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Bright Machines SPAC

Transaction Overview Business Overview Capital Structure Valuation Offering Size Bright Machines (4) (3) 1 Leading the digital transformation of manufacturing Revolutionizing the manufacturing industry through an advanced, proprietary Al-driven platform Robust revenue growth profile with $727 million in sales and gross margin of 50% by 2025E -$400 million of net proceeds to fund the business until it is projected to be cash flow positive in 2025(¹) --$445 million cash on balance sheet and no debt post-transaction (¹) --$1.1 billion pro forma enterprise value with a strong balance sheet(²) Attractively-valued entry multiple for a high-growth business SCVX has $230 million of cash in trust) PIPE raise of $205 million Assumes no redemptions. Reflects post-money enterprise value and excludes potential impact of existing shareholder earnout structure. Ⓒ2021 Bright Machines, Inc.
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