Mr Cooper Group Inc (COOP)

[ron_66271]

Yes, One for One


What changed from S-4 to S-4/a? IMO
https://ih.advfn.com/p.php?pid=nmona&article=77471509

"416,012,872 shares of WMIH common stock"
became;
"416,300,000 shares of WMIH common stock"

"Nationstar stockholders must approve the merger proposal in order for the merger with Wand Merger Corporation to occur after which Nationstar will be a wholly owned subsidiary of WMIH. As a result of the voting agreement entered into between WMIH and FIF HE Holdings LLC, the shares subject to the voting agreement are sufficient to satisfy the majority approval requirement to approve the merger and the other transactions contemplated by the merger agreement, and the merger agreement is therefore expected to be adopted by the holders of Nationstar common stock. The merger proposal is not conditioned on the merger-related compensation proposal. The joint proxy statement/prospectus accompanying this notice explains the merger agreement and the transactions contemplated thereby, as well as the proposals to be considered at the Nationstar special meeting. Please review the joint proxy statement/prospectus carefully."

Hence; The Deal is Done.


IMO
NSM Math Scenario;
You will only receive about 2/3 Cash and 1/3 in Cash. Please see response to this post.

Let's say you have 150 NSM shares;
You will see $18.00 * 100 = $180.00
and 50 NSM at 12.7793 = 638.965 or
+ 638 WMIH shares and the fraction remainder .965 in cash.
+ .965 * $18.00 = $17.37 in cash.

There was two WM BK filings, WMI and WMIIC.
We have only been compensated for WMI's BK which resolved at 75/25 for Preferred/Commons in WMIH new shares.

Now, Dollar for Dollar Scenario for WMIIC value in WMIH shares to be compensated for WMIIC.

The WMIIC value is in intrinsic into the new WMIH shares at One for One to old UQ's.
Same One for One for P"s and TPS, as the K's will be redeemed.


HLCE,
Ron