Software Acquisition Group Inc. III

announcedU=S+W/3W=S@230.00
NOGNSEC EDGARCIK: 0001841800|Software Acquisition Holdings III LLC

Capital Structure & Economics

Trust Size$200,000,000
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$200,000,000
Sponsor At-Risk CapitalN/A
Total Underwriting DiscountN/A
Trust Per Unit (Implied)$10.00
Sponsor Promote Allocation20%
Deal Lifecycle
IPO PricedFeb 18, 2021
SearchingTarget Pending
Maturation Wall
N/A

Announced Target / M&A

  • Target CompanyNogin
  • Announced Deal Size$566,000,000

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