Andina Acquisition Corp. II

closedU=S+0.14W

Capital Structure & Economics

Trust Size$40,000,000
Unit Price$10.00
Warrant Coverage0.14
Sponsor Promote20%

Implied Equity Architecture

Capital Allocation Baseline

Trust (100.0%)

Implied Dilution Drag

14% Warrant Inclusion
Public Trust Allocation$40,000,000
Sponsor At-Risk CapitalN/A
Total Underwriting DiscountN/A
Trust Per Unit (Implied)$10.00
Sponsor Promote Allocation20%
Deal Lifecycle
IPO PricedSep 18, 2015
Target AnnouncedOct 27, 2017
Maturation Wall
N/A

Announced Target / M&A

  • Target CompanyLazydays
  • Announcement Date2017-10-27

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.