Matterport SPAC Presentation Deck slide image

Matterport SPAC Presentation Deck

● ● Transaction summary Pro forma fully diluted enterprise value of $2.3 billion, 11.2x multiple of 2022E revenue; 7.0x 2023E revenue Current owners will retain ~75% ownership in public Matterport Transaction will result in approximately $615 million of cash added to the balance sheet to fund growth Sources ($M) Cash in Trust(1) Proceeds from PIPE Raise Seller Rollover Total Sources Uses ($M) Seller Rollover Cash to Matterport's Balance Sheet(1) GH VI Estimated Deal Expenses Total Uses $345 $295 2,189 $2,829 $2,189 615 25 $2,829 Pro Forma Valuation ($M) Share Price x Pro Forma Shares Outstanding Equity Value Less: Net Cash (2) Enterprise Value Enterprise Value/2022E Revenue Pro Forma Ownership (³) PIPE Investors 10.1% GHVI Shareholders 11.8% Notes: (1) Assumes no Gores Holdings VI stockholder has exercised its redemption rights to receive cash from the trust account. This amount will be reduced by the amount of cash used to satisfy any redemptions (2) Based on pre-transaction net cash position of $40M and $615M net cash injection to company's balance sheet (3) Assumes a nominal share price of $10.00. Ownership excludes impact of warrants and earn out GHVI Sponsor 3.0% PIPE Investors Investor Rullover $10.00 291.5 $2,915 655 $2,260 11.2x Investor Rollover 75.1% 30
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