Jaguar Health Inc (JAGX)

[malt66]

THIS IS A PRETTY DAMN GOOD DEAL!

The Company offered certain holders of warrants the opportunity to exercise such warrants for cash at a reduced exercise price of $0.40 for all of the Company's Series C Warrants (the " Reduced Exercise Price ") issued pursuant to the Purchase Agreement. The Company received acceptance of the reprice offer (the " Acceptance ") from 6 holders (" Holders ") on July 31, 2017, and entered, on July 31, 2017, into separate Warrant Exercise Agreements with such Holders. Pursuant to the Acceptance and the separate Warrant Exercise Agreements, each Holder agreed solely with the Company to exercise certain warrants for cash in exchange for the Company reducing the current exercise price to the applicable Reduced Exercise Price for such warrants.

This Supplement is being filed with respect to the Reduced Exercise Price of the following warrants:




Holder
No. of Series C
Warrants
Subject to Repricing


Anson Investments Master Fund LP
291,667


Brio Capital Master Fund Ltd.
333,334


L1 Capital Global Opportunities Master Fund
83,333


Empery Asset Master, Ltd.
83,904


Empery Tax Efficient II, LP
68,752


Empery Tax Efficient, LP
47,344


Total
908,334