Raycaster/ Eval

APEX-Agents

gpt-5.5 on World221_oa_5

1/3Fail
Domain
Investment Banking
Category
AI Agents for M&A Legal Due Diligence
Harness
dual

Grader rubric

Criteria verdict

  1. States the "Exchange Ratio for TVPG Shareholders" is 0.438x

    Pass
  2. States the % Value Accretion/(Dilution) to BBDC shareholders is 16.48%

    Fail
  3. States the % Value Accretion/(Dilution) to TPVG shareholders is 35.30%

    Fail

Prompt excerpt

Task context

Assume that TVPG raised additional $70 million mezzanine capital ($30 million - equity capital raise from it's current shareholders at a discounted issue price of $6.0 per share and $40 million - debt capital raise at 6% interest rate), and the merger uses 50% cash consideration financed with 80% of cash on balance sheet - Using the 9M TTM 2025 account, recalculate the "Exchange Ratio for TVPG Shareholders", "% Value Accretion/(Dilution) to BBDC shareholders", and "% Value Accretion/(Dilution) to TPVG shareholders" in the merger model and return results. Assume the end of financial year is December 31st, debt issued date was the first day of the calendar year and zero fees associated with the issues. Round all percentage calculations to the nearest 2 decimal places, and round ratio to the nearest 3 decimal places. Respond with the information in a message.

Response trace

Agent response, tools, files, and edits

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Why Eval exists · why Workspace exists

Public evidence and cloud agents are the same harness.

Eval exists so scores are inspectable—tasks, trajectories, artifacts, and rubric verdicts anyone can open.Workspace exists so people can automate real file work with that harness, and so Raycaster never evaluates work it cannot perform.