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* WHITEBOX ADVISORS LLC (Last) (First) (Middle) 3033 EXCELSIOR BOULEVARD, SUITE 300 (Street) MINNEAPOLIS MN 55416 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 07/27/2016	3. Issuer Name and Ticker or Trading Symbol SAExploration Holdings, Inc. [ SAEX ]
		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 of Original Filed (Month/Day/Year) 08/02/2016
			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	2,609,039	I	See Footnote(1)
Common Stock	1,026,461	D(2)
Common Stock	943,607	D(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

1. Name and Address of Reporting Person* WHITEBOX ADVISORS LLC (Last) (First) (Middle) 3033 EXCELSIOR BOULEVARD, SUITE 300 (Street) MINNEAPOLIS MN 55416 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer X Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* WHITEBOX GENERAL PARTNER LLC (Last) (First) (Middle) 3033 EXCELSIOR BOUELVARD, SUITE 300 (Street) MINNEAPOLIS MN 55416 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Whitebox Multi-Strategy Partners LP (Last) (First) (Middle) ESTERA CORPORATE SERVICES (BVI) LTD. JAYLA PL, WICKHAMS CAY 1, ROAD TOWN (Street) TORTOLA D8 VG1110 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* WBOX2015-7 LTD. (Last) (First) (Middle) WATERFRONT DR, WICKHAMS CAY 1, BOX 3190 ROAD TOWN (Street) TORTOLA D8 VG1110 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Mercer Jacob Paul (Last) (First) (Middle) C/O WHITEBOX ADVISORS LLC 3033 EXCELSIOR BOULEVARD SUITE 300 (Street) MINNEAPOLIS MN 55416 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer X Director 10% Owner Officer (give title below) Other (specify below)

Explanation of Responses:

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.

Remarks:

Jacob Mercer does not beneficially own any securities. This amendment is being filed to correct the Form 3 filed by the Reporting Persons on August 2, 2016, which incorrectly stated that the securities reported in Table I were directly owned by Whitebox Advisors LLC. Each of Jacob Mercer, the Private Funds, the SPV, Whitebox Advisors LLC and Whitebox General Partner LLC disclaim beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein, and affirmatively disclaim being a "group" for purposes of Section 16 of the Securities Exchange Act of 1934, as amended.

	Whitebox Advisors LLC, By:/s/ Mark Strefling, Whitebox Advisors LLC, Chief Operating Officer	08/12/2016
	Whitebox General Partner LLC By: /s/ Mark Strefling, Whitebox Advisors LLC, Chief Operating Officer	08/12/2016
	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
	WBox 2015-7 Ltd., By: /s/ Mark Strefling, Director	08/12/2016
	Jacob Mercer By: /s/ Jacob Mercer	08/12/2016
	** 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).
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