X0304 4 2011-09-30 0 0001133416 GALECTIN THERAPEUTICS INC GALT 0001453356 10X Fund, L.P. 1099 FOREST LAKE TERRACE NICEVILLE FL 32578 0 0 1 0 0001457247 10X Capital Management, LLC 1099 FOREST LAKE TERRACE NICEVILLE FL 32578 0 0 1 0 Common Stock 2011-09-30 4 X 0 2410000 0.5 A 8862698 I By 10X Fund, LP Common Stock 2011-09-30 4 J 0 206724 0.9202 A 9069422 I By 10X Fund, LP Class A-1 Warrant 0.5 2011-09-30 4 X 0 235000 D 2009-09-30 2014-09-30 Common Stock 235000 0 I By 10X Fund, LP Class A-1 Warrant 0.5 2011-09-30 4 X 0 310000 D 2009-11-03 2014-11-03 Common Stock 310000 0 I By 10X Fund, LP Class A-1 Warrant 0.5 2011-09-30 4 X 0 325000 D 2009-12-08 2014-12-08 Common Stock 325000 0 I By 10X Fund, LP Class A-1 Warrant 0.5 2011-09-30 4 X 0 325000 D 2010-01-29 2015-01-29 Common Stock 325000 0 I By 10X Fund, LP Class A-1 Warrant 0.5 2011-09-30 4 X 0 335000 D 2010-03-08 2015-03-08 Common Stock 335000 0 I By 10X Fund, LP Class A-1 Warrant 0.5 2011-09-30 4 X 0 310000 D 2010-04-30 2015-04-30 Common Stock 310000 0 I By 10X Fund, LP Class A-1 Warrant 0.5 2011-09-30 4 X 0 570000 D 2010-05-10 2015-05-10 Common Stock 570000 0 I By 10X Fund, LP On September 30, 2011, 10X Fund, LP exercised 2,410,000 Class A-1 Warrants, and as a result acquired 2,410,000 shares of common stock of the Issuer. The warrants were exercisable at $0.50 per share. The aggregate exercise price was $1,205,000. 10X Fund, L.P. has direct beneficial ownership of all the securities owned by 10X Fund, L.P. 10X Capital Management, LLC, a Florida limited liability company, is the general partner of 10X Fund, L.P., a Delaware limited partnership, and may be deemed to have indirect beneficial ownership of all or a portion of the securities owned directly by 10X Fund, L.P., such portion being equal to 10X Capital Management, LLC's (a) 20% interest in the profits of 10X Fund, L.P., (b) interest in any securities which are used to pay a 2% annual management fee to 10X Capital Management, LLC, and (c) interest in one-half of the Class B Warrants acquired by 10X Fund, L.P. in all closings other than the initial closing held on February 12, 2009, less one Class B Warrant which 10X Capital Management, LLC has committed to reallocate to investors in all prior closings until each such investor has one (1) additional Class B Warrant for each dollar invested. 10X Capital Management, LLC disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein. Dividends received on Series B Convertible Preferred Stock owned by 10X Fund, LP. Robert J. Mottern, as attorney in fact for 10X Fund, LP 2011-10-06 Robert J. Mottern, as attorney in fact for 10X Capital Management, LLC 2011-10-06