SEC FORM 3/A SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
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1. Name and Address of Reporting Person*
STONEHILL CAPITAL MANAGEMENT LLC

(Last) (First) (Middle)
320 PARK AVENUE
26TH FLOOR

(Street)
NEW YORK NY 10022

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
02/28/2024
3. Issuer Name and Ticker or Trading Symbol
Veradigm Inc. [ MDRX ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
03/04/2024
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, par value $0.01 per share 5,087,686 I See Footnotes(1)(3)
Common Stock, par value $0.01 per share 5,737,176 I See Footnotes(2)(3)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
0.875% Convertible Senior Notes due 2027 12/31/2021 01/01/2027 Common Stock 44,307 (4) I See Footnotes(1)(3)
0.875% Convertible Senior Notes due 2027 12/31/2021 01/01/2027 Common Stock 49,939 (4) I See Footnotes(2)(3)
1. Name and Address of Reporting Person*
STONEHILL CAPITAL MANAGEMENT LLC

(Last) (First) (Middle)
320 PARK AVENUE
26TH FLOOR

(Street)
NEW YORK NY 10022

(City) (State) (Zip)
1. Name and Address of Reporting Person*
STONEHILL MASTER FUND LTD.

(Last) (First) (Middle)
C/O STONEHILL CAPITAL MANAGEMENT LLC
320 PARK AVENUE, 26TH FLOOR

(Street)
NEW YORK NY 10022

(City) (State) (Zip)
1. Name and Address of Reporting Person*
STONEHILL INSTITUTIONAL PARTNERS LP

(Last) (First) (Middle)
C/O STONEHILL CAPITAL MANAGEMENT LLC
320 PARK AVENUE, 26TH FLOOR

(Street)
NEW YORK NY 10022

(City) (State) (Zip)
1. Name and Address of Reporting Person*
MOTULSKY JOHN

(Last) (First) (Middle)
C/O STONEHILL CAPITAL MANAGEMENT LLC
320 PARK AVENUE, 26TH FLOOR

(Street)
NEW YORK NY 10022

(City) (State) (Zip)
1. Name and Address of Reporting Person*
Sacks Jonathan S

(Last) (First) (Middle)
C/O STONEHILL CAPITAL MANAGEMENT LLC
320 PARK AVENUE, 26TH FLOOR

(Street)
NEW YORK NY 10022

(City) (State) (Zip)
1. Name and Address of Reporting Person*
SISITSKY PETER

(Last) (First) (Middle)
C/O STONEHILL CAPITAL MANAGEMENT LLC
320 PARK AVENUE, 26TH FLOOR

(Street)
NEW YORK NY 10022

(City) (State) (Zip)
1. Name and Address of Reporting Person*
THOYER MICHAEL

(Last) (First) (Middle)
C/O STONEHILL CAPITAL MANAGEMENT LLC
320 PARK AVENUE, 26TH FLOOR

(Street)
NEW YORK NY 10022

(City) (State) (Zip)
1. Name and Address of Reporting Person*
Stern Michael Lenard

