| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | DRTT | Common Shares | Other | $1,559,898 | +3,899,745 | +22% | $0.4000 | 21,356,410 | 31 May 2023 | By: 22NW Fund, LP | F1, F2, F3 |
| holding | DRTT | Common Shares | 1,777,369 | 31 May 2023 | Direct | F1 |
| Id | Content |
|---|---|
| F1 | This Form 4 is filed jointly by 22NW Fund, LP ("22NW Fund"), 22NW, LP ("22NW"), 22NW Fund GP, LLC ("22NW GP"), 22NW GP, Inc. ("22NW Inc.") and Aron R. English (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively beneficially owns more than 10% of the Issuer's outstanding Common Shares. Mr. English is also a director of the Issuer. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein. |
| F2 | On May 31, 2023, the Issuer announced that shareholders approved the issuance of 3,899,745 Common Shares to 22NW Fund, at a deemed price of $0.40 per Common Share, as reimbursement for legal fees and other expenses incurred by the Reporting Persons in connection with the contested director election at the Issuer's 2022 annual and special meeting. |
| F3 | Securities owned directly by 22NW Fund. As the investment manager to 22NW Fund, 22NW may be deemed to beneficially own the securities owned directly by 22NW Fund. As the general partner of 22NW Fund, 22NW GP may be deemed to beneficially own the securities owned directly by 22NW Fund. As the general partner of 22NW, 22NW Inc. may be deemed to beneficially own the securities owned directly by 22NW Fund. Mr. English, as the Portfolio Manager of 22NW, Manager of 22NW GP and President and sole shareholder of 22NW Inc., may be deemed to beneficially own the securities owned directly by 22NW Fund. |