Supernova Partners Acquisition Company, Inc.
closedW=S@11.50
OPAD
Capital Structure & Economics
Trust Size$300,000,000
Unit Price$10.00
Warrant Coverage-
Sponsor Promote20%
Implied Equity Architecture
Capital Allocation Baseline
Trust (100.0%)
Implied Dilution Drag
No Warrants / No Drag| 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 PricedSep 25, 2020
Target AnnouncedMar 17, 2021
Maturation Wall
N/A
Announced Target / M&A
- Target CompanyOfferpad, Inc.
- SectorResidential Real Estate
- Announcement Date2021-03-17
Board & Officers
- Brian BairCEO
- Officer
- Officer
- Officer
- Officer
- Donna CorleyDirector
- Kenneth DeGiorgioDirector
- Tela MathiasDirector
- Director
- Roberto SellaDirector
- Director
- Director
- Director
- Director
- Damien Hooper-CampbellDirector
Advanced Structuring Terms
| Target Sectors | Residential Real Estate |
Syndicate & Advisors
- LEAD
- LEAD
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.