My search partner and I are seeking companies in the $1-2m EV range, a $8M EV management company fell into our lap and we're in the final stages of negotiating an LOI. Current structure is $8M PP, $2.4M Note @ 8.5 %, $5.6 C@C with $800K down or $4.8M debt. Feedback so far is personal post-close liquidity is an issue as we are raising some investor funds. Our combined liquidity falls far under 10 %. Is this a doable deal for anyone? We are fine passing if is not.