Mr Cooper Group Inc (COOP)

[mordicai]

There is a condition to the merger happening as I posted this morning. WMIH must be approved for listing on the Global Select Market on Nasdaq which requires a minimum bid price of $4.00. WMIH cannot get that listing unless the minimum bid is at $4.00 when application or approval is made imo. If it doesn't then there is no merger unless NSM would waive this condition. Given that it takes 6 weeks for this process, and the merger agreement gives WMIH 90 days to do so, it is logically to assume something is going to cause the price to rise to $4.00. And per the merger agreement a reverse split cannot be done to get to the $4.00.