Mr Cooper Group Inc (COOP)

[niceseashell]

Yes, I realized after I posted and corrected in my next post

NSM gets around 500 Million (all the figures very approximate) because they said $700.00 Million dollars are converting.

Series B are getting 500 Million shares because their investment is getting converted into commons

Wmih started with 200 Million shares.

All I said in the post is when new merger company starts to trade in Nasdaq, the new company have to release more news.

200 Million are trading around $1.41 and new 1.2 Billion shares are also going to be traded $1.41 according to their words.

When it comes to percentage 36% is going to NSM and Series B are 43% and rest 21% left. I am not sure which shares they are going to arrange into this percentages.



Their press release:



common stock in accordance with the terms of the Series B Stock. Finally, upon closing of the
transaction, holders of the Series B Stock also will receive a special distribution of approximately 11
million shares of common stock. As a result, upon consummating the transaction, and on a pro forma
basis, holders of the Series B Stock will be expected to own approximately 477 million shares of common
stock or approximately 43% of the combined company.
Roadmap to Completion