BowX Acquisition Corp.

announcedU=S+W/3W=S@11.50
BOWXSEC EDGARCIK: 0001813756|BowX Sponsor, LLC•Flexible Workspace Provider

Capital Structure & Economics

Trust Size$333,000,000
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$333,000,000
Sponsor At-Risk CapitalN/A
Total Underwriting DiscountN/A
Trust Per Unit (Implied)$10.00
Sponsor Promote Allocation20%
Deal Lifecycle
IPO PricedJul 17, 2020
SearchingTarget Pending
Maturation Wall
N/A

Announced Target / M&A

  • Target CompanyWeWork
  • SectorFlexible Workspace Provider
  • Announced Deal Size$8,800,000,000

Board & Officers

Advanced Structuring Terms

Target SectorsFlexible Workspace Provider

Syndicate & Advisors

  • UBS Securities LLC
    LEAD
  • BowX Sponsor, LLCSUBSCRIPTION AGENT
  • DTZ Worldwide LimitedPIPE PLACEMENT AGENT
  • Cushman & Wakefield U.S., Inc.PIPE PLACEMENT AGENT

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