Perceptive Credit Advisors, LLC - Apr 4, 2023 Form 4 Insider Report for CHEMBIO DIAGNOSTICS, INC. (CEMI)

Role: 10%+ Owner
Signature: /s/ Joseph Edelman for Perceptive Credit Advisors LLC, By: Joseph Edelman, its managing member
Stock symbol: CEMI
Transactions as of: Apr 4, 2023
Transactions value $: $333,248
Form type: 4
Date filed: 4/6/2023, 09:37 PM
Next filing: Apr 13, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CEMI	Common Stock	Purchase	$86.2K	+196K	+5.34%	$0.44	3.87M	Apr 4, 2023	See footnote	F1, F4
transaction	CEMI	Common Stock	Purchase	$97.9K	+218K	+5.62%	$0.45	4.09M	Apr 5, 2023	See footnote	F2, F4
transaction	CEMI	Common Stock	Purchase	$149K	+339K	+8.3%	$0.44	4.43M	Apr 6, 2023	See footnote	F3, F4

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

Explanation of Responses:

Id	Content
F1	The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.435 to $0.447, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges of the prices reported.
F2	The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.442 to $0.447, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges of the prices reported.
F3	The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.4399 to $0.4456, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges of the prices reported.
F4	The securities are directly held by Perceptive Credit Holdings II, L.P. (the "Credit Fund"). Perceptive Credit Opportunities GP, LLC is the general partner of the Credit Fund, and Perceptive Credit Advisors LLC ("Credit Advisor") serves as the investment manager of the Credit Fund and as a relying advisor under Perceptive Advisors LLC (the "Advisor"). Joseph Edelman is the managing member of Credit Advisor and the Advisor. The Credit Advisor, the Advisor, and Mr. Edelman disclaim, for purposes of Section 16 of the Securities Exchange Act of 1934, beneficial ownership of such securities, except to the extent of its or his indirect pecuniary interest therein, and this report shall not be deemed an admission that the Credit Advisor or Mr. Edelman is the beneficial owner of such securities for purposes of Section 16 or for any other purposes.