ChatGPT helped craft a negotiation response for a $12 million deal: $4 million cash at closing, $8 million in rollover equity at 7% annual return. The AI analyzed the seller's email and generated the optimal reply in real time, referencing a prior $9 million offer.
Were you in the deal room today? And we described that you, you, you put in the information from his email in the deal owner and said, help me respond this correctly.
So then I also, based on our conversations together, I voice to the ChatGPT, to the Land Shark, and then we basically have a conversation and come up with the best one. So here we clarified that we want option B at 0.5%. And then I also kindly included that the highest prior offer was approximately $9 million, and we're presenting a $12 million structure with the additional upside depending on the path selected. And then I explained again, $4 million at closing, $8 million in rollover equity, 7% annual preferred return. And it's designed to meet and exceed the seller's return expectations while providing a strong overall outcome than a traditional note.