0000950170-24-032410.txt : 20240315 0000950170-24-032410.hdr.sgml : 20240315 20240315191656 ACCESSION NUMBER: 0000950170-24-032410 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240313 FILED AS OF DATE: 20240315 DATE AS OF CHANGE: 20240315 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: DG Capital Management, LLC CENTRAL INDEX KEY: 0001512716 ORGANIZATION NAME: FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-15103 FILM NUMBER: 24756494 BUSINESS ADDRESS: STREET 1: 460 PARK AVENUE STREET 2: 22ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 646-942-5700 MAIL ADDRESS: STREET 1: 460 PARK AVENUE STREET 2: 22ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Gertzulin Dov CENTRAL INDEX KEY: 0001609920 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-15103 FILM NUMBER: 24756493 MAIL ADDRESS: STREET 1: C/O DG CAPITAL MANAGEMENT, LLC STREET 2: 460 PARK AVENUE, 22ND FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: INVACARE HOLDINGS Corp CENTRAL INDEX KEY: 0000742112 STANDARD INDUSTRIAL CLASSIFICATION: ORTHOPEDIC, PROSTHETIC & SURGICAL APPLIANCES & SUPPLIES [3842] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 384264819 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: ONE INVACARE WAY CITY: ELYRIA STATE: OH ZIP: 44035 BUSINESS PHONE: 4403296000 MAIL ADDRESS: STREET 1: ONE INVACARE WAY CITY: ELYRIA STATE: OH ZIP: 44035 FORMER COMPANY: FORMER CONFORMED NAME: INVACARE CORP DATE OF NAME CHANGE: 19920703 4 1 ownership.xml 4 X0508 4 2024-03-13 0000742112 INVACARE HOLDINGS Corp IVCRQ 0001512716 DG Capital Management, LLC 460 PARK AVENUE, 22ND FLOOR NEW YORK NY 10022 false false true false 0001609920 Gertzulin Dov 460 PARK AVENUE, 22ND NEW YORK NY 10022 false false true false false Common Stock 2024-03-13 4 J false 4182724 0 A 6319518 I See footnote The Reporting Persons acquired the shares of the Issuer's common stock in connection with affiliates of the Reporting Persons providing additional advances to the Issuer pursuant to that certain Second Amendment to Loan and Security Agreement, dated as of March 13, 2024. Shares reported herein are held by private investment funds, including DG Value Partners II Master Fund, LP, and separately managed accounts for which DG Capital Management, LLC serves as the investment manager. DG Value Partners II Master Fund, LP directly holds 5,323,209 shares of the Issuer's common stock. Mr. Gertzulin serves as the Managing Member of DG Capital Management, LLC. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that either of the Reporting Persons is the beneficial owner of any such shares for purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or for any other purpose. /s/DG Capital Management, LLC, by Dov Gertzulin, Managing Member 2024-03-15 /s/Dov Gertzulin 2024-03-15