Debt Restructure and WorkPlace Signed Deals
Equity capitalization table
As Adjusted for Debt Restructure Transaction', as of 3/31/23 (shares shown in millions)
Existing Class A Stock
Actual as of 3/31/2023
Shares of Class A Common Stock Issued to SoftBank Holders
Shares of Class A Common Stock Issued to Eligible Noteholders in the Exchange Offer
Shares of Class A Common Stock Issued to the Third Party Investor
Existing Class C Stock
Warrants (ITM)
Warrants (OTM)
Options/RSUS/PSUS (OTM)
Fully Diluted Shares Outstanding 2
Adj.
I
As Adjusted (as of 3/31/2023)
714!
1,398 !
2,113
1,113
1,113
250
250
35!
35
20
20
20
56
56
24
42
N
24
42
857
1,398
2,255
1. Does not give effect to the issuance of up to approximately 201 million and 370 million shares of Class A Common Stock issuable to Softbank upon the exchange of the new 2L Exchangeable Notes and 3L
Exchangeable Notes, respectively, subject to certain adjustments and anti-dilution projections as set forth in the indentures governing such notes.
2. Total figures may not sum due to rounding.
21
wework
© 2023 WeWorkView entire presentation