Replies to post #513389 on Mr Cooper Group Inc fka COOP

[Juschilln]

WOW! Where have you been??

[Large Green]

cura asada, wow, is this saying what I think it is saying. In other words investors who signed timely realeases and have Escrow ShareMarkers in their accounts are the same owners as coined in this filing as Eclipse

—————————————————-


Wand Merger Corporation (“Buyer”), a newly formed shell entity which is an affiliate of WMIH Corp. (“WMIH”), intends to acquire, directly or indirectly, all of the outstanding equity interests of the entity previously identified to us by you as “Eclipse” (the “Company”) from the equity holders of the Company.

[johnheps]

cura asada, where did you get this info from and what does it mean? Thanks.

[Dmdmd2020]

Thanks cura!

Here's the link for the Eclipse letter from KKR to WMIH:

https://backend.otcmarkets.com/otcapi/company/sec-filings/12555007/content/html#D539539DEX104_HTM



Starting on PDF page 196/217

[austin01]

Finally, it looks like something productive could be in the works for escrows.

[Countyroads]

"Eclipse"......what an appropriate name
blocking the sunlight

[jerrylev]

>>> b) The sum of (1) the product of (i) the number of outstanding common equity shares issued by WMIH prior to giving effect to the Acquisition, (ii) the exchange ratio for such shares set forth in the Acquisition Agreement and (iii) the value of such common equity interests (it being understood and agreed that the value of each such share shall be deemed to be the price set forth in the Acquisition Agreement regardless of the actual trading price of such share) and (2) the value of the common equity interests in WMIH issued to the equityholders of the Company (it being understood and agreed that the aggregate value pursuant to this clause


This should put to rest to the idea that WMIH will print more shares to distribute to escrow markers.