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I-Man

05/20/17 7:53 AM

#39319 RE: Net-Man #39274

Afterhours 6-K $12.00/Share ??

Between the date of the Purchase Agreement, April 3, 2017, and May 19, 2017, the Company has sold an aggregate 6,592,149 Shares to the Investor at an average price of approximately $12.00 per share. The aggregate gross purchase price for these Shares was approximately $79.1 million. The Company's estimated aggregate net proceeds from the sale of these Shares is approximately $78.3 million, after deducting estimated aggregate offering expenses. Following the settlement for all of such Shares sold as of the date hereof, the Company will have a total of 12,064,107 shares of common stock outstanding. As of the date hereof, up to $147.3 million of the Shares is remaining that the Company may sell pursuant to the Purchase Agreement.