power to dispose or direct the disposition of 0 Shares; and has the shared power to dispose or direct the disposition of 68,660,798 Shares.6
Mr. Smith has the sole power to vote or direct the vote of 33,394,194 Shares7; has the shared power to vote or direct the vote of 68,660,798 Shares; has the sole power to dispose or direct the disposition of 33,394,194 Shares7; and has the shared power to dispose or direct the disposition of 68,660,798 Shares.6
Aristar Ventures I has the sole power to vote or direct the vote of 0 Shares; has the shared power to vote or direct the vote of 65,596,493 Shares (consisting of (i) 15,955,136 Shares and (ii) warrants to purchase 49,641,357 Shares); has the sole power to dispose or direct the disposition of 0 Shares; and has the shared power to dispose or direct the disposition of 65,596,493 Shares (consisting of (i) 15,955,136 Shares and (ii) warrants to purchase 49,641,357 Shares).6
Aristar Ventures I-B has the sole power to vote or direct the vote of 0 Shares; has the shared power to vote or direct the vote of 1,985,448 Shares; has the sole power to dispose or direct the disposition of 0 Shares; and has the shared power to dispose or direct the disposition of 1,985,448 Shares. 6
Aristar Ventures I-C has the sole power to vote or direct the vote of 0 Shares; has the shared power to vote or direct the vote of 1,078,857 Shares (consisting of (i) 844,571 Shares and (ii) warrants to purchase 234,286 Shares); has the sole power to dispose or direct the disposition of 0 Shares; and has the shared power to dispose or direct the disposition of 1,078,857 Shares (consisting of (i) 844,571 Shares and (ii) warrants to purchase 234,286 Shares). 6
Item 6. | Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer. |
Item 6 is hereby amended and supplemented by adding the following:
Except as otherwise set forth in this Schedule 13D, there are no contracts, arrangements, understandings or similar relationships existing with respect to the securities of the Issuer between the Reporting Persons and any other person or entity.
6 Mr. Smith is the managing member of Aristar Capital, an investment management firm that serves as the investment manager of Aristar Ventures I, Aristar Ventures I-B and Aristar Ventures I-C. Mr. Smith is also the managing member of Aristar GP, which serves as the managing member of Aristar Ventures I, Aristar Ventures I-B and Aristar Ventures I-C. As a result of the foregoing, the Shares deemed to be beneficially owned by each of (i) Aristar Ventures I, Aristar Ventures I-B and Aristar Ventures I-C are deemed to be beneficially owned by each of Aristar Capital and Aristar Capital GP and (ii) Aristar Capital and Aristar Capital GP are deemed to be beneficially owned by Mr. Smith.
7 The 33,394,194 Shares consist of (i) 285,615 Shares; (ii) convertible notes that are currently convertible into 407,889 Shares; (iii) shares of Series B Preferred Stock that are currently convertible into 813,839 Shares; (iv) three tranches of warrants that are currently exercisable to purchase an aggregate of 886,851 Shares (18,077 Shares, 609,566 Shares and 259,208 Shares); and (v) warrants that are currently exercisable to purchase 31,000,000 Shares.
CUSIP No. 988924205 | 13D | Page 12 of 13 Pages |
Item 7. | Material to be filed as Exhibits. |
Item 7 is hereby amended and supplemented by adding the following:
Exhibit A: | Joint Filing Agreement |
Exhibit B: | Form of Warrant (incorporated by reference to Exhibit 4.3 of the Issuer’s Current Report on Form 8-K filed on February 9, 2015) |
Annex A: | Certain Transactions by the Reporting Persons |