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Financial Fundamentals
Stock Symbol: UNCL
Exchange: NASDAQ Global Market
MRU Holdings Share Count as of June 30, 2007
| Common stock |
25,714,393 |
| Convertible preferred |
8,257,575 |
| Primary |
33,971,968 |
| Warrants Outstanding |
6,555,292 |
| Options Outstanding |
4,954,814 |
| Fully Diluted |
45,482,074 |
Securitization
$200 Million securitization closed in June 2007
June 26, 2007 - MRU Holdings, Inc. Announces Pricing of $200 Million Securitization of Private Student Loan Portfolio
Jun 29, 2007 - MRU Holdings, Inc. Announces Closing of $200 Million Securitization of Private Student Loan Portfolio
July 9, 2007 - MRU Holdings, Inc. Announces Economics on $200 Million Securitization of Private Student Loan Portfolio
| Loans originated
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| $ in millions |
Fiscal 2006 |
Fiscal 2007 |
1Q Fiscal 2008 |
Since Inception of the company(1) |
| Prime |
$38.7 |
$102.8 |
$72.5 |
$214.3 |
| PrePrime |
$0.2 |
$43.3 |
$34.0 |
$77.5 |
| Federal |
-- |
$8.3 |
$23.4 |
$31.7 |
| Total |
$38.9 |
$154.4 |
$129.9 |
$323.5 |
Originations increased 297% in Fiscal Year 2007 compared to Fiscal Year 2006
(1) As of Sept 30, 2007
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