Jul. 2 at 7:10 PM
$XBP $XELA $WLCOU
Wilco 63 Corporation already raised
$230M, upsized from
$200M, with the money locked in trust. We know a few names from filings: MMCAP/MM Asset disclosed 1.5M shares/6.5%, and Sculptor Capital disclosed 1.193M units/5.19%.
But who funded the bulk? Who is backing the sponsor-side machine? And where did HGM/Par Chadha’s side of the structure get its capital?
WLCO is already warning Substantial Doubt about the Company’s Ability to Continue as a Going Concern. Signed by Matt Brown | Chief Executive Officer, Chief Financial Officer, Chief Accounting Officer, Co-Chairman
https://www.sec.gov/Archives/edgar/data/2101470/000121390026072679/ea0295644-8k_wilco.htm
Is the playbook already written? Same tactics, new shell?