InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,431.60
(
-0.04%
)
US TECH 100
19,180.80
(
0.07%
)
Dow Jones
38,589.16
(
-0.15%
)
Brent Oil
82.17
(
0.05%
)
Bitcoin
65,793.47
(
-1.27%
)
Post# of 96904
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

AllinFun

Send PM Follow Ignore
Followers 56
Posts 4355
Boards Moderated 0
Alias Born 04/06/2017

AllinFun

Re: jesuslovzu post# 87712

Monday, 05/31/2021 12:40:47 PM

Monday, May 31, 2021 12:40:47 PM

Post# of 96904
From what I remember I understood of the waterfall it was to be no less than 5x loaned amount or 25% of the total number in the end. I don’t know where you get the capped at $25 million number. I figured if Bentham loaned out 5-10 million then they at least walk away with $25-50 million regardless if UOIP acquired as little as $100 million at the end. Maybe I’m mistaken.
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up