Alternus Energy SPAC Presentation Deck
1.
2.
3.
PRO FORMA VALUATION
Pro Forma Ownership¹
CLIN Public Shareholders¹
Alternus Parent³
63.7%
CLIN Sponsor²
29.3%
7.0%
CLIN Public Shares¹
Shares from CLIN Rights
CLIN Sponsor²
Pro Forma Valuation ($mm)
Alternus Pre-Money Valuation³
Pro Forma Equity Value
Plus: Existing Alternus Debt
Less: Existing Alternus Cash
Less: Transaction Cash to Balance Sheet
Pro Forma Enterprise Value
Total
Alternus Equity Rollover³
CLIN Sponsor²
CLIN Public Equity¹
Additional Cash in Trust¹
Target Cash
Assumes 0% redemptions by CLIN public stockholders
Excludes 2.56mm shares vesting at a share price of $12.50. Includes 890,000 shares from Private Placement Units.
Excludes 35mm earnout shares that will be released from escrow upon meeting targets outlined on Page 7
Sources ($mm)
$550.0
$60.0
$230.0
$2.3
$10.0
$852.3
Transaction Overview 8
Uses ($mm)
Alternus Equity Rollover³
CLIN Sponsor²
Cash to Balance Sheet¹
Fees & Expenses
Total
$230.0
$23.0
$60.0
$550.0
$863.0
$357.8
($10.0)
($218.8)
$992.0
$550.0
$60.0
$228.8
$13.5
$852.3View entire presentation