RE:RE:RE:RE:Expected fair value for CTS is $7.28I would refer to this article (https://www.wallstreetprep.com/knowledge/working-capital-101/), which explains that in the financial world, "finance professionals also refer to the subset of working capital tied to operating activities as simply working capital".
From an accounting perspective, the "changes in the working capital" on the cash flow statement, as explained on that link (and correctly calculated, accounting wise), do not include debt instruments. As such, the change from current to long term liability on the debt doesn't have any impact on CTS reported working capital changes. Which means that even if it stayed current, so long as it wasn't paid, it wouldn't have affected the reported changes in the working capital on CTS financial statements.