Dialectic Technology SPV LLC's Schedule 13D Filing for Quantum Corp

Dialectic Technology SPV LLC, along with Dialectic Technology Manager LLC and John Fichthorn, filed a Schedule 13D with the SEC regarding their holdings in Quantum Corp. The filing discloses that Dialectic holds a warrant to purchase 2,653,308 shares of Quantum Corp's common stock, representing 19.9% of the outstanding shares, at an exercise price of $8.81 per share. The warrant was issued as part of a forbearance agreement related to Quantum Corp's term loans. The filing also details the terms of the warrant, including antidilution protections and the ability to require Quantum Corp to repurchase the warrant under certain conditions. Additionally, the filing outlines a transaction agreement that includes the issuance of convertible notes to Dialectic in exchange for the term loans. The filing indicates that the Reporting Persons may acquire additional securities of Quantum Corp or dispose of their holdings in the future.