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Re: None

Wednesday, 06/23/2021 6:34:54 PM

Wednesday, June 23, 2021 6:34:54 PM

Post# of 2651
In case anyone else reading this board wants to know the info on SD's warrants:

SDRWW, Series A, 41.34 strike, expire 10/4/22
SDRDW, Series B, 42.03 strike, expire 10/4/22

From 12/31/16 10-K:

General Unsecured Claims. The Predecessor Company’s general unsecured claims, including the 8.75% Senior Notes due 2020, 7.5% Senior Notes due 2021, 8.125% Senior Notes due 2022, and 7.5% Senior Notes due 2023 (collectively, the “Senior Unsecured Notes”) and the 8.125% Convertible Senior Notes due 2022 and 7.5% Convertible Senior Notes due 2023 (collectively, the “Convertible Senior Unsecured Notes” and together with the Senior Unsecured Notes, the “Unsecured Notes”), became entitled to receive their proportionate share of (a) approximately $36.7 million in cash, (b) approximately 5.7 million shares of New Common Stock, 5.2 million of which was issued immediately upon emergence, and (c) 4.9 million Series A Warrants and 2.1 million Series B Warrants, with initial exercise prices of $41.34 and $42.03 per share, respectively, which expire on October 4, 2022, (the “Warrants”). Approximately 4.5 million Series A Warrants and 1.9 million Series B Warrants were issued immediately upon emergence.


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