(Last) (First) (Middle)
C/O STONEHILL CAPITAL MANAGEMENT LLC
320 PARK AVENUE, 26TH FLOOR

(Street)
NEW YORK NY 10022

(City) (State) (Zip)
1. Name and Address of Reporting Person*
Arora Samir

(Last) (First) (Middle)
C/O STONEHILL CAPITAL MANAGEMENT LLC
320 PARK AVENUE, 26TH FLOOR

(Street)
NEW YORK NY 10022

(City) (State) (Zip)
1. Name and Address of Reporting Person*
Zwahlen Garrett

(Last) (First) (Middle)
C/O STONEHILL CAPITAL MANAGEMENT LLC
320 PARK AVENUE, 26TH FLOOR

(Street)
NEW YORK NY 10022

(City) (State) (Zip)
Explanation of Responses:
1. Held directly by Stonehill Master Fund Ltd (the "Master Fund").
2. Held directly by Stonehill Institutional Partners, L.P. (the "Fund").
3. Stonehill Capital Management LLC ("Management") is the manager of the Fund and the Master Fund. John Motulsky, Jonathan Sacks, Peter Sisitsky, Michael Thoyer, Michael Stern, Samir Arora and Garrett Zwahlen are the managing members of Management. The reporting persons disclaim beneficial ownership of the reported securities except to the extent of any pecuniary interest therein, and this report shall not be deemed an admission that the reporting persons are the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
4. Senior Notes due 2027 (the "Notes") are convertible into shares of the Issuer's common stock at a conversion rate of 75.0962 shares of common stock The 0.875% Convertible per $1,000 principal amount of the Notes (subject to adjustment pursuant to the terms of the Notes).
Remarks:
This amendment to the Form 3 filed on March 4, 2024 (the "Original Form 3") is being filed to add Stonehill Master Fund Ltd. (the "Master Fund"), Samir Arora and Garrett Zwahlen as additional reporting persons. The Master Fund, Mr. Arora and Mr. Zwahlen were named in the explanation of responses in the Original Form 3 and signed the Joint Filer Information and Signatures filed with the Original Form 3 as Exhibit 99.1, but were not included as reporting persons as they did not have codes to make filings on the EDGAR system.
/s/ Paul Malek, Stonehill Capital Management LLC, By: Paul Malek, authorized signatory 03/15/2024
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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								Exhibit 99.1
		    Joint Filer Information and Signatures

1.  	Name: Stonehill Master Fund Ltd.
    	Address: c/o Stonehill Capital Management LLC, 320 Park Avenue, 26th
             	 Floor, New York, NY 10022

	STONEHILL MASTER FUND LTD.
	By: /s/ Paul Malek
	    --------------
	Name: Paul Malek
	Title: Authorized Signatory
	Date: March 15, 2024

2.	Name: Stonehill Institutional Partners, L.P.
	Address: c/o Stonehill Capital Management LLC, 320 Park Avenue, 26th
	         Floor, New York, NY 10022

	STONEHILL INSTITUTIONAL PARTNERS, L.P.
	By: /s/ Paul Malek
	    --------------
	Name: Paul Malek
	Title: Authorized Signatory
	Date: March 15, 2024

3.	Name: John Motulsky
	Address: c/o Stonehill Capital Management LLC, 320 Park Avenue, 26th
	         Floor, New York, NY 10022

	By: /s/ Paul Malek, as attorney-in-fact
	    -----------------------------------
	Name: John Motulsky
	Date: March 15, 2024

4.	Name: Jonathan Sacks
	Address: c/o Stonehill Capital Management LLC, 320 Park Avenue, 26th
	         Floor, New York, NY 10022

	By: /s/ Paul Malek, as attorney-in-fact
	    -----------------------------------
	Name: Jonathan Sacks
	Date: March 15, 2024

5.	Name: Peter Sisitsky
	Address: c/o Stonehill Capital Management LLC, 320 Park Avenue, 26th
		 Floor, New York, NY 10022

	By: /s/ Paul Malek, as attorney-in-fact
 	    -----------------------------------
	Name: Peter Sisitsky
	Date: March 15, 2024

6.	Name: Michael Thoyer
	Address: c/o Stonehill Capital Management LLC, 320 Park Avenue, 26th
	         Floor, New York, NY 10022

	By: /s/ Paul Malek, as attorney-in-fact
	    -----------------------------------
	Name: Michael Thoyer
	Date: March 15, 2024

7.	Name: Michael Stern
	Address: c/o Stonehill Capital Management LLC, 320 Park Avenue, 26th
		 Floor, New York, NY 10022

	By: /s/ Paul Malek, as attorney-in-fact
	    -----------------------------------
	Name: Michael Stern
	Date: March 15, 2024

8.	Name: Samir Arora
	Address: c/o Stonehill Capital Management LLC, 320 Park Avenue, 26th
		 Floor, New York, NY 10022

	By: /s/ Paul Malek, as attorney-in-fact
	    -----------------------------------
	Name: Samir Arora
	Date: March 15, 2024

9.	Name: Garrett Zwahlen
	Address: c/o Stonehill Capital Management LLC, 320 Park Avenue, 26th
		 Floor, New York, NY 10022

	By: /s/ Paul Malek, as attorney-in-fact
	    -----------------------------------
	Name: Garrett Zwahlen
	Date: March 15, 2024