The foregoing descriptions are summaries of the Purchase Agreement and the A&R Registration Rights Agreement, do not purport to be complete and are qualified in their entireties by reference to the full texts thereof. The Purchase Agreement and the A&R Registration Rights Agreement which are referenced as Exhibits B and C to this Schedule 13D, respectively, and which are filed as Exhibits10.1 and 10.2, respectively, to the Issuer's Current Report on Form 8- K filed with the SEC on July 7, 2017 (the "July 2017 Form 8-K") are incorporated herein by reference.
Item 5. Interest in Securities of the Issuer.
Item 5 of the Schedule 13D is hereby amended and supplemented by the addition of the following:
(a) As of July 6, 2017, after the closing of the Private Placement, the Argentina Fund owned 1,471,838 shares of common stock and the Argentina Fund 2 owned 2,507,696 shares of common stock. The General Partner, General Partner 2 and Investment Manager could be deemed to be indirect beneficial owners of the reported shares. The General Partner, General Partner 2, the Investment Manager, Mr. Stimpson, Mr. Thompson, and Mr. Stoltz disclaim beneficial ownership except to the extent of their respective pecuniary interests therein, and this report shall not be deemed an admission of beneficial ownership of these securities for Section 16 or for any other purposes. The percentages used in this Schedule 13D are calculated based upon an aggregate of 54,783,376 shares of Common Stock outstanding, which is the sum of (i) 44,783,376 shares of Common Stock issued and outstanding as of July 6, 2017, as set forth in the Purchase Agreement and (ii) 10,000,000 shares of Common Stock issued by the Issuer on July 6, 2017 pursuant to the Purchase Agreement.
(b) The responses to Items 7-13 of the cover pages of this Schedule 13D are incorporated herein.
(c) Except as set forth in Item 4 of this Amendment No. 4, there have been no transactions in the Common Stock effected by any of the Reporting Persons since the filing of Amendment No. 3.
(d) Except as disclosed herein, no other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the shares of Common Stock beneficially owned by each of the Reporting Persons.
(e) Not applicable.
Neither the filing of this Schedule 13D nor any of its contents shall be deemed to constitute an admission by any of the Reporting Persons that he or it is the member of a “group” for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, and the rules and regulations thereunder, or for any other purpose.