There are multiple pricing options for DIMEQ
Equity Escrow, shall be determined by dividing the amount of the Claim by the per share price of WMI
common stock as of either (a) the Petition Date, as if the Trigger Event, as defined in the Dime Warrant
Litigation, had not occurred, (b) the close of business on the day immediately preceding the Petition Date,
(c) December 12, 2011, as if the Trigger Event had not occurred, (d) the Petition Date, as if the Trigger
Event had occurred, (e) December 12, 2011, as if the Trigger Event had occurred, or (f) such other date as
determined by the Bankruptcy Court.
Pricing options
a) Petition Date Price ( No trigger event) Don't know price???
b) Day before = $1.69
c) $.07
d) Petition Date (Trigger event occurred) Don't know price???
e) December 12,2011 (Trigger event occurred) Don't know price???
half-full, I agree with your calculations using c)= $.07 and b) $1.69 can be calculated. The other options need more work.
What is the value of the trigger event?
