EFTA02510519.pdf
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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.
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EFTA_R1_01642290
EFTA02510520
ℹ️ Document Details
SHA-256
35262b7dc19713ed4f04424af3e5de8dfd05b04d4ebac072d2f2b96222617b06
Bates Number
EFTA02510519
Dataset
DataSet-11
Type
document
Pages
2
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