GHL Acquisition Corp.
closedW=S@7.50
IRDM
Capital Structure & Economics
Trust Size$393,600,000
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 | $393,600,000 |
| Sponsor At-Risk Capital | N/A |
| Total Underwriting Discount | N/A |
| Trust Per Unit (Implied) | $10.00 |
| Sponsor Promote Allocation | 20% |
Deal Lifecycle
IPO PricedNov 30, 2007
Target AnnouncedSep 22, 2008
Maturation Wall
Jan 1, 2009
Announced Target / M&A
- Target CompanyIridium Holdings LLC
- Announcement Date2008-09-22
Board & Officers
- Matthew J. DeschCEO
- Scott L. BokOfficer
- Robert H. NiehausOfficer
- John D. LiuOfficer
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.