Cerberus Telecom Acquisition Corp.
closedU=S+W/3W=S@11.50
CTAC
Capital Structure & Economics
Trust Size$300,000,000
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 | $300,000,000 |
| Sponsor At-Risk Capital | N/A |
| Total Underwriting Discount | N/A |
| Trust Per Unit (Implied) | $10.00 |
| Sponsor Promote Allocation | 20% |
Deal Lifecycle
IPO PricedOct 2, 2020
Target AnnouncedMar 12, 2021
Maturation Wall
N/A
Announced Target / M&A
- Target CompanyKORE Wireless Group Inc.
- SectorInternet of Things
- Announced Deal Size$1,014,000,000
- Announcement Date2021-03-12
Board & Officers
- CEO
- Cerberus Operations and Advisory Company, LLC(2)Officer
- Cerberus Technology Solutions, LLC(2)Officer
- Director
- Director
- Jeffery L. LomaskyDirector
- Nicholas P. RobinsonDirector
- Director
- Director
- Robert D. DavenportDirector
- Director
- Director
Advanced Structuring Terms
| Target Sectors | Internet of Things |
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.