Question: 10. (TEXT9.2) Suppose that EBV decides to consider six possible structures for the Series A stock. Structure I: The original structure considered in Exercise 8.2.6M
10. (TEXT9.2) Suppose that EBV decides to consider six possible structures for the Series A stock. Structure I: The original structure considered in Exercise 8.2.6M shares of CP. Structure II: 6M shares of common. Structure III: RP +6M shares of common. Structure IV: PCP with participation as-if 6M shares of common Structure V: PCPC with participation as -if 6M shares of common, with liquidation return capped at 5 times OPP. Structure VI: RP (\$4M APP) + 5M shares of CP (\$2M APP) Structures IV and V have mandatory conversion upon a QPO, where a QPO is any offering of at least $5 per common share and $15M of proceeds. For the purpose of solving this problem, assume that any exit above $5 per share will qualify as a QPO (1.e., acquisitions for at least $5 per common share would also be considered to be QPOs). Draw an exit diagram for each structure
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