CM Life Sciences III Inc.
closedU=S+W/5W=S@11.50
EQRX
Capital Structure & Economics
Trust Size$400,000,000
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 | $400,000,000 |
| Sponsor At-Risk Capital | N/A |
| Total Underwriting Discount | N/A |
| Trust Per Unit (Implied) | $10.00 |
| Sponsor Promote Allocation | 20% |
Deal Lifecycle
IPO PricedFeb 25, 2021
Target AnnouncedJul 31, 2023
Maturation Wall
Jan 1, 2021
Announced Target / M&A
- Target CompanyEQRx, Inc.
- Announced Deal Size$3,650,000,000
- Announcement Date2023-07-31
Board & Officers
- Melanie NallicheriCEO
- C-LSH III LLCOfficer
- M-LSH III LLCOfficer
- Officer
- Officer
- Director
- Director
- Director
- Director
- Director
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.