Rosalind Advisors, Inc. - 30 Dec 2021 Form 5 Insider Report for DELCATH SYSTEMS, INC. (DCTH)

Role: Director
Signature: /s/ Steven Salamon, President, Rosalind Advisors, Inc.
Issuer symbol: DCTH
Transactions as of: 30 Dec 2021
Transactions value $: $2,396,000
Form type: 5
Filing time: 14 Feb 2022, 17:21:38 UTC
Previous filing: 01 Jul 2021
Next filing: 08 Apr 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DCTH	Convertible Note Payable	Other	$2.4M	+2K	+0.1%	$1,198.00^*	2M	06 Aug 2021	By Rosalind Advisors, Inc., the advisor to the Rosalind Funds	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	As previously reported, on August 6, 2021, the Issuer executed an agreement to amend an aggregate of $2,000 outstanding secured convertible notes payable to Rosalind Opportunities Fund I L.P. and Rosalind Master Fund L.P. to reduce the conversion price of the convertible notes to $1,198 per share of the Company's Series E Convertible Preferred Stock and extend the maturity date of the convertible notes to October 30, 2024.
F2	Each Reporting Persons disclaims beneficial ownership over the shares except to the extent of his or its respective pecuniary interest therein.

Content

As previously reported, on August 6, 2021, the Issuer executed an agreement to amend an aggregate of $2,000 outstanding secured convertible notes payable to Rosalind Opportunities Fund I L.P. and Rosalind Master Fund L.P. to reduce the conversion price of the convertible notes to $1,198 per share of the Company's Series E Convertible Preferred Stock and extend the maturity date of the convertible notes to October 30, 2024.

Each Reporting Persons disclaims beneficial ownership over the shares except to the extent of his or its respective pecuniary interest therein.