"... I have already posted my own opinions' on what is coming ... the *Mr Cooper Group is taking over as the parent corporation' ... a new shelf registration and structured dividend releases are coming, along with a share allocation adjusment, fixing the company's injected dilution ... oldco & newco
WMI is alive and well. ..more than likely there will be a private placement for those who signed timely releases and if one wants to sell, WMI will be the only entity that can/will purchase an investors holdings.
One needs to understand a Reverse Triangular Merger. So one needs to also understand what COULD happen. WMI will be the so-called, TELL...all in my view!
Thanks AZ you are not obligated at all to share your DD with us but you do! I’m still worried about what really happened on 12/31/2019! But the stars are aligning! We’ll know soon.
Semper Fi Okinawa where my Dad served on an aircraft carrier and my Uncle fought for in 1945. And I was stationed there for a year! Oh Rah
Since these filings seem to be showing the start of something, I realize it is pure speculation, but what is your best guess as to the timeframe of the additional movements for escrow to receive “a structured dividend release”?
Thanks AZ. Here’s hoping for exciting “dividend time”. That word by itself sounds interesting. So you feel one for newco and one for oldco, i.e legacy WMI ? Both cash ? TIA
It is not a Mr Cooper Group "event" thing, it's an Institutional Holder's 'end of year' "event" thing. They are required to disclose their holdings. You should know this.
Schedule 13G - "Institutional Investors must file within 45 days of the end of the year in which they finish above 5%, or within 10 days of first finishing a month above 10% if the initial filing has not yet been completed".
"As of October 10, 2018, Mr. Cooper Group Inc. is the new name of WMIH Corp. On July 31, 2018, WMIH, now Mr. Cooper Group, became the parent company of the Nationstar Mortgage Holdings Inc. family including Mr. Cooper (Nationstar Mortgage LLC, d/b/a Mr. Cooper) and Xome."