Replies to post #510008 on Mr Cooper Group Inc (COOP)

[JusticeWillWin]

We are directly involved in Wand Merger Corporation. It was created by WMIH for the purpose of the merger ("Merger Sub"). It is a 100% sub of WMIH. Wand Merger merges into Nationstar, with Nationstar being the surviving entity. After that, Wand Merger ceases to exist, and the merged entity is also a 100% sub of WMIH. This is called "Reverse Triangular Merger"

https://www.investopedia.com/terms/r/rtm.asp

From the 8-K: https://www.sec.gov/Archives/edgar/data/933136/000119312518045940/d539539d8k.htm

The Merger Agreement provides that, upon the terms and subject to the satisfaction or waiver of the conditions set forth therein, Merger Sub will merge with and into Nationstar (the “Merger”), with Nationstar continuing as the surviving corporation and a wholly-owned subsidiary of WMIH.

Your post:

To any one who can give me clarification.

The merger will be done between two Sub's: From WMIH it will be Wand merger, from NMS it will be Nationstar Holding.We are not directly involve in Wand merger. Only KKR and WMIH. Wand Merger is now Getting 2.8 Billions from various Banks to get this merger done.

What will be the value of this future entity after the merger?

How this will affect the WMIH PPS.

Nobody will let investors bye actions at the actual price knowing that it will jump over 4$ in few months. they will block it for sure.

Is it possible that they move Wand merger at NASDAC?

regards

[StillHoping]

We are involved. We will be voting to approve the merger and the only symbol under which stock will trade is WMIH.