NextNav Investor Presentation Deck

Closes $20 Million Additional Debt Financing Total Gross Proceeds of $70 million Terms: Warrants: Close: Add'l Note Investors: ● ● ● ● ● ● $50 million aggregate principal amount of 10.00% Senior Secured First Lien Notes due December 2026 50% of interest payable in stock at company's discretion. $20 million additional notes issued under same indenture structure. ● Noteholders have received 25.9 million warrants to purchase common stock for cash at an aggregate exercise price of $56 million. Partially callable beginning in 2025 $50 million transaction closed May 9, 2023. N NEXTNAV $20 million transaction closed July 6, 2023. Initial round investors seeking greater allocation of 10.00% senior secured notes and warrants.

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