The degenerate third Painlevé equation, u ′′ (τ ) = (u ′ , and a ∈ C, is studied via the Isomonodromy Deformation Method. Asymptotics of general regular and singular solutions as τ → ±∞ and τ → ±i∞ are derived and parametrized in terms of the monodromy data of the associated 2 × 2 linear auxiliary problem introduced in [1]. Using these results, three-real-parameter families of solutions that have infinite sequences of zeroes and poles that are asymptotically located along the real and imaginary axes are distinguished: asymptotics of these zeroes and poles are also obtained.