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  "documentTitle": "Ready Capital | Mergers and Acquisitions Presentation Deck | 22 slides",
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      "text": "BRMK shareholders will receive stock consideration based on a fixed exchange ratio of 0.47233",
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      "text": "Following consummation of the merger, Ready Capital's current external manager, Waterfall Asset Management, LLC (\"Waterfall\"), will continue to serve as the external manager of the pro-forma entity",
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      "text": "Implied consideration of approximately $787 million paid to BRMK shareholders, or 63 million shares based on financials as of December 31, 2022",
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