Mr Cooper Group Inc (COOP)

[Evintos]

Note: Preliminary Rough numbers

The biggest hurdle to any estimate is the amoount of non-Fortress NationStar shareholders electing to receive cash in lieu of WMIH shares. Assuming 100% of non-Fortress shareholders want shares and Fotress holders 50/50 cash/shares - then there will be an issuance of 1.117 billion shares to NationStar holders.


There are estimates on page 10 of the PowerPoint.


Approximately 447 million shares from Series B. So we're looking at roughly 1.565 billion shares not including current outstanding shares at 206 mil.

1.771 Billion outstanding shares.