Wednesday, April 08, 2020 6:11:02 PM
Act of 1934, as amended, (i) Sabby Healthcare Master Fund,
Ltd. and Sabby Volatility Master Fund, Ltd. beneficially own 1,137,260
and 1,137,260 shares of the Issuer's common stock (common shares),
respectively, representing approximately 9.99% and 9.99% of the Common
Stock, respectively, and (ii) Sabby Management, LLC and Hal Mintz each
beneficially own 1,137,260 shares of the common shares,
representing approximately 9.99% of the common shares. Sabby Management,
LLC and Hal Mintz do not directly own any common shares, but
each indirectly owns 1,137,260 common shares. Sabby Management,
LLC, a Delaware limited liability company, indirectly owns
1,137,260 common shares because it serves as the investment manager of
Sabby Healthcare Master Fund, Ltd. and Sabby Volatility Warrant Master
Fund, Ltd., Cayman Islands companies. Mr. Mintz indirectly owns
1,137,260 common shares in his capacity as manager of Sabby Management,
LLC.
I took this to mean 1,137,260 shares are to be controlled by the mentioned entities.. Am I reading it wrong?
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