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Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Checkbox not checked   Rule 13d-1(b)
Checkbox not checked   Rule 13d-1(c)
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SCHEDULE 13D/A 0001352851 XXXXXXXX LIVE 1 Common Stock, par value $.0001 04/08/2025 false 0001481646 00437E102 ACCOLADE, INC. 1201 Third Avenue Suite 1700 Seattle WA 98101 David J. Snyderman 847-905-4400 1603 Orrington Avenue 13th Floor Evanston IL 60201 0001352851 N Magnetar Financial LLC b OO N DE 0.00 0.00 0.00 0.00 0.00 N 0 IA OO 0001353085 N Magnetar Capital Partners LP b OO N DE 0.00 0.00 0.00 0.00 0.00 N 0 HC OO 0001368026 N Supernova Management LLC b OO N DE 0.00 0.00 0.00 0.00 0.00 N 0 HC OO 0001953511 N David J. Snyderman b OO N X1 0.00 0.00 0.00 0.00 0.00 N 0 IN HC Common Stock, par value $.0001 ACCOLADE, INC. 1201 Third Avenue Suite 1700 Seattle WA 98101 This Amendment No. 1 ("Amendment No. 1") relates to the Statement of Beneficial Ownership on Schedule 13D filed jointly by Magnetar Financial LLC, a Delaware limited liability company ("Magnetar Financial"), Magnetar Capital Partners LP, a Delaware limited partnership ("Magnetar Capital Partners"), Supernova Management LLC, a Delaware limited liability company ("Supernova Management"), and David J. Snyderman ("Mr. Snyderman") with the SEC on April 10, 2025, (as amended by this Amendment No. 1, the "Schedule 13D"). This Amendment No. 1 is being filed to report that the Reporting Persons are no longer beneficial owners of more than 5% of the Shares. The filing of this Amendment No. 1 represents the final amendment to this Schedule 13D and constitutes an exit filing for the Reporting Persons. Except as set forth below, all Items of the Schedule 13D remain unchanged. All capitalized terms not otherwise defined herein shall have the meanings ascribed to such terms in the Schedule 13D. Item 4 of the Schedule 13D is hereby amended to add the following information for updating: Since the filing of Schedule 13D on January 21, 2025, on April 8, 2025 ("Effective Date"), the Issuer consummated a merger (the "Merger") pursuant to which each Share of Issuer's common stock outstanding immediately prior to the Effective Date was cancelled and converted into the right to receive $7.03 in cash, without interest. In connection with the Merger, the Reporting Persons' Shares, which consisted of 5,793,914 Shares sold for the benefit of (i) 3,482,990 Shares sold for the benefit of PRA Master Fund and (ii) 1,483,761 Shares sold for the benefit of Systematic Master Fund, and (iii) 355,329 Shares sold for the benefit of Relative Value Master Fund, and (iv) 471,834 Shares sold for the benefit of the Managed Accounts, were cancelled and converted into the right to receive $7.03 in cash, without interest. Item 5(a)-(c) and (e) of the Schedule 13D is hereby amended to add the following information for updating: As of the closing of the Merger on April 8, 2025, each of the Reporting Persons may have been deemed to have beneficial ownership of 0 Shares. As of the closing of the Merger on April 8, 2025, each of the Reporting Persons may have been deemed to share the power to vote and direct the disposition of 0 Shares, which represented beneficial ownership of 0% of the Shares. The response to Item 4 of this Amendment No. 1 is incorporated herein by reference. The Reporting Persons purchased additional 658,243 Shares in aggregate totaling $4,550,649.50 (excluding commissions and other execution-related costs) on behalf of the Funds since the filing of the Schedule 13D on January 21, 2025. As of April 8, 2025, the Reporting Persons ceased to be beneficial owners of more than five percent of the Shares. N/A 99.1 Joint Filing Agreement, dated as of April 8, 2025, among the Reporting Persons. 99.2 Power of Attorney, dated as of December 22, 2022 filed by the Reporting Persons on April 8, 2025. Magnetar Financial LLC /s/ Hayley Stein Hayley Stein/Attorney-in-fact for David J. Snyderman, Manager of Supernova Management LLC, Magnetar Capital Partners LP, its Sole Member, Supernova M 04/10/2025 Magnetar Capital Partners LP /s/ Hayley Stein Hayley Stein/Attorney-in-fact for David J. Snyderman, Manager of Supernova Management LLC, Supernova Management LLC, its General Partner 04/10/2025 Supernova Management LLC /s/ Hayley Stein Hayley Stein/Attorney-in-fact for David J. Snyderman, Manager of Supernova Management LLC 04/10/2025 David J. Snyderman /s/ Hayley Stein Hayley Stein/Attorney-in-fact for David J. Snyderman, Manager of Supernova Management LLC 04/10/2025