During the fourth quarter, the Company recorded a realized gain of approximately $7.1 million in connection with its exercise and sale of 3.75 million shares associated with its warrant to acquire shares of Upside. The Company also recorded a non-cash, unrealized gain of approximately $7.6 million in connection with the ownership of its warrant to acquire shares of Upside. The Company still holds a warrant to purchase 12.65 million shares or approximately 11% of Upside on a fully diluted basis.
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