Mr Cooper Group Inc (COOP)

[Civil War General]

Who holds the Commons?
Do these Investors get paid?
$7.2 billion capital infusion (the “Capital
Raise”) by several institutional investors (the “Institutional Investors”) including TPG Capital L.P. (the
“TPG Investors”). Pursuant to this transaction, WMI issued 822,857 shares of common stock and 19,928
shares of newly authorized Series T Contingent Convertible Perpetual Non-Cumulative Preferred Stock to
the TPG Investors and 175,500,000 shares of common stock and 36,642 shares of newly authorized Series S Contingent Convertible Perpetual Non-Cumulative Preferred Stock to the Institutional Investors, other than the TPG Investors, at $8.75 per share. Both series of preferred stock were convertible into common stock of WMI and were subsequently converted into WMI common stock prior to the Petition Date.
Upon conversion, the TPG Investors received 227.5 million shares of WMI common stock; the other Institutional Investors received 418.8 million shares of WMI common stock.

1,704,958,913 shares on Sept 26
50% = 852,479,456

227,500,000 TPG
822,857 TPG
418,800,000 other Institutional Investors
175,500,000 other Institutional Investors
822,622,857 total
There is close to 50% of the commons with these parties