Lindblad Expeditions Holdings, Inc.
liquidatedU=S+W/2W=S@11.50
LIND
Capital Structure & Economics
Trust Size$150,000,000
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 | $150,000,000 |
| Sponsor At-Risk Capital | N/A |
| Total Underwriting Discount | N/A |
| Trust Per Unit (Implied) | $10.00 |
| Sponsor Promote Allocation | 20% |
Deal Lifecycle
IPO PricedFeb 15, 2011
Target AnnouncedMar 9, 2015
Maturation Wall
N/A
Announced Target / M&A
- Target CompanyLindblad Expeditions, Inc.
- SectorExpedition cruising and adventure travel
- Announced Deal Size$330,000,000
- Announcement Date2015-03-09
Board & Officers
- Natalya LeahyCEO
- Officer
- Officer
- Officer
- Officer
- Officer
- John M. FaheyDirector
- Paul J. BrownDirector
- Sven-Olof LindbladDirector
Advanced Structuring Terms
| Target Sectors | Expedition cruising and adventure travel |
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.