That should be the NTA on a business as usual basis. I wonder however if the liquidation NTA looks significantly different.
I wonder, because on page 59-60 of the Information Memorandum, it describes the details of the 2018 Equity Incentive Plan. Under the section titled "Dissolution or liquidation" it says this:
"In the event of OM Delaware’s proposed liquidation or dissolution, the administrator will notify participants and all awards granted under the 2018 Equity Incentive Plan will terminate immediately before the completion of such proposed transaction."
I'm not 100% sure on this, but it looks to me like it's saying that if the business is liquidated, the freebie incentive shares given out to employees get cancelled. Accordingly, the NTA of OMN may be significantly higher on liquidation.
Could be something to consider if momentum for a liquidation of the business grows.