Item 4 — Purpose of Transaction
The Reporting Persons acquired the shares of Common Shares for investment or other purposes, from working capital and as disclosed in Item 3, which is incorporated by reference. The Reporting Persons intend to evaluate their investment in the Common Shares on a continual basis. The Reporting Persons may, from time to time: (i) acquire additional shares of Common Shares and/or other securities of the Issuer; (ii) retain or sell all or a portion of the shares of Common Shares and/or other securities of the Issuer held by the Reporting Persons; (iii) engage in any other hedging or similar transactions with respect to the shares of Common Shares and/or other securities of the Issuer; and/or (iv) distribute the Common Shares held by the Reporting Persons to other entities. Mr. Tor Olav Troim serves as a director of the Issuer, and, in such capacity, may participate in discussions regarding every aspect of the Issuer's governance, management, and operations, including activities that may relate to actions enumerated in Item 4 of Schedule 13D, whether with management, other directors, investors, advisers, and other persons. The Reporting Persons may review or reconsider their position, change their purpose, and/or formulate plans or proposals related to actions enumerated in Item 4 of Schedule 13D depending upon the Reporting Persons' review of several factors, including, among others, the price levels of the Common Shares, general market and economic conditions, ongoing evaluations of the Issuer's business, financial condition, operations and prospects, the relative attractiveness of alternative business and investment opportunities, the Reporting Persons' need for liquidity, and other future developments and factors deemed relevant. The Reporting Persons have no plans or proposals as of the date of this filing which, other than as set forth in this Schedule 13D, relate to, or would result in, any of the actions enumerated in Item 4 of Schedule 13D.