Rally SPAC Presentation Deck slide image

Rally SPAC Presentation Deck

Legal disclaimers FINANCIAL INFORMATION The financial and operating forecasts and projections contained herein represent certain estimates of Rally as of the date thereof. Rally's independent public accountants have not examined, reviewed or compiled the forecasts or projections and, accordingly, does not express an opinion or other form of assurance with respect thereto. Furthermore, none of Rally or its management team can give any assurance that the forecasts or projections contained herein accurately represents Rally's future operations or financial condition. Such information is subject to a wide variety of significant business, economic and competitive risks and uncertainties that could cause actual results to differ materially from those contained in the prospective financial information. Accordingly, there can be no assurance that the prospective results are indicative of the future performance Rally or that actual results will not differ materially from those presented in these materials. Some of the assumptions upon which the projections are based inevitably will not materialize and unanticipated events may occur that could affect results. Therefore, actual results achieved during the periods covered by the projections may vary and may vary materially from the projected results. Inclusion of the prospective financial information in these materials should not be regarded as a representation by any person that the results contained in the prospective financial information are indicative of future results or will be achieved. On or about December 4, 2020, Rally consummated a share exchange transaction with its affiliates, Rally Bus Corp and OurBus, Inc., and each of such affiliates' respective shareholders. As a result of this share exchange transaction, Rally Bus Corp and OurBus, Inc. became wholly-owned subsidiaries of Rally. Please note that while certain financial information of the foregoing companies was separately maintained, the financial information set forth in this presentation is consolidated to reflect the aggregate business of Rally and its subsidiaries. As set forth in this presentation, financial data for periods prior to 2020 is unaudited and pro forma; financial data for 2020 is subject to pending PCAOB audit solely with respect to OurBus, Inc. (and not Rally Bus Corp financials); financial data for 2021 is subject to pending PCAOB audit on a consolidated basis; projections for periods 2022 and beyond based on historical financial data and expected performance. USE OF NON-GAAP FINANCIAL MATTERS This Presentation includes certain forward-looking non-GAAP financial measures with respect to Rally's expected future performance. These non-GAAP measures are an addition, and not a substitute for or superior to measures of financial performance prepared in accordance with GAAP and should not be considered as an alternative to net income, operating income or any other performance measures derived in accordance with GAAP or as an alternative to cash flows from operating activities as a measure of our liquidity. Not all of the information necessary for a quantitative reconciliation of these non-GAAP financial measures to the most directly comparable GAAP financial measures is available without unreasonable efforts at this time. Rally believes that these forward-looking non-GAAP measures of financial results provide useful supplemental information about Rally. Rally's management uses these forward-looking non-GAAP measures to evaluate Rally's projected financial and operating performance. However, there are a number of limitations related to the use of these non-GAAP measures and their nearest GAAP equivalents. For example, other companies may calculate non-GAAP measures differently or may use other measures to calculate their financial performance, and therefore Rally's non-GAAP measures may not be directly comparable to similarly titled measures of other companies. INDUSTRY AND MARKET DATA The information contained herein also includes information provided by third parties, such as market research firms. None of ATA, Rally or their respective affiliates and any third parties that provide information to ATA or Rally, such as market research firms, guarantee the accuracy, completeness, timeliness or availability of any information. None of ATA, Rally or their respective affiliates and any third parties that provide information to ATA or Rally, such as market research firms, are responsible for any errors or omissions (negligent or otherwise), regardless of the cause, or the results obtained from the use of such content. None of ATA, Rally or their respective affiliates give any express or implied warranties, including, but not limited to, any warranties of merchantability or fitness for a particular purpose or use, and they expressly disclaim any responsibility or liability for direct, indirect, incidental, exemplary, compensatory, punitive, special or consequential damages, costs, expenses, legal fees or losses (including lost income or profits and opportunity costs) in connection with the use of the information herein. TRADEMARKS AND INTELLECTUAL PROPERTY ATA and the Company own or have rights to various trademarks, service marks and trade names that they use in connection with the operation of their respective businesses. This Presentation may also contain trademarks, service marks, trade names and copyrights of third parties, which are the property of their respective owners. The use or display of third parties' trademarks, service marks, trade names or products in this presentation is not intended to, and does not imply, a relationship with ATA or the Company, or an endorsement or sponsorship by or of ATA or the Company. Solely for convenience, the trademarks, service marks, trade names and copyrights referred to in this presentation may appear without the TM, SM, Ⓡ or Ⓒ symbols, but such references are not intended to indicate, in any way, that ATA or the Company will not assert, to the fullest extent under applicable law, their rights or the right of the applicable licensor to these trademarks, service marks, trade names and copyrights.
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