October 15, 2022 Figure 1 Transaction Summary-90% redemptions Figure 2 Transaction Summary-0% Redemption Figure 3 *Forfeiture of Sponsor Shares *Denotes estimated figures by CPC #Reported as on September 30, 2022
October 14, 2022 Earnout Securities consist of: Valuation Milestone Shares of Class B Common Stock of Company TopCo and Direct Biologics Up-C Units $50 million Triggering Event I Achieve a primary efficacy endpoint of 60-day all-cause mortality in its Phase 3 EXTINGuish trial by December 31, 2023 Shares of Class B Common Stock of Company …
Good Works II Acquisition Corp. (GWII) Merger with Direct Biologics (Private) Read More »
October 14, 2022 SPAC SponsorPIPE Investor (Ananda Trust)Target Shareholders (Holdings ≥1%) 6-months post-closing Early Release: If price equals or exceeds $12.00 per share after 150 days of closing Cash in Trust Less: Redemption Payments Add: Additional Funding excluding Ananda Trust Investment & Zoomcar Private Financing Less: Expenses & liabilities at closing *Denotes estimated figures …
Innovative International Acquisition Corp. (IOAC) Merger with Zoomcar (Private) Read More »
October 12, 2022 1.4x 2022E Revenue 10.8x 2022E Adjusted Management EBITDA Shares of Flexjet Class B Common Stock cancelled & exchanged for: Exercise Price Split between SPAC Sponsor & Directional Capital LLC SPAC Sponsor Directional Capital LLC 20,000,000 Warrants $10.00 Equal 10,000,000 Warrants 10,000,000 Warrants 20,000,000 Warrants $15.00 10,000,000 Warrants 10,000,000 Warrants …
Horizon Acquisitions Corporation II (HZON) Merger with Flexjet (Private) Read More »
October 8, 2022 Redemption Rate 0% 75% Enterprise Value $497 million $497 million Post-Money Market Cap Value $814 million $564 million *Denotes estimated figures by CPC #Reported as on September 30, 2022
October 6, 2022 Redemption Rate 0% 90% Enterprise Value $537 million $537 million Post-Money Market Cap Value $755 million $530 million TEV/ 2023E Revenue 8.9x 8.9x TEV/ 2024E Revenue 5.6x 5.6x If advanced, it would be available to Target for: Working capitalTo refinance certain existing debt of Target, To pay transaction costs and expenses Other …
Pathfinder Acquisition Corporation (PFDR) Merger with Movella (Private) Read More »
October 5, 2022 Cash in trust Less: Redemptions Add: Convertible Note Financing received by Complete Solar Add: Additional financing received by Freedom (consented by Complete Solar) Add: PIPE (received at least 30 days before closing) Less: Freedom transaction expenses in excess of $20 million Termination fee payable to Freedom if: Termination fee payable to …
Freedom Acquisition I Corp. (FACT) Merger with Complete Solaria (Private) Read More »
October 5, 2022 *Denotes estimated figures by CPC #Reported as on September 30, 2022
September 30, 2022 *Denotes estimated figures by CPC #Reported as on September 30, 2022
September 30, 2022 & https://content.bamsec.com/0001193125-23-018460/g431429ex99_3p29g1.jpg ): *Denotes estimated figures by CPC #Reported as on September 30, 2022
