Mr Cooper Group Inc (COOP)

[ReikoBlack]

Pg. 21
Table of Contents

“Qualified Acquisition” means an Acquisition that taken together with prior Acquisitions (if any) collectively utilize aggregate net proceeds of this offering of $450.0 million.
https://www.sec.gov/Archives/edgar/data/933136/000119312515400186/d29830d424b3.htm

Pg. 1
The Offering -

"On January 5, 2015, WMIH completed an offering (the “Series B Preferred Stock Offering”) of 600,000 shares of its Series B Preferred Stock, yielding aggregate gross proceeds equal to $600 million, pursuant to a Purchase Agreement with Citigroup Global Markets Inc. (“Citigroup”) and KKR Capital Markets LLC (“KCM”), an affiliate of KKR Fund Holdings L.P. (“KKR Fund”) and KKR Management. The initial net proceeds from the Series B Preferred Stock Offering of $598.5 million (net proceeds after payment of all offering expenses and initial purchasers’ fees, including contingent fees, some of which have not been realized, will be approximately $568.7 million) were deposited into an escrow account and initially invested in United States government securities having a maturity of 180 days or less, in certain money market funds, or cash items. The net proceeds of the Series B Preferred Stock Offering will be released from escrow to us from time to time in amounts needed to finance our efforts to explore and fund, in whole or in part, acquisitions, whether completed or not, including reasonable attorney fees and expenses, accounting expenses, due diligence and financial advisor fees and expenses."

Anyone have handy a link to what exactly constitutes a "qualifying merger or acquisition"?