~ UPDATED: Now ?, Take The Time To Read the *Mr Cooper Groups", SEC Filings & Understand KKR's Role (or not) ~
... BUT STOP with the word twisting and Hogwash', ... KKR was not part of Plan 7, (I never said that)... however ... KKR's A' and B preferred series have now all converted to just exactly what a releasing class 22 wamuq participant received ... common shares in WMIH Corp.
... only the original WMI commons converted ... the WMI preferreds were kept separated' ... (those WMI-LT distributions ratios' just confused people, everything has always been 100% class specific)
Again, ... Currently, All Of the *Mr Cooper Group ... symbol "COOP" ... are now currently all 100% common shares ... subsequently, ... First, I'll refer to the 12/31/2019 conversion of the last of the two original KKR "A" preferred series into common shares as reported within the Form 3' and the SC 13D/A ... quote ... "The Series A Convertible Preferred Stock is immediately convertible." ... end quote ...
Then while I'm sequencing the *Mr Cooper Groups most recent SEC Filing, ... the 10-Q Filed on 11/01/2019 for period ending as of 09/30/2019 ... quote' ... "The Series A Preferred Stock is considered participating securities because it has dividend rights determined on an as-converted basis in the event of Company's declaration of a dividend or distribution for common shares." ... end quote'
... This final conversion of KKR's LAST "A" Preferred, is a big deal ...
AZ
Market Data 
Markets 
AI
