VG Acquisition Corp.

closedU=S+W/3W=S@11.50
VGACSEC EDGARCIK: 0001804591|VG Acquisition Sponsor LLC

Capital Structure & Economics

Trust Size$400,000,000
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$400,000,000
Sponsor At-Risk CapitalN/A
Total Underwriting DiscountN/A
Trust Per Unit (Implied)$10.00
Sponsor Promote Allocation20%
Deal Lifecycle
IPO PricedSep 16, 2020
Target AnnouncedFeb 4, 2021
Maturation Wall
N/A

Announced Target / M&A

  • Target Company23andMe
  • Announced Deal Size$3,600,000,000
  • Announcement Date2021-02-04

Board & Officers

  • Joseph SelsavageCEO
  • Anne Wojcicki(2)
    Director
  • Josh Bayliss(3)
    Director
  • Evan Lovell(5)
    Director
  • Roelof BothaDirector
  • Patrick ChungDirector
  • Neal MohanDirector
  • Richard SchellerDirector
  • Peter TaylorDirector
  • Teresa BriggsDirector
  • James B. Lockhart IIIDirector
  • Douglas R. BrownDirector

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