Gaming & Hospitality Acquisition Corp.

announcedU=S+W/3W=S@11.50
GHACSEC EDGARCIK: 0001806156|Affinity Gaming Holdings, L.L.C.•Gaming and Hospitality

Capital Structure & Economics

Trust Size$150,000,000
Unit Price$10.00
Warrant Coverage1/3
Sponsor Promote20%

Implied Equity Architecture

Capital Allocation Baseline

Trust (100.0%)

Implied Dilution Drag

33% Warrant Inclusion
Public Trust Allocation$150,000,000
Sponsor At-Risk CapitalN/A
Total Underwriting DiscountN/A
Trust Per Unit (Implied)$10.00
Sponsor Promote Allocation20%
Deal Lifecycle
IPO PricedJan 15, 2021
SearchingTarget Pending
Maturation Wall
N/A

Announced Target / M&A

  • Target CompanyAffinity Gaming
  • SectorGaming and Hospitality

Board & Officers

  • Mary Elizabeth HigginsCEO
  • Affinity GamingOfficer
  • Z Capital Group, L.L.C.Officer

Advanced Structuring Terms

Target SectorsGaming and Hospitality

Syndicate & Advisors

  • Deutsche BankLEAD

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