Thoma Bravo Advantage

closedU=S+W/5W=S@11.50
TBASEC EDGARCIK: 0001832459|Thoma Bravo Advantage Sponsor LLC

Capital Structure & Economics

Trust Size$900,000,000
Unit Price$10.00
Warrant Coverage1/5
Sponsor Promote20%

Implied Equity Architecture

Capital Allocation Baseline

Trust (100.0%)

Implied Dilution Drag

20% Warrant Inclusion
Public Trust Allocation$900,000,000
Sponsor At-Risk CapitalN/A
Total Underwriting DiscountN/A
Trust Per Unit (Implied)$10.00
Sponsor Promote Allocation20%
Deal Lifecycle
IPO PricedDec 28, 2020
SearchingTarget Pending
Maturation Wall
N/A

Announced Target / M&A

  • Target CompanyironSource

Board & Officers

  • Amy Coleman RedenbaughCEO
  • Les BrunOfficer
  • Cam McMartinOfficer
  • Pierre NaudéOfficer
  • Thoma Bravo L.P.Officer
  • Leslie BrunOfficer
  • James Cameron McMartinOfficer
  • Orlando Bravo(2)
    Officer

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