Fast Radius SPAC Presentation Deck slide image

Fast Radius SPAC Presentation Deck

Executive Summary Today's presenters and transaction highlights FAST RADIUS, INC Lou Rassey CEO, CO-FOUNDER, & DIRECTOR R FAST RADIUS. McKinsey & Company Pat McCusker CFO/COO CHRYSLER & CO-FOUNDER INWK NASDAQ LISTED carcurt city ECP ENVIRONMENTAL GROWTH OPPORTUNITIES ("ENNV") Doug Kimmelman CHAIRMAN (1) Pro forma for the transaction and assuming a $10 per share price. (2) Assumes no redemptions by ECP Environmental Growth Opportunities Corp.'s existing shareholders and transaction expenses of approximately $35M. See slide 55 "Detailed transaction overview" for key assumptions and additional details. (3) UPS is an existing investor and currently holds a seat on the Board of Directors of Fast Radius, Inc. © 2021 Fast Radius, Inc. All rights reserved. Tyler Reeder PRESIDENT, CEO & DIRECTOR Confidential - Not for Distribution TRANSACTION HIGLIGHTS: Business combination of Fast Radius with ENNV ■ ■ ■ ENNV has identified Fast Radius as a unique and compelling opportunity to invest behind the Industry 4.0 mega-trends. TM Fast Radius a category creator with a proprietary and defensible Cloud Manufacturing Platform that will enable sustainable ways of making, storing and moving parts. Fast Radius is well-aligned with ENNV's investment thesis. Transaction structure Valuation Capital structure Ownership ■ M ECP (NYSE: ENNV) is a publicly listed special purpose acquisition company with $345m cash held in trust. $100 million fully committed PIPE, including a $25 million forward purchase commitment from Goldman Sachs Asset Management, L.P. Other investors in the PIPE include UPS(3), ECP, and Palantir. $995M pro forma enterprise value(¹) with a strong balance sheet. Implied 1.6x 2025E revenue of $635M offers an attractive valuation for a high growth business. Post-transaction, ~$410M cash on balance sheet (¹) enables significant optionality to enhance growth, profitability and diversification. Fully funded to expected positive free cash flow and profitability in 2025. Existing Fast Radius shareholders will be rolling 100% of their equity and will own -63% of the combined company at closing.(2) 4
View entire presentation