Mr Cooper Group Inc fka COOP

[hotmeat]

The quantity of those undistributed shares left is determined by AAOC's election to receive Newco shares and/or RON's.


Quote: "then each of AAOC, severally and not jointly, will be deemed to have made Reorganized Common Stock Elections to receive such holder’s Pro Rata Share of the Common Stock Allotment (i.e., Ten Million (10,000,000) shares of Reorganized Common Stock, representing five percent (5%) of the issued and outstanding Reorganized Common Stock as of the Effective Date) in lieu of (i) Runoff Notes (based upon an allocation developed in their sole and absolute discretion) that they would otherwise receive on the Effective Date in their capacity as a holder of Allowed PIERS Claims,"