1. Investment Snapshot
2. Thesis
3. Valuation & Price Target
4. Business & Product Moat
5. People & Governance
6. Market & Macro
7. Financial Quality
8. Risk Register
9. Prediction Market
10. ๐ Posts
Discussion
1. Investment Snapshot
2. Thesis
3. Valuation & Price Target
4. Business & Product Moat
5. People & Governance
6. Market & Macro
7. Financial Quality
8. Risk Register
9. Prediction Market
10. ๐ Posts
Discussion
1. Investment Snapshot
2. Capital Structure
3. Valuation
Discussion
Symbol
MWH
Event Date
2026-02-11
Sector
Industrials
Subsector
Construction & Engineering
Offer Range
โ
Shares Offered
14M
Shares Outstanding Pre-IPO
115.35M
202.39M
โ
Implied Upside vs Midpoint
$00.00Description
โ
Post-IPO economic shares by class.
| Class | Shares | % Economic |
|---|---|---|
Class A common stock (listed) 1 vote per share (public trading class) | 122.16M | 60.4% |
Class B common stock 1 vote per share; held primarily by Continuing Equity Owners ยท Certain LLC Interests and pre-IPO interests are exchangeable/redeemable for Class A; offering proceeds used to acquire LLC Interests and cancel corresponding Class B shares | 80.23M | 39.6% |
| Total economic shares | 202.39M | 100% |