Mr Cooper Group Inc fka COOP

[FredMiller]

So based on the 8k below I assume Mr.Cooper is still alive

I'm trying to understand why WOULD or HOW could COOP survive

IF it traded its self for 705,000,000 shares of rkt shares

So here is my thinking

IF Mr.Cooper was worth 705,000,000 rkt shares then that would mean no more Mr.Cooper

Infact it wouldn't be a Merger at all it would be a purchase/ACQUISITION

anyone getting my drift here?

So since it's not a ACQUISITION then that means there is something left over in the valuation of Mr.Cooper

Which would explain the PROTECTION of the Maverick Merger into MR.Cooper as Mr.Cooper SURVIVING and then another PROTECTION Merger of MR.Cooper merging into "Forward Merger"

Which we all know MR.Cooper is the surviver of the "Forward Merger"

Boarddork put this thought in my head and I too think it's a nifty way to have surviving assets exists within rkt waiting to disburse billions and billions of common and preferred shares to legacy shareholders who signed timely releases

Now if you look at it standing back a few feet you gotta ask yourself what is the purpose of MR.Cooper hidden out within Rocket companies Inc?


I can't see the purpose of Mr.Cooper STILL existing if it was traded for 705,000,000 rkt shares

That alone should have been the end of Mr.Cooper

Imo MR.COOPER is still holding onto assets (lower case a) and will continue to do so while legacy shareholders receive rkt shares as the assets are monetized

It's just another eclipse

GLTA

From the 8K issued to the SEC:

Maverick Merger Sub merged with and into Mr. Cooper (the “Maverick Merger”), with Mr. Cooper surviving the Maverick Merger and continuing as a direct, wholly owned subsidiary of the Company and immediately following such Maverick Merger, Mr. Cooper merged with and into Forward Merger Sub, with Forward Merger Sub surviving such forward merger and continuing as a direct, wholly owned subsidiary of the Company (the “Forward Merger” and together with the Maverick Merger, the “Mergers”).