Edgar Filing: SAExploration Holdings, Inc.

Ownership Submission

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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Â WHITEBOX ADVISORS LLC

2. Date of Event Requiring Statement (Month/Day/Year)
07/27/2016

3. Issuer Name and Ticker or Trading Symbol
SAExploration Holdings, Inc. [SAEX]

(Last)

(First)

(Middle)

3033 EXCELSIOR BOULEVARD, SUITE 300,Â

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

__X__ Director	__X__ 10% Owner
_____ Officer (give title below)	_____ Other (specify below)

5. If Amendment, Date Original Filed(Month/Day/Year)
08/02/2016

(Street)

MINNEAPOLIS,Â MNÂ 55416

6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

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	2,609,039	I	See Footnote ⁽¹⁾
Common Stock	1,026,461	D ⁽²⁾	Â
Common Stock	943,607	D ⁽³⁾	Â

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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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 of Derivative Security: 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

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
WHITEBOX ADVISORS LLC 3033 EXCELSIOR BOULEVARD, SUITE 300 MINNEAPOLIS,Â MNÂ 55416	Â X	Â X	Â	Â
WHITEBOX GENERAL PARTNER LLC 3033 EXCELSIOR BOUELVARD, SUITE 300 MINNEAPOLIS,Â MNÂ 55416	Â	Â X	Â	Â
Whitebox Multi-Strategy Partners LP ESTERA CORPORATE SERVICES (BVI) LTD. JAYLA PL, WICKHAMS CAY 1, ROAD TOWN TORTOLA,Â D8Â VG1110	Â	Â X	Â	Â
WBOX2015-7 LTD. WATERFRONT DR, WICKHAMS CAY 1, BOX 3190 ROAD TOWN TORTOLA,Â D8Â VG1110	Â	Â X	Â	Â
Mercer Jacob Paul C/O WHITEBOX ADVISORS LLC 3033 EXCELSIOR BOULEVARD SUITE 300 MINNEAPOLIS,Â MNÂ 55416	Â X	Â	Â	Â

Signatures

Whitebox Advisors LLC, By:/s/ Mark Strefling, Whitebox Advisors LLC, Chief Operating Officer		08/12/2016
^**Signature of Reporting Person		Date
Whitebox General Partner LLC By: /s/ Mark Strefling, Whitebox Advisors LLC, Chief Operating Officer		08/12/2016
^**Signature of Reporting Person		Date
WHITEBOX MULTI-STRATEGY PARTNERS, LP, By: Whitebox General Partner LLC, By: /s/ Mark Strefling, Mark Strefling, Whitebox Advisors LLC, Chief Operating Officer		08/12/2016
^**Signature of Reporting Person		Date
WBox 2015-7 Ltd., By: /s/ Mark Strefling, Director		08/12/2016
^**Signature of Reporting Person		Date
Jacob Mercer By: /s/ Jacob Mercer		08/12/2016
^**Signature of Reporting Person		Date

Explanation of Responses:

*	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).
(1)	These securities are directly beneficially owned by certain private investment funds, including Whitebox Multi-Strategy Partners, LP ("WMP") (together, the "Private Funds") and WBox 2015-7 Ltd. a special purpose vehicle established to hold securities on behalf of the Private Funds (the "SPV") and may be deemed to be beneficially owned by (a) Whitebox Advisors LLC by virtue of its role as the investment manager of the Private Funds and the SPV, and (b) Whitebox General Partner LLC by virtue of its role as the general partner of the Private Funds.
(2)	These securities are directly beneficially owned by the SPV. WMP may be deemed to indirectly beneficially own 638,787 of these securities.
(3)	These securities are directly beneficially owned by WMP.
Â Remarks: JacobÂ MercerÂ doesÂ notÂ beneficiallyÂ ownÂ anyÂ securities.Â ThisÂ amendmentÂ isÂ beingÂ filedÂ toÂ correctÂ theÂ FormÂ 3Â filedÂ byÂ theÂ ReportingÂ PersonsÂ onÂ AugustÂ 2,Â 2016,Â whichÂ incorrectlyÂ statedÂ thatÂ theÂ securitiesÂ reportedÂ inÂ TableÂ IÂ wereÂ directlyÂ ownedÂ byÂ WhiteboxÂ AdvisorsÂ LLC.Â EachÂ ofÂ JacobÂ Mercer,Â theÂ PrivateÂ Funds,Â theÂ SPV,Â WhiteboxÂ AdvisorsÂ LLCÂ andÂ WhiteboxÂ GeneralÂ PartnerÂ LLCÂ disclaimÂ beneficialÂ ownershipÂ ofÂ theÂ reportedÂ securitiesÂ exceptÂ toÂ theÂ extentÂ ofÂ hisÂ orÂ itsÂ pecuniaryÂ interestÂ therein,Â andÂ affirmativelyÂ disclaimÂ beingÂ aÂ "group"Â forÂ purposesÂ ofÂ SectionÂ 16Â ofÂ theÂ SecuritiesÂ ExchangeÂ ActÂ ofÂ 1934,Â asÂ amended.

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