As of August 18, 2014, BIOeCON BV owns 3,109,213 shares of Class A Stock, constituting 4.85% of the Class A Stock issued and outstanding as of that date. BIOeCON Holding BV is a controlling stockholder of BIOeCON BV, and BIOeCON NV is a controlling stockholder of BIOeCON Holding BV, and thus they may be deemed to share voting power with BIOeCON BV with respect to these 3,109,213 shares of Class A Stock. BIOeCON NV has sole dispositive power with respect to these 3,109,213 shares of Class A Stock.
Since the Schedule 13D filed by BIOeCON BV on August 8, 2014, BIOeCON BV effected the following open-market sales of Class A Stock:
Date
Shares
Price per Share
8/8/2014
50,000
$0.25
8/13/2014
200,000
$0.19
8/14/2014
150,000
$0.18
8/15/2014
26,300
$0.15
8/18/2014
300,000
$0.13
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