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>> No.58621357 [View]
File: 172 KB, 1580x1227, 2024-05-20 15_01_10-Reverse Merger Process Explained.png [View same] [iqdb] [saucenao] [google]
58621357

How would Gamestop pay for said merger? When Pulte says there will be one more dilution he is correct but that one will be the one which contains the shares which get swapped over when the price runs after Cohen buys more and the DFV exercises

>> No.58499812 [View]
File: 172 KB, 1580x1227, 2024-05-20 15_01_10-Reverse Merger Process Explained.png [View same] [iqdb] [saucenao] [google]
58499812

A mixed shelf offering is exactly what would be used in a mixed consideration offering in a reverse triangular merger to create a new public entity with a Subsidiary company

>> No.58499735 [View]
File: 172 KB, 1580x1227, 2024-05-20 15_01_10-Reverse Merger Process Explained.png [View same] [iqdb] [saucenao] [google]
58499735

So the way I think this works

>GME issues 45m shares to Teddy in a reverse 45m shares to teddy would be a majority position as Cohen who has 36m shares would no longer be the majority.
>They needed retail to be a certain % of holders for this to work due to the "dilution".
>Teddy now owns GME in a straight share conversion
>Teddy reverse merges with thr former DK-Butterdly company to become public in thr deal
>Cohen / RC ventures / Dragonfly now owns Teddy which IPO's
>Shorts must close on open

It is a mixed consideration reverse triangular merger. Teddy doesn't even need GME after but if it all becomes Teddy instead of parent company that would be an even bigger mega merger kill shot.

It may just be the plan

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