EFTA02510519.pdf

DataSet-11 2 pages 190 words document
👁 1 💬 0
📄 Extracted Text (190 words)
From: Hosain Rahman < Sent: Monday, February 16, 2015 9:01 PM To: Jeffrey Epstein Subject: Fwd: Mort: Exchange Offer FYI Be=in forwarded message: From:=/b> Anna Podkovyrova Date: Februa 16 2015 at 1:50:37 PM MSTTo: "Hosain Rahman " <mailto Andrew in. Cc: Will Hawtho=ne Subject: Mort: Exchange Offer Andrew,=C2* <=span> Wanted =o clearly lay out the exchange offer as it pertains to Mort. <=span> Exch=nge offer For eac= new share of Series 6 preferred purchased, Mort gets to take a share of c=mmon stock and convert it to 3.5 shares of Series 6 preferred. As you =now Series 6 has a lx liquidation preference and is senior to all other ro=nds, so this offer allows the common to move up in the stack to be the mos= senior equity and gives them a liquidation price of $39.44 a share ($11.26 x 3.5). It is a= amazing offer for shareholders that own common. <=span> See =elow — if they invest $14mm now they end up with $64mm (5.7mm shar=s x $11.26) of Series 6 Liquidation Preference: EFTA_R1_01642289 EFTA02510519 Please visit http:/=www.codeadvisors.com/disclaimer.html <http://www.codeadvisors.com/disclaimer.html> for important disclaimer informat=on regarding this communication. 2 EFTA_R1_01642290 EFTA02510520
ℹ️ Document Details
SHA-256
35262b7dc19713ed4f04424af3e5de8dfd05b04d4ebac072d2f2b96222617b06
Bates Number
EFTA02510519
Dataset
DataSet-11
Type
document
Pages
2

Community Rating

Sign in to rate this document

📋 What Is This?

Loading…
Sign in to add a description

💬 Comments 0

Sign in to join the discussion
Loading comments…
Link copied!