Oct. 6 at 7:05 PM
$WOLF Sept low SP trading before bk exit is around
$1.16 with 160M shares gives
$185M MC...
soooo implied value pre bk is
$3.8B as shareholder equity pre bk is 3 to 5%.
$3.8B - 95% = 0.19 ..
$190M
Today trading
$25 with 25.8M shares so MC is
$645M
bit of gap between 100% share holder equity as today post BK at
$3.8B valuation and
$190M pre bk when shareholders were gonna get wiped out virtually leaving them with 3 to 5 % of the new shares and company with the creditors / bond holders getting the lions share (95%)
post BK Wolf reduced debt by 70% so remaining debt around
$1.96B.
$6.54B in debtJune 2025 minus
$6.54B x 0.7 so
$4.58 billion debt cancellation in exchange for new WOLF stock post BK.#
maturities strectched to 2030 or remaining debt.
new ceo / board, new era AI EV energy markets for 200mm SIC with
$5B Siler City plant nealy finished (reduced capex) but no expansion but wait a min what about that chips act
$750M for expansion (lets see how long it takes to pump on renewed chips news)