Plastiq SPAC Presentation Deck

Risks Related to Being a Public Company and Financial Risks 35. IQ 36. 37. 39. 40. 41. 42. 43. 38. If securities or industry analysts do not publish research reports about our business, if they adversely change their recommendations regarding our shares or if our results of operations do not meet their expectations, our stock price and trading volume could decline. Our ability to use net operating loss carryforwards and other tax attributes may be limited in connection with the Business Combination or other ownership changes. Changes in our effective tax rate or tax liability may adversely affect our results of operations and financial condition. We could be required to collect sales, value added or similar taxes or be subject to other tax liabilities that may increase the costs our customers would have to pay for our solutions and adversely affect our business, results of operations and financial condition. Changes in financial accounting standards or policies have affected, and in the future may affect our reported financial condition or results of operations. If our estimates or judgments relating to our critical accounting policies prove to be incorrect, or if there are changes in accounting principles, our operating results could be adversely affected. 44. 45. We have previously identified material weaknesses in our internal control over financial reporting and may identify additional material weaknesses in the future or otherwise fail to maintain effective internal control over financial reporting, which may result in material misstatements of our consolidated financial statements or cause us to fail to meet our periodic reporting obligations or cause our access to the capital markets to be impaired. We depend heavily on third parties such as payment processors and financial institutions to provide us with complete and accurate data in order for us to report our revenue and cash balances, and as a result any incomplete or inaccurate data from such parties affects our ability to accurately report our financial condition and/or results of operations. Operating as a public company will require us to incur substantial costs and will require substantial management attention. In addition, our management team has limited experience managing a public company and the requirements of being a public company may strain our resources, divert management's attention and affect our ability to attract and retain additional executive management and qualified board members If a substantial number of Colonnade's public shares are redeemed in connection with the Business Combination, there may be a more limited market for our securities. The market price and trading volume of our securities may be volatile and could decline significantly following closing of the Business Combination. 34

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