Hydra Industries Acquisition Corp.
liquidatedU=S+W/2W=S@11.50
INSE
Capital Structure & Economics
Trust Size$100,000,000
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 | $100,000,000 |
| Sponsor At-Risk Capital | N/A |
| Total Underwriting Discount | N/A |
| Trust Per Unit (Implied) | $10.00 |
| Sponsor Promote Allocation | 20% |
Deal Lifecycle
IPO PricedAug 19, 2014
Target AnnouncedJul 13, 2016
Maturation Wall
N/A
Announced Target / M&A
- Target CompanyInspired Gaming Group
- SectorGaming Technology
- Announced Deal Size$200,000,000
- Announcement Date2016-07-13
Board & Officers
- Brooks H. PierceCEO
- MIHI LLC(4)Officer
- Officer
- Martin E. SchlossOfficer
- Director
- Director
- Director
Advanced Structuring Terms
| Target Sectors | Gaming Technology |
Syndicate & Advisors
- LEAD
- LEAD
- AUDITOR
- Kramer Levin Naftalis & Frankel LLPCOUNSEL ISSUER
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.