Silver Spike Acquisition Corp.

announcedU=S+W/2W=S@11.50
MAPSSEC EDGARCIK: 0001779474|Silver Spike Sponsor, LLC•Cannabis

Capital Structure & Economics

Trust Size$250,000,000
Unit Price$17.04
Warrant Coverage1/2
Sponsor Promote20%

Implied Equity Architecture

Capital Allocation Baseline

Trust (100.0%)

Implied Dilution Drag

50% Warrant Inclusion
Public Trust Allocation$250,000,000
Sponsor At-Risk CapitalN/A
Total Underwriting DiscountN/A
Trust Per Unit (Implied)$17.04
Sponsor Promote Allocation20%
Deal Lifecycle
IPO PricedJul 19, 2019
Target AnnouncedDec 10, 2020
Maturation Wall
N/A

Announced Target / M&A

  • Target CompanyWMH
  • SectorCannabis
  • Announced Deal Size$1,310,000,000
  • Announcement Date2020-12-10

Board & Officers

  • Douglas FrancisCEO
  • Christopher BealsDirector
  • Tony Aquila(2)
    Director
  • Brenda FreemanDirector
  • Olga GonzalezDirector
  • Scott Gordon(2)
    Director
  • Justin HartfieldDirector
  • Fiona TanDirector
  • William HealyDirector
  • Greg GentileDirector
  • Mohammed GrimehDirector

Advanced Structuring Terms

Target SectorsCannabis

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