Sentences with phrase «forma equity base»

The combined company will have a $ 5B pro forma equity base, which will allow Two Harbors to benefit from additional capital, supporting continued growth in target assets.

Not exact matches

The pro forma stockholders» equity presents our stockholders» equity as though all of the convertible preferred stock outstanding automatically converted into shares of common stock on a 1 for 1 basis, except for the Series C convertible preferred stock which is convertible on a 1 for 1.05 basis (see Note 6), upon completion of a qualifying initial public offering.

On a pro forma basis, following the merger, former MAA equity holders will hold approximately 56 percent of the combined company's equity, and former Colonial Properties Trust equity holders will hold approximately 44 percent.