Hostess Brands, Inc.

announcedU=S+W/2W=S@11.50
0001644406SEC EDGARCIK: 0001644406|Gores Sponsor LLC

Capital Structure & Economics

Trust Size$350,000,000
Unit Price$10.00
Warrant Coverage1/2
Sponsor Promote20%

Implied Equity Architecture

Capital Allocation Baseline

Trust (100.0%)

Implied Dilution Drag

50% Warrant Inclusion
Public Trust Allocation$350,000,000
Sponsor At-Risk CapitalN/A
Total Underwriting DiscountN/A
Trust Per Unit (Implied)$10.00
Sponsor Promote Allocation20%
Deal Lifecycle
IPO PricedJul 17, 2015
Target AnnouncedJul 5, 2016
Maturation Wall
N/A

Announced Target / M&A

  • Target CompanyHostess Holdings
  • Announced Deal Size$2,300,000,000
  • Announcement Date2016-07-05

Board & Officers

Syndicate & Advisors

Interactive Deal Modeling

Base financial constraints (Trust Size, Warrants, Promote) are pre-loaded into the calculation engines. Proceed to model implied dilution and advisory friction limits.

Dilution Cash Friction