Mr Cooper Group Inc fka COOP

[es1]

Catz I like to try to deal with things the way they are and not what might be. Could your correct me if my assumptions are wrong. As it stands right now:

There will be 200M shares in the new com.

5% (10M) is being set aside in case the SNH want them.
If they want them they have to pay the estate for them
If they opt out the shares are divided according to the 70/30 split

The remaining shares (190M) are split 70% (133M) to the preferred
30%(57M) to the commons

the 57M common shares are being split 8.77% (4.99M) to DIMEQ
and the remaining(52M) are commons.

1.7 existing commons=52M new co shares so 32.69:1 conversion
existing PPS .05 so conversion says new co shares are worth $1.63

This is a market cap of 326M for the New co.

This seems high to me.

Could you give me your idea of the new co market cap and maybe break down how DIMEQ is being paid. It seems like the DIMEQs PPS is also saying our market cap is over 350M if I understand right.

TIA