Consider the same setting as problem 20, but suppose instead 80% of the shareholders redeem their shares,

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Consider the same setting as problem 20, but suppose instead 80% of the shareholders redeem their shares, and no warrants are exercised.

a. What is the amount of cash per share contributed by the SPAC in that case?

b. If the target is offered 300 million shares, what is the implied valuation of the combined company in this case?

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Fundamentals Of Corporate Finance

ISBN: 9780137852581

6th Edition

Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford

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Question Posted: Apr 08, 2024 04:00 AM

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Consider the same setting as problem 20, but suppose instead 80% of the shareholders redeem their shares,

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Fundamentals Of Corporate Finance

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