Tuesday, December 10, 2013 1:10:43 PM
AAMRQ 394.2 million fully diluted outstanding shares
AAMRQ debt with VWAP discount (5.655 claims / 0.965 discount) = $5860 million
AAMRQ debt $5.860 Billion claims + 1.817 billion owed union = $7677 million
AAL 756 million outstanding shares
source sec 8k filing
AMR stakeholders get 72% of the new company
Source BK dockets
Subtract out the 3.5% initial and AMR stakeholders get 68.5% at the distribution periods.
[(AAL * 756 million * 68.5% ) – 7677 million ]/394.2 million
Simplified
(AAL * 1.314) – 19.47 = AAMRQ value
(25 * 1.314) – 19.47 = $13.38
To calculate shares
([(AAL * 1.314) – 19.47] / AAL) * number of AAMRQ shares = AAL shares
So if you have 1000 shares and the stock stay at $25 for the 120 day distribution period.
Initial distribution 3.5% of the common goes to AAMRQ stockholders
1000 * [(756 million * 3.5%) / 394.2] = 67 AAL shares
Then for the next 4 distributions at 30,60,90 and 120 days
For each distribution 1000 / 4 = 250 AAMRQ shares
@30 ([(25 * 1.314) – 19.47] / 25) * 250 AAMRQ shares = 134 AAL shares
@60 ([(25 * 1.314) – 19.47] / 25) * 250 AAMRQ shares = 134 AAL shares
@90 ([(25 * 1.314) – 19.47] / 25) * 250 AAMRQ shares = 134 AAL shares
@120 ([(25 * 1.314) – 19.47] / 25) * 250 AAMRQ shares = 134 AAL shares
If AAL stays at $25 and you had 1000 AAMRQ shares at the end of 120 days you should have 603 AAL shares
IMO..JML
Recent AAL News
- REGISTRATION OPENS SOON FOR AIRLINE DISTRIBUTION® 2025 • PR Newswire (US) • 09/17/2024 12:00:00 PM
- The Gross Law Firm Notifies Shareholders of American Airlines Group Inc.(AAL) of a Class Action Lawsuit and an Upcoming Deadline • PR Newswire (US) • 09/16/2024 09:45:00 AM
- OpenAI Unveils Strawberry AI Model Series; Boeing Stock Falls 4% Amid Strike; HR Surges 20% on Growth Forecast • IH Market News • 09/13/2024 10:12:55 AM
- The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of September 16, 2024 in American Airlines Lawsuit - AAL • PR Newswire (US) • 09/12/2024 09:45:00 AM
- Klarna partners with UATP to tap the $1 trillion air travel industry • PR Newswire (US) • 09/10/2024 12:00:00 PM
- American Airlines Group Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm for More Information - AAL • PR Newswire (US) • 09/09/2024 02:30:00 PM
- Dell, Palantir, and Erie Will Be Added to the S&P 500; Boeing Avoids Strike; Apple Event Takes Place Today • IH Market News • 09/09/2024 10:05:35 AM
- Palantir Technologies, Dell Technologies, and Erie Indemnity Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600 • PR Newswire (US) • 09/06/2024 10:43:00 PM
- Broadcom Down 10% Post-Earnings, UiPath Up 8%; Qualcomm Eyes Intel Assets; Salesforce Acquires Own Company • IH Market News • 09/06/2024 11:59:00 AM
- American Airlines Group Inc. Class Action: The Gross Law Firm Reminds American Airlines Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of September 16, 2024 - AAL • PR Newswire (US) • 09/05/2024 09:45:00 AM
- The Gross Law Firm Notifies American Airlines Group Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - AAL • PR Newswire (US) • 08/29/2024 09:55:00 AM
- W2 by GO7 joins the UATP Network as its Newest Issuer • PR Newswire (US) • 08/27/2024 12:00:00 PM
- American Airlines Group Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm for More Information - AAL • PR Newswire (US) • 08/26/2024 09:45:00 AM
- American Airlines Group Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm Before September 16, 2024 to Discuss Your Rights - AAL • PR Newswire (US) • 08/22/2024 09:45:00 AM
- Moore Law PLLC Encourages Investors in American Airlines Group Inc. to Contact Law Firm • PR Newswire (US) • 08/20/2024 12:03:00 AM
- American Airlines Group Inc. Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before September 16, 2024 to Discuss Your Rights - AAL • PR Newswire (US) • 08/19/2024 09:45:00 AM
- American Airlines and Stand Up To Cancer (SU2C) campaign takes off to accelerate funding for cancer research • PR Newswire (US) • 08/15/2024 02:00:00 PM
- American Airlines Group Inc. Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before September 16, 2024 to Discuss Your Rights - AAL • PR Newswire (US) • 08/15/2024 09:45:00 AM
- Wego Joins UATP Network, Enhancing Supplier Relationships in MENA Region • PR Newswire (US) • 08/13/2024 12:00:00 PM
- September 16, 2024 Deadline: Contact The Gross Law Firm to Join Class Action Suit Against AAL • PR Newswire (US) • 08/08/2024 09:45:00 AM
- Investors who lost money on American Airlines Group Inc.(AAL) should contact The Gross Law Firm about pending Class Action - AAL • PR Newswire (US) • 08/05/2024 09:45:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/01/2024 08:49:59 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 08/01/2024 08:48:06 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/31/2024 08:30:22 PM
- American Airlines Names Howard Ungerleider to its Board of Directors • GlobeNewswire Inc. • 07/31/2024 08:30:00 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM