Allwyn SPAC slide image

Allwyn SPAC

Transaction sources and uses Cohn Robbins cash in trust Common PIPE proceeds Existing shareholders rollover Total sources Sources ($mm) 828 353 6,613 7,794 (€mm) 726 310 5,801 6,837 Cash to PF company balance sheet Cash consideration to existing shareholders Existing shareholder rollover Estimated fees & expenses Uses Total uses ($mm) (€mm) 331 750 6,613 100 7,794 290 658 5,801 88 6,837 All transaction proceeds (net of transaction expenses) will be paid out to existing shareholders if gross transaction proceeds are less than or equal to $850mm (the minimum cash requirement). If gross transaction proceeds exceed the minimum cash requirement, incremental transaction proceeds will be applied to the Company balance sheet until the primary proceeds amount is equal to 1/3 of the total transaction proceeds (net transaction expenses). Thereafter, transaction proceeds (net of transaction expenses) will be allocated on a pro rata basis 1/3 to primary proceeds, which will be applied to the Company balance sheet, and 2/3 to secondary proceeds, which will be distributed to Company shareholders Note: Assumes no redemptions from Cohn Robbins SPAC Trust and assumes $353m common PIPE proceeds; EUR:USD spot rate of 1.14 applied, sourced from Capital IQ as of 7-Jan-22 32 allwyn
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