Forbes SPAC Presentation Deck
Executive Summary
1)
Fites Dive
Strategic Partnership with Binance
telal
Forbes |
Assumes Forbes is debt-free, cash-free at closing
BINANCE
Digital W
IS
010
Cdis
Financial
Strategic
App
$200 million strategic investment, representing 24% pro-forma ownership
Subject to same 1 year lock-up as sponsor and rollover shareholders. Full
alignment on long term commitment to Forbes
Depending on redemptions, 52-76% of shareholding will be subject
to lock up(¹)
Financial investor with strategic resources
Clear synergies between Forbes' broad and high value audience and
Binance's innovation to develop blockchain and web3 initiatives
Operational
Forbes
Formation of digital asset steering committee
2 members on Forbes' 9 member board of directors
